Slippage hay c\u00f2n g\u1ecdi l\u00e0 hi\u1ec7n t\u01b0\u1ee3ng tr\u01b0\u1ee3t gi\u00e1 khi th\u1ef1c hi\u1ec7n c\u00e1c giao d\u1ecbch th\u1ecb tr\u01b0\u1eddng. Slippage l\u00e0 s\u1ef1 ch\u00eanh l\u1ec7nh gi\u00e1 gi\u1eefa gi\u00e1 ban \u0111\u1ea7u ch\u00fang ta d\u1ef1 ki\u1ebfn s\u1ebd giao d\u1ecbch v\u00e0 m\u1ee9c gi\u00e1 th\u1ef1c m\u00e0 ch\u00fang ta nh\u1eadn \u0111\u01b0\u1ee3c sau khi th\u1ef1c hi\u1ec7n giao d\u1ecbch. Trong v\u00ed d\u1ee5 \u0111\u01a1n gi\u1ea3n d\u01b0\u1edbi \u0111\u00e2y, ch\u00fang ta s\u1ebd hi\u1ec3u \u0111\u01b0\u1ee3c slippage l\u00e0 g\u00ec trong giao d\u1ecbch.<\/p>\n\n\n\n
Gi\u1ea3 s\u1eed ch\u00fang ta mu\u1ed1n mua 10.000 USD \u0111\u1ed3ng Ethereum (gi\u00e1 ETH \u0111ang l\u00e0 1200$), v\u1edbi 1 l\u1ec7nh market th\u00ec ch\u00fang ta th\u00f4ng th\u01b0\u1eddng s\u1ebd nh\u1eadn \u0111\u01b0\u1ee3c k\u1ebft qu\u1ea3 giao d\u1ecbch (b\u1ecf qua c\u00e1c lo\u1ea1i chi ph\u00ed c\u1ee7a s\u00e0n) nh\u01b0 sau:<\/p>\n\n\n\n
- \n
- a % s\u1ebd kh\u1edbp l\u1ec7nh \u1edf m\u1ee9c gi\u00e1 1200$<\/li>\n\n\n\n
- b % s\u1ebd kh\u1edbp l\u1ec7nh \u1edf m\u1ee9c gi\u00e1 1205$<\/li>\n\n\n\n
- c % s\u1ebd kh\u1edbp l\u1ec7nh \u1edf m\u1ee9c gi\u00e1 1194$<\/li>\n<\/ul>\n\n\n\n
R\u00f5 r\u00e0ng r\u1eb1ng ch\u00fang ta kh\u00f4ng th\u1eadt s\u1ef1 c\u00f3 m\u1ed9t giao d\u1ecbch \u0111\u00fang \u1edf m\u1ed9t m\u1ee9c gi\u00e1 l\u00e0 1200$, ch\u00fang ta c\u00f3 th\u1ec3 xem l\u1ea1i l\u1ecbch s\u1eed giao d\u1ecbch tr\u00ean t\u00e0i kho\u1ea3n c\u1ee7a m\u00ecnh \u0111\u1ec3 ki\u1ec3m ch\u1ee9ng \u0111i\u1ec1u n\u00e0y. M\u1ed9t l\u1ec7nh b\u00e1n ho\u1eb7c mua (l\u1ec7nh market) c\u1ee7a ng\u01b0\u1eddi d\u00f9ng th\u00f4ng th\u01b0\u1eddng s\u1ebd \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n \u1edf 2-3 m\u1ee9c gi\u00e1.<\/p>\n\n\n\n
![\"\"](\"https:\/\/coinwire.com\/wp-content\/uploads\/2023\/06\/slippage-la-gi-1024x233.png\" "\\"\\"")
