# How to change slippage

Price slippage refers to latency-induced price fluctuations, resulting from market dynamics between the moment in which you submit the transaction and the time which the swap is executed. \
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By default, the cap on price slippage is set to 0.5% on Penguinswap. \
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This means that with a slippage of 0.5%, you could receive up to 0.5% fewer tokens than expected on the preview swap screen depending on market conditions. \
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Note that you can opt to change this value by clicking on the cog in the upper right-hand corner. 

<figure><img src="https://2811362010-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FpEpjP0BsCm3NNzRgxkoy%2Fuploads%2F6wZwijOSs1YmA7FS9LXB%2Fimage.png?alt=media&#x26;token=f3cc010c-b92d-4ddc-85a4-cd41e0791dd9" alt=""><figcaption></figcaption></figure>

Then you may toggle from 'Auto' to 'Custom' to select a desired max slippage value.&#x20;

<figure><img src="https://2811362010-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FpEpjP0BsCm3NNzRgxkoy%2Fuploads%2FX84oz9NuQa0RATkICvCk%2Fimage.png?alt=media&#x26;token=912f792e-7edf-46c2-94bd-9c80657b452b" alt=""><figcaption></figcaption></figure>

The maximum slippage will now be reflected on the Swap screen.&#x20;

<figure><img src="https://2811362010-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FpEpjP0BsCm3NNzRgxkoy%2Fuploads%2FEhcTbImuv7qFVeVsn461%2Fimage.png?alt=media&#x26;token=53686b5c-94b4-48c4-ad9d-09bd4d6f83db" alt=""><figcaption></figcaption></figure>