Setting Slippage

Default slippage is 0.1%, and can easily be changed through the hook useSetSlippage

useSetSlippage returns [currentSlippage, setSlippage]

Slippage is represented in bips, so to allow for 100% slippage (DO NOT DO THIS HIGH OF SLIPPAGE), slippage should be set to 10000.

Alternatively, slippage can be included in the useSwapTypedAmount hook as an option field in the query options.

useSlippage

This hook exposes both the current slippage, and a function to change the current slippage.

Slippage is expressed in Bps (1 / 10000)

Example:

import { useSetSlippage } from "@node-fi/react-native-sdk"

const convertBipsToFloat = (bips: number) => bips / 100000


function Component() {
  const [slippage, setSlippage] = useSetSlippage()


  return (
    <>
      <Text> {`Current Slippage is: %${(convertBipsToFloat(slippage) * 100).toFixed(2)}`}
      <Button text={`Set slippage to 1%`} onPress={() => setSlippage(100)}>
    </>
  )
}