<\/figure>\n\n\n\nNg\u01b0\u1eddi mua th\u1ef1c hi\u1ec7n 1 giao d\u1ecbch nh\u01b0ng trong l\u1ecbch s\u1eed giao d\u1ecbch l\u1ea1i th\u1ec3 hi\u1ec7n 3 \u201cl\u1ec7nh giao d\u1ecbch\u201d kh\u00e1c nhau, trong tr\u01b0\u1eddng h\u1ee3p n\u00e0y ch\u00fang ta g\u1ea7n nh\u01b0 s\u1ebd kh\u00f4ng th\u1ea5y \u1ea3nh h\u01b0\u1edfng c\u1ee7a tr\u01b0\u1ee3t gi\u00e1 t\u1edbi kho\u1ea3n giao d\u1ecbch c\u1ee7a m\u00ecnh. Tuy nhi\u00ean c\u00f3 nh\u1eefng tr\u01b0\u1eddng h\u1ee3p 3 l\u1ec7nh tr\u00ean s\u1ebd \u0111\u01b0\u1ee3c giao d\u1ecbch \u1edf 3 m\u1ee9c gi\u00e1 ch\u00eanh l\u1ec7ch nhau kh\u00e1 nhi\u1ec1u n\u1ebfu gi\u00e1 tr\u1ecb giao d\u1ecbch l\u1edbn so v\u1edbi thanh kho\u1ea3n tr\u00ean s\u00e0n.<\/p>\n\n\n\n
<\/span>Nguy\u00ean nh\u00e2n g\u00e2y tr\u01b0\u1ee3t gi\u00e1?<\/strong><\/span><\/h2>\n\n\n\n
C\u00f3 hai nguy\u00ean nh\u00e2n ch\u00ednh d\u1eabn t\u1edbi v\u1ea5n \u0111\u1ec1 slippage hay tr\u01b0\u1ee3t gi\u00e1, \u0111\u00f3 l\u00e0 do l\u00fd do thanh kho\u1ea3n v\u00e0 m\u1ee9c \u0111\u1ed9 bi\u1ebfn \u0111\u1ed9ng c\u1ee7a th\u1ecb tr\u01b0\u1eddng (hay c\u00f2n g\u1ecdi l\u00e0 Volatilite).<\/p>\n\n\n\n
Thanh kho\u1ea3n th\u1ecb tr\u01b0\u1eddng th\u1ea5p<\/h3>\n\n\n\n
\u0110\u00e2y l\u00e0 l\u00fd do l\u1edbn nh\u1ea5t m\u00e0 ng\u01b0\u1eddi d\u00f9ng th\u01b0\u1eddng g\u1eb7p ph\u1ea3i khi giao d\u1ecbch trong th\u1ecb tr\u01b0\u1eddng crypto. Theo d\u1eef li\u1ec7u t\u1eeb Coingecko<\/a>, r\u1ea5t \u00edt c\u00e1c \u0111\u1ed3ng coin c\u00f3 kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch tr\u00ean 10.000 USD, nh\u1eefng \u0111\u1ed3ng coin c\u00f3 m\u1ee9c giao d\u1ecbch tr\u00ean gi\u00e1 tr\u1ecb n\u00e0y th\u01b0\u1eddng l\u00e0 c\u00e1c \u0111\u1ed3ng coin n\u1eb1m trong top 300 nh\u1eefng \u0111\u1ed3ng coin d\u1eabn \u0111\u1ea7u v\u1ec1 v\u1ed1n ho\u00e1. C\u00f2n l\u1ea1i h\u00e0ng ch\u1ee5c ng\u00e0n \u0111\u1ed3ng coin c\u00f2n l\u1ea1i tr\u00ean th\u1ecb tr\u01b0\u1eddng ho\u1eb7c l\u00e0 \u0111\u00e3 b\u1ecb m\u1ea5t thanh kho\u1ea3n ho\u1eb7c l\u00e0 ch\u00fang \u0111\u01b0\u1ee3c giao d\u1ecbch v\u1edbi kh\u1ed1i l\u01b0\u1ee3ng r\u1ea5t th\u1ea5p. Kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch th\u1ea5p l\u00e0 k\u1ebft qu\u1ea3 ch\u00ednh x\u00e1c cho v\u1ea5n \u0111\u1ec1 thanh kho\u1ea3n th\u1ea5p.<\/p>\n\n\n\n
