What Is the Relationship between ‘Gas Fees’ and the Slippage Tolerance Setting on Ethereum DEXs?

Gas fees are the cost of executing a transaction on the Ethereum network. A higher gas fee incentivizes miners to prioritize the transaction, leading to faster inclusion in a block.

A faster transaction reduces the time window for price movement, thus reducing the likelihood of exceeding the slippage tolerance. Therefore, a trader can use a higher gas fee to increase the probability of a successful execution, especially when using a tight slippage tolerance.