Tried with $HYPER, invested $1000 into the position. I used a hedging strategy—long on Paradex and short on another chain. I originally wanted to control costs with limit orders on the latter, but the slippage was unbearable. This is a common problem with DEXs— even with limit orders, you can't avoid exaggerated slippage. It seems that choosing the right trading partner can really influence the efficiency of a trade. This experience made me more aware of how significant the liquidity differences are across platforms.

HYPER-3.74%
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GlueGuyvip
· 01-11 12:50
Slippage is really a stubborn problem for DEXs. Paradex works well, but on another chain, it directly wiped out my stop-loss order, losing $1000 in an instant.
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BoredWatchervip
· 01-11 12:49
Slippage is really incredible; limit orders can't save you... Paradex's liquidity truly outperforms other DEXes.
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PanicSeller69vip
· 01-11 12:48
Slippage is really something else; limit orders can't save you... Next time, I should choose trading pairs with deep liquidity, or else I'm just giving money to the DEX.
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TokenomicsDetectivevip
· 01-11 12:31
Slippage is really incredible; limit orders can't save it... I've long been speechless about the liquidity issues of DEXs.
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bridgeOopsvip
· 01-11 12:23
Slippage killer, that's why I always place orders on Paradex now... Poor liquidity DEXs are truly a painful lesson, I lost a chunk of my $1000 just like that.
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