![\"\"](\"https:\/\/coinwire.com\/wp-content\/uploads\/2023\/06\/thanh-khoan-thap-tren-san-mexc-1024x508.png\" "\\"\\"")
<\/figure>\n\n\n\nM\u1ed9t v\u00ed d\u1ee5 cho v\u1ea5n \u0111\u1ec1 thanh kho\u1ea3n th\u1ea5p khi giao d\u1ecbch tr\u00ean s\u00e0n MEXC<\/a> v\u1edbi 1 \u0111\u1ed3ng coin c\u00f3 kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch th\u1ea5p (137.000 USD\/24H). Ch\u00fang ta theo d\u00f5i c\u1ed9t tr\u00ean tr\u00e1i n\u01a1i c\u00e1c l\u1ec7nh \u0111ang \u0111\u01b0\u1ee3c \u0111\u1eb7t. N\u1ebfu ch\u00fang ta th\u1ef1c hi\u1ec7n 1 l\u1ec7nh mua gi\u00e1 tr\u1ecb 1000 USD th\u00ec m\u1ee9c gi\u00e1 c\u1ee7a \u0111\u1ed3ng coin n\u00e0y c\u00f3 th\u1ec3 t\u0103ng \u0111\u1ebfn t\u1eeb 10-20% so v\u1edbi gi\u00e1 tr\u01b0\u1edbc khi mua (gi\u00e1 hi\u1ec7n t\u1ea1i 0.000295 t\u0103ng l\u00ean \u0111\u1ebfn h\u01a1n 0.0003700) theo nh\u01b0 c\u00e1c l\u1ec7nh \u0111ang \u0111\u01b0\u1ee3c treo tr\u00ean s\u00e0n.<\/p>\n\n\n\n
R\u00f5 r\u00e0ng l\u00e0 v\u1edbi vi\u1ec7c thanh kho\u1ea3n k\u00e9p khi\u1ebfn ch\u00fang ta ch\u1ecbu r\u1ea5t nhi\u1ec1u \u201cchi ph\u00ed\u201d khi th\u1ef1c hi\u1ec7n c\u00e1c giao d\u1ecbch, l\u1eddi khuy\u00ean \u1edf \u0111\u00e2y cho c\u00e1c nh\u00e0 giao d\u1ecbch \u0111\u00f3 l\u00e0 h\u00e3y xem x\u00e9t gi\u00e1 tr\u1ecb giao d\u1ecbch c\u1ee7a m\u00ecnh v\u00e0 m\u1ee9c \u0111\u1ed9 thanh kho\u1ea3n c\u1ee7a th\u1ecb tr\u01b0\u1eddng \u0111\u1ec3 l\u1ef1a ch\u1ecdn volume h\u1ee3p l\u00fd cho giao d\u1ecbch c\u1ee7a m\u00ecnh \u0111\u1ec3 tr\u00e1nh c\u00e1c tr\u01b0\u1eddng h\u1ee3p tr\u01b0\u1ee3t gi\u00e1. Nh\u1eefng \u0111\u1ed3ng coin thanh kho\u1ea3n th\u1ea5p kh\u00f4ng h\u1eb3n l\u00e0 nh\u1eefng \u0111\u1ed3ng coin t\u1ec7, c\u00f3 th\u1ec3 l\u00e0 n\u00f3 ch\u01b0a \u0111\u01b0\u1ee3c nhi\u1ec1u ng\u01b0\u1eddi bi\u1ebft \u0111\u1ebfn v\u00e0 fomo.<\/p>\n\n\n\n
