exchange.IO("slippage", ...)

Sets the slippage protection of market orders.

    
    
    
exchange.IO(k)

    
    
    
exchange.IO(k, ratio)

Examples

Set the slippage protection for market orders.

    javascript
    
    
function main() {
    exchange.IO("slippage", 0.01)     // 1%
    Log("Slippage:", exchange.IO("slippage"))
}

Returns

Arguments

See Also

Remarks

A market order takes the quote at the time the order is placed, deducts the slippage, calculates the minimum amount to receive and writes it into the on-chain transaction. If the price moves beyond the slippage range by the time the trade executes, the whole transaction is reverted (only the gas fee is lost).

You can also append ;{"slippage":0.01} to the direction parameter of exchange.CreateOrder() to set the slippage for a single order. Limit orders do not use slippage, because the limit price is already the worst execution price.