Is Slippage a Concern in Limit Orders, or Is It Primarily a Market Order Issue?
Slippage is primarily a concern for market orders, especially on DEXs. A market order executes immediately at the best available price, which can fluctuate, leading to slippage.
A limit order, conversely, specifies a maximum or minimum price at which the user is willing to trade. If the market price moves beyond the specified limit, the order will simply not execute or will only partially fill, meaning the user is protected from unfavorable price execution, and thus, slippage is not a concern.