C\u00e1c s\u00e0n giao d\u1ecbch phi t\u1eadp trung c\u0169ng c\u00f3 t\u00ecnh tr\u1ea1ng t\u01b0\u01a1ng t\u1ef1 khi \u0111a s\u1ed1 c\u00e1c pool thanh kho\u1ea3n c\u1ee7a c\u00e1c c\u1eb7p giao d\u1ecbch th\u01b0\u1eddng r\u1ea5t b\u00e9. \u0110a s\u1ed1 c\u00e1c \u0111\u1ed3ng coin tr\u00ean c\u00e1c s\u00e0n phi t\u1eadp trung th\u01b0\u1eddng \u0111\u01b0\u1ee3c cung c\u1ea5p thanh kho\u1ea3n tr\u1ecb gi\u00e1 t\u1eeb 10.000 \u2013 50.000 USD, v\u00ec th\u1ebf khi th\u1ef1c hi\u1ec7n c\u00e1c giao d\u1ecbch gi\u00e1 tr\u1ecb l\u1edbn s\u1ebd ch\u1ecbu \u1ea3nh h\u01b0\u1edfng nhi\u1ec1u t\u1eeb slippage hay tr\u01b0\u1ee3t gi\u00e1.<\/p>\n\n\n\n
![\"\"](\"https:\/\/coinwire.com\/wp-content\/uploads\/2023\/06\/pool-thanh-khoan-lon-tren-pancakeswap-1024x441.png\" "\\"\\"")
<\/figure>\n\n\n\n\u1ea2nh tr\u00ean l\u00e0 m\u1ed9t trong nh\u1eefng pool c\u00f3 thanh kho\u1ea3n l\u1edbn tr\u00ean s\u00e0n giao d\u1ecbch Pancakeswap v\u1edbi h\u01a1n 115.000 USD, c\u00f2n c\u00e1c pool giao d\u1ecbch c\u00f2n l\u1ea1i \u0111a s\u1ed1 c\u00f3 thanh kho\u1ea3n d\u01b0\u1edbi 50.000 USD. \u0110i\u1ec1u n\u00e0y s\u1ebd g\u00e2y ra nh\u1eefng t\u00e1c \u0111\u1ed9ng tr\u01b0\u1ee3t gi\u00e1 l\u1edbn khi giao d\u1ecbch.<\/p>\n\n\n\n
Th\u1ecb tr\u01b0\u1eddng bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh<\/h3>\n\n\n\n
Th\u1ecb tr\u01b0\u1eddng crypto bi\u1ebfn \u0111\u1ed9ng r\u1ea5t m\u1ea1nh, ch\u1ec9 c\u1ea7n trong 1s ng\u1eafn ng\u1ee7i l\u00e0 gi\u00e1 \u0111\u00e3 c\u00f3 s\u1ef1 thay \u0111\u1ed5i t\u01b0\u01a1ng \u0111\u1ed1i. Trong m\u1ed9t th\u1eddi \u0111i\u1ec3m \u1ea3m \u0111\u1ea1m, ch\u00fang ta c\u00f3 th\u1ec3 th\u1ea5y th\u1ecb tr\u01b0\u1eddng c\u0169ng \u0111\u00e3 c\u00f3 nh\u1eefng bi\u1ebfn \u0111\u1ed9ng \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn giao d\u1ecbch c\u1ee7a ch\u00fang ta. T\u1ea1i th\u1eddi \u0111i\u1ec3m ch\u00fang ta \u0111\u1eb7t l\u1ec7nh c\u00f3 th\u1ec3 l\u00e0 m\u1ee9c gi\u00e1 26.789 nh\u01b0ng do th\u1ecb tr\u01b0\u1eddng \u0111i xu\u1ed1ng c\u00f3 th\u1ec3 kh\u1edbp l\u1ec7nh t\u1ea1i m\u1ee9c gi\u00e1 th\u1ea5p h\u01a1n l\u00e0 26.785. <\/p>\n\n\n\n
