What is slippage and how should I set it?

Slippage is the maximum price change you allow during execution. Lower slippage protects price but can increase failure chance in volatile markets.

Simple rule:

• Low slippage: safer price, more failures.
  

• Higher slippage: higher fill chance, wider price drift.

Start with default or auto settings if you are new. Increase only when a swap repeatedly fails due to fast price changes. Do not set very high slippage unless you understand the risk.