Slippage
Slippage is the difference between the price you expect and the price you actually receive when an order executes.
Category
Trade Execution
These terms cover execution quality, routing, and how quoted prices can move once size hits the market.
How to recognize this theme
Terms you see when orders move through liquid markets.
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 amount a trade moves the market price because of its size relative to available liquidity.
Aggregator
An aggregator routes orders or swaps across multiple venues or pools to seek better execution.
Limit Order
A limit order only executes at a specified price or better.