Slippage
Slippage is the difference between the expected price of a trade and the price actually received when the order executes.
Category
DEX Execution
Execution terms help describe how swaps are priced and why orders can fill at different prices than expected.
How to recognize this theme
Words you encounter when trading on an AMM or router.
In a daily board, this category groups terms by their shared role. Look for four cards that describe the same mechanism, risk area, or workflow rather than four words that merely sound similar.
Educational context
These entries are vocabulary notes for learning. They are not project endorsements, token recommendations, exchange rankings, or trading signals.
Price Impact
Price impact is the change in an AMM's quoted price caused by the trade itself, typically larger when liquidity is shallow.
Swap Router
A swap router is a contract or service that selects a path across pools (and sometimes multiple DEXs) to execute a token swap.
Route Splitting
Route splitting is executing one trade across multiple pools or routes to reduce price impact and improve execution under given constraints.