Slippage refers to the difference between the expected price of a trade and the actual execution price. When there is a delay between placing an order and executing the trade, and the asset's price changes, slippage occurs. For example, if you place an order to buy one Bitcoin at $50, but before your order is executed, the price rises to $52, you may incur a slippage loss of $2 per Bitcoin. This means your actual purchase price will be $52, not the expected $50. Another example is if you find 20 ETH and 80 USDT in an AMM pool, and you expect the ETH price to be 4 USDT/ETH. However, if you plan to spend 20 USDT to swap in the pool, you will end up receiving only 4 ETH instead of the expected 5 ETH, resulting in a slippage loss of 1 USDT/ETH. Your actual purchase price will be 5 USDT, not the expected 4 USDT. $LRC $BSV $GTC