I just had a slip-up on the DEX, even though the pool price looked pretty stable, I suddenly lost a relatively large order, and the slippage was "about okay," then the routing took a roundabout way, and the execution price was directly worse than expected... Honestly, I was just too impatient. When the depth is thin, quotes just "look good," but only when you actually fill do you realize how uncomfortable it is.

Looking back: don't blindly trust default slippage, especially during volatile periods; the order placement should be broken down into two or three parts, which can actually get you closer to the price you see. Also, don’t just look at the best quote for routing; the fee plus the depth at a certain hop in the path might be a bigger trap.

Recently, everyone has been interpreting ETF capital flows, US stock risk appetite, and crypto market rises and falls together, I also pay attention, but when it comes to my own trading, the most practical thing is to first understand these three ingredients: slippage, depth, and routing... Otherwise, when emotions take over, you might choke on the face before even eating the dish.