Tips
Managing Slippage and Price Impact
Slippage Settings:
Use average slippage (0.5%–1%) for liquid, high-volume token pairs
Increase slippage tolerance (2%–5%) for low-liquidity tokens or during volatile market conditions
Avoid excessively high slippage settings, as they can result in unfavorable execution prices
Reducing Price Impact:
Split large exchanges into multiple smaller transactions to reduce price impact
Monitor price impact warnings — exchanges with impact exceeding 5% should be reduced or delayed
Check pool liquidity depth before executing large swaps (see Pool for liquidity information)
Execute exchanges during periods when market conditions stabilize over 10-30 minutes, allowing liquidity to replenish
Example
A single 5,000 WEMIX swap with 3% price impact ($150 loss) can be split into five 1,000 WEMIX swaps with 0.6% price impact each ($30 total loss), reducing slippage by 80%.
Cost Optimization
Gas Fee Management:
Ensure sufficient WEMIX balance before initiating swaps to avoid transaction failures
Monitor gas fee estimates during network congestion periods
Combine multiple small trades into fewer larger transactions when appropriate to save on cumulative gas costs
Token Approval Best Practices:
First-time swaps for each token require a separate approval transaction
Approval is a one-time action per token contract
Unlimited approval eliminates future approval steps but increases smart contract exposure
Consider limited approval amounts for tokens with unknown or unaudited contracts
Transaction Troubleshooting
For common issues such as failed transactions, slippage errors, insufficient liquidity warnings, or balance display problems, refer to the Support → Help Center section for detailed resolution steps.
Related Documentation:
Learn how liquidity pools work: Pool
Understand fee earnings for liquidity providers: Manage Liquidity
Track swap history and performance: Portfolio
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