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Why Did My Swap Fail?
Why Did My Swap Fail?

Explaining common reasons for swap failures in Plug Wallet, including slippage tolerance, liquidity, price impact, and technical issues.

Updated over 2 months ago

There are several common reasons why a swap might fail:

  1. Slippage Tolerance Too Low

    • If your slippage tolerance is set too low, minor price changes during the transaction could prevent the swap from going through.
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  2. Low Liquidity in the Order Book 📉

    • The token pair you're trying to swap might have low liquidity, meaning there aren’t enough buy or sell orders to fulfill your swap.

      • Low Volume: The token pair may have insufficient market activity.

      • Large Order Size: Your swap might be too large for the available liquidity.
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  3. Price Impact

    • A large swap can move the market price significantly, causing the swap to fail if it exceeds your set slippage tolerance.
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  4. Technical Issues with Providers

    • Technical issues with providers such as ICPSwap or ICDex may also cause swaps to fail.

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