Slippage
Slippage occurs when traders end up paying a different price than they expected because the price changed before their order was completed.
More terms under S
- Simplified Payment Verification (SPV)A Simplified Payment Verification (SPV) is a way for lightweight apps to check if transactions are valid on the blockchain without needing to download the…
- SkynetSkynet is a service that uses the Sia blockchain to store files in a decentralized way, meaning your data is spread across many computers instead of being kept…
- SlashingSlashing is a penalty in Proof of Stake (PoS) networks that punishes validators for bad behavior, helping to keep the network secure and honest.
- Slot (Cardano)A slot is the smallest unit of time in the Cardano blockchain, during which transactions can be processed.
- Smart ContractA smart contract is a self-executing agreement written in code on the blockchain that automatically carries out the terms of the contract without needing a…
- Smart Contract AuditA smart contract audit is a review by security experts to make sure that the code behind a smart contract is safe and free from errors or weaknesses.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.