![\"\"](\"https:\/\/coinwire.com\/wp-content\/uploads\/2023\/06\/thi-truong-bien-dong-manh-1024x502.png\" "\\"\\"")
<\/figure>\n\n\n\nNh\u1eefng nguy\u00ean nh\u00e2n kh\u00e1c g\u00e2y ra tr\u01b0\u1ee3t gi\u00e1<\/h3>\n\n\n\n
Ngo\u00e0i hai nguy\u00ean nh\u00e2n ch\u00ednh tr\u00ean g\u00e2y n\u00ean hi\u1ec7n t\u01b0\u1ee3ng slippage th\u00ec c\u00f2n c\u00f3 m\u1ed9t s\u1ed1 nguy\u00ean nh\u00e2n kh\u00e1c m\u00e0 ng\u01b0\u1eddi d\u00f9ng th\u01b0\u1eddng kh\u00f4ng \u0111\u1ec3 \u00fd \u0111\u1ebfn.<\/p>\n\n\n\n
- \n
- Bi\u00ean \u0111\u1ed9 gi\u00e1 (spread): Spread l\u00e0 s\u1ef1 ch\u1ec7nh l\u1ec7ch gi\u1eefa gi\u00e1 mua v\u00e0 gi\u00e1 b\u00e1n, n\u1ebfu spread r\u1ed9ng th\u00ec tr\u01b0\u1ee3t gi\u00e1 c\u00e0ng cao v\u00e0 ng\u01b0\u1ee3c l\u1ea1i. Spread c\u0169ng th\u1ec3 hi\u1ec7n thanh kho\u1ea3n, th\u00f4ng th\u01b0\u1eddng spread r\u1ed9ng l\u00e0 do thanh kho\u1ea3n k\u00e9m.<\/li>\n\n\n\n
- T\u00ecnh tr\u1ea1ng m\u1ea1ng v\u00e0 x\u1eed l\u00fd giao d\u1ecbch ch\u1eadm: Khi m\u1ea1ng l\u01b0\u1edbi blockchain x\u00e1c minh giao d\u1ecbch ch\u1eadm th\u00ec m\u1ee9c gi\u00e1 th\u1ef1c t\u1ebf v\u00e0 m\u1ee9c gi\u00e1 nh\u1eadn \u0111\u01b0\u1ee3c s\u1ebd kh\u00e1c nhau, tr\u01b0\u1eddng h\u1ee3p n\u00e0y th\u01b0\u1eddng x\u1ea3y ra v\u1edbi c\u00e1c s\u00e0n giao d\u1ecbch phi t\u1eadp trung. C\u00f2n v\u1edbi c\u00e1c s\u00e0n giao d\u1ecbch t\u1eadp trung s\u1ebd th\u01b0\u1eddng g\u1eb7p c\u00e1c tr\u01b0\u1eddng h\u1ee3p m\u1ea1ng c\u00f3 v\u1ea5n \u0111\u1ec1, c\u00e1c giao d\u1ecbch s\u1ebd b\u1ecb ch\u1eadm \u0111i v\u00e0 gi\u00e1 kh\u1edbp giao d\u1ecbch s\u1ebd c\u00f3 bi\u1ebfn \u0111\u1ed9ng, tuy nhi\u00ean tr\u01b0\u1eddng h\u1ee3p n\u00e0y th\u01b0\u1eddng kh\u00f4ng \u1ea3nh h\u01b0\u1edfng nhi\u1ec1u.<\/li>\n<\/ul>\n\n\n\n
<\/span>C\u00e1ch gi\u1ea3m thi\u1ec3u slippage khi giao d\u1ecbch<\/strong><\/span><\/h2>\n\n\n\n
T\u1eeb nguy\u00ean nh\u00e2n g\u00e2y ra c\u00e1c tr\u01b0\u1eddng h\u1ee3p tr\u01b0\u1ee3t gi\u00e1 m\u1ea1nh trong giao d\u1ecbch, ch\u00fang ta c\u00f3 th\u1ec3 \u0111\u01b0a ra m\u1ed9t s\u1ed1 gi\u1ea3i ph\u00e1p cho v\u1ea5n \u0111\u1ec1 slippage trong giao d\u1ecbch.<\/p>\n\n\n\n
