When you make a trade on Ulys, the amount you receive may be slightly different than the amount you entered. For example, you might buy $10 worth of an asset and receive $9.99.
This happens because Ulys routes trades through decentralized exchanges (DEXs) and liquidity providers to find the best available rates. Small differences can occur due to:
- Spreads: DEXs often have a small difference between buy and sell prices to maintain liquidity.
- Exchange rates: Prices can change slightly between the moment you enter your trade and when it executes.
- Slippage: Very small variations can occur if the trade interacts with the current liquidity in the pool.
Ulys executes trades at the best available rate, and these small differences are normal in crypto trading.
If this causes your trade to fall just below the minimum trade amount, the app will prompt you to adjust your order before completing it.
What Is a Market Spread?
A market spread is the difference between the buy price (what you pay for an asset) and the sell price (what you would receive if you sold it).
Spreads exist in all markets, including crypto, and reflect real-time supply and demand. They help ensure trades can settle immediately.
For example, if an asset’s buy price is $1.00 and its sell price is $0.99, that $0.01 difference is the spread.
On Ulys, your trades are routed through DEXs and liquidity providers to get the best rate possible. Small differences between the amount you enter and the amount you receive are normal and expected.
Spreads exist in all markets, including crypto, and reflect real-time supply and demand. They help ensure trades can settle immediately.
For example, if an asset’s buy price is $1.00 and its sell price is $0.99, that $0.01 difference is the spread.
On Ulys, your trades are routed through DEXs and liquidity providers to get the best rate possible. Small differences between the amount you enter and the amount you receive are normal and expected.