Penguinswap
Penguinswap
  • How to Connect using Credit Wallet
  • General
    • What is an approval transaction
    • How to swap tokens
    • How to change slippage
    • What is price impact?
    • What are Penguinswap's fees?
    • What are token warnings?
    • Claiming fees
    • How to add liquidity
  • Support
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How to change slippage

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Last updated 5 months ago

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. By default, the cap on price slippage is set to 0.5% on Penguinswap. 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. Note that you can opt to change this value by clicking on the cog in the upper right-hand corner.

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

The maximum slippage will now be reflected on the Swap screen.