Slippage tolerance is a setting for the limit of price slippage you are willing to accept. By setting slippage tolerance, you basically set a limit on how many tokens you will accept, whether higher or lower than the rate shown in the interface. Slippage tolerance is set as a percentage of the total swap value. For instance, if you set slippage tolerance at 3%, it means that the amount of tokens you will receive will not differ greater than by 3%.

For your convenience the 'slippage tolerance' indicator can be pinned to the swap page by clicking on the star icon next to it in the settings.

Did this answer your question?