PLAIN ENGLISH
What does Slippage mean?
Slippage happens when a market moves or lacks enough liquidity to fill the entire order at the expected price. It becomes especially important in small or fast-moving markets.
IN THE WILD
How people use it
Crypto swaps, thin markets and large orders.
EXAMPLE“The chart moved less than my fill because slippage was brutal.”
ALSO USED AS
price impact