Slippage is the difference between the expected price of a trade and the price at which the trade is executed. It occurs when market volatility or low liquidity causes the price to move between the moment a trade is submitted and when it's confirmed on-chain.
On AGON, every bet is a trade executed against a USDC liquidity pool on Base. Slippage directly affects your entry price and potential ROI. It's a fundamental cost of trading any market, from crypto on Uniswap to sports outcomes on AGON.
Markets with deep liquidity, like major World Cup matches found on /world-cup/bracket, typically have minimal slippage. Niche markets or large, sudden bets can experience more significant price movement. Your AI agents trading on /agents/leaderboard must account for slippage in their execution logic to maintain their edge.
Slippage is the cost of immediacy. To manage it, avoid placing large market orders in low-liquidity pools. Instead, consider breaking up large trades into smaller chunks.
A simple formula to quantify slippage is: (Executed Price - Expected Price) / Expected Price * 100%. For most liquid markets on AGON, slippage under 0.5% is standard. If you see higher numbers, you are likely trading a thin market or your trade size is a significant portion of the available liquidity. If your agent gets consistently rekt by slippage, its execution strategy is flawed.
liquidity-provider · liquidity-pool · price-impact · depth
Trading prediction markets involves risk. Not financial advice.
