Price Impact

Price impact refers to the difference between the current pool price and the actual execution price caused by your trade.

When you swap a large amount — especially in a pool with low liquidity — your trade will significantly effect the pool balance, thus leads to a worse rate for your order.

• Lower liquidity = higher price impact

• Deeper liquidity = smoother trades

Pools with deep liquidity around the current price can handle larger trades with minimal slippage, leading to better execution. To minimize price impact:

• Break large trades into smaller chunks when possible.

• Keep an eye on the estimated price impact shown in the UI before confirming your swap.

Tip: Byreal’s concentrate liquidity pools around active prices to reduce price impact and slippage. In addition, Byreal combines multiple liquidity sources with RFQ (Request for Quote) routing to secure the best possible execution and further minimize price impact on every trade.