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Terms for Swap

📌 Slippage tolerance

Users can specify the range of damages that may be caused by the difference between the expected price of the token and the real-time price. If the difference exceeds the tolerance range, the transaction will be reverted. Everdex's standard slippage tolerance(auto) is 1%.

📌 Tx deadline

Users can specify the maximum transaction time they can tolerate. Transactions that exceed that deadline will be invalidated. It applies only during token exchange and does not apply during network change.

📌 Price impact

Changes in token prices caused by users’ transactions. These price impacts keep changing depending on the ratio of the tokens and the size of liquidity in the pool. The lower the liquidity of the pool, the greater the impact on the transaction price. Therefore, users need to be cautious of trading with a high price impact as you may receive a worse overall price with the greater impact.

📌 Expected cost

Estimated spending during transactions, including gas and service fees. More information on service fees can be found here.