S\u1eed d\u1ee5ng l\u1ec7nh Limit thay v\u00ec l\u1ec7nh Market<\/h3>\n\n\n\n
L\u1ec7nh Market l\u00e0 l\u1ec7nh m\u00e0 \u0111a s\u1ed1 c\u00e1c nh\u00e0 giao d\u1ecbch c\u00e1 nh\u00e2n s\u1eed d\u1ee5ng, v\u00ec n\u00f3 kh\u1edbp l\u1ec7nh nhanh. L\u1ec7nh n\u00e0y s\u1ebd cho ph\u00e9p ch\u00fang ta mua\/b\u00e1n \u0111\u1ee7 s\u1ed1 l\u01b0\u1ee3ng ch\u00fang ta y\u00eau c\u1ea7u. Tuy nhi\u00ean trong tr\u01b0\u1eddng h\u1ee3p ch\u00fang ta giao d\u1ecbch v\u1edbi gi\u00e1 tr\u1ecb nhi\u1ec1u h\u01a1n thanh kho\u1ea3n tr\u00ean th\u1ecb tr\u01b0\u1eddng th\u00ec l\u1ec7nh market s\u1ebd r\u1ea5t r\u1ee7i ro khi ch\u00fang ta s\u1ebd ph\u1ea3i mua\/b\u00e1n v\u1edbi m\u1ed9t m\u1ee9c gi\u00e1 thua l\u1ed7 nhi\u1ec1u so v\u1edbi gi\u00e1 hi\u1ec7n t\u1ea1i.<\/p>\n\n\n\n
V\u00ec th\u1ebf, l\u1ec7nh Limit s\u1ebd gi\u00fap ch\u00fang ta gi\u1ea3i quy\u1ebft v\u1ea5n \u0111\u1ec1 tr\u00ean, l\u1ec7nh Limit cho ch\u00fang ta mua\/b\u00e1n \u1edf 1 m\u1ee9c gi\u00e1 duy nh\u1ea5t m\u00e0 ch\u00fang ta l\u1ef1a ch\u1ecdn. M\u1eb7c d\u00f9 lo\u1ea1i l\u1ec7nh n\u00e0y s\u1ebd kh\u00f4ng \u0111\u1ea3m b\u1ea3o t\u1ea5t c\u1ea3 gi\u00e1 tr\u1ecb c\u1ee7a giao d\u1ecbch s\u1ebd \u0111\u01b0\u1ee3c ho\u00e0n t\u1ea5t, tuy nhi\u00ean n\u00f3 s\u1ebd cho ch\u00fang ta giao d\u1ecbch \u1edf m\u1ee9c gi\u00e1 m\u00e0 ch\u00fang ta mong mu\u1ed1n.<\/p>\n\n\n\n
Giao d\u1ecbch tr\u00ean c\u00e1c s\u00e0n giao d\u1ecbch c\u00f3 t\u00ednh thanh kho\u1ea3n cao<\/h3>\n\n\n\n
S\u1ef1 tr\u01b0\u1ee3t gi\u00e1 th\u01b0\u1eddng x\u1ea3y ra \u1edf c\u00e1c s\u00e0n c\u00f3 t\u00ednh kho\u1ea3n th\u1ea5p, v\u00ec th\u1ebf ng\u01b0\u1eddi d\u00f9ng h\u00e3y l\u1ef1a ch\u1ecdn c\u00e1c s\u00e0n giao d\u1ecbch c\u00f3 t\u00ednh thanh kho\u1ea3n cao. Tr\u01b0\u1edbc khi th\u1ef1c hi\u1ec7n giao d\u1ecbch mua\/b\u00e1n m\u1ed9t \u0111\u1ed3ng coin, c\u00e1c nh\u00e0 giao d\u1ecbch c\u00f3 th\u1ec3 ki\u1ec3m tra xem thanh kho\u1ea3n c\u1ee7a \u0111\u1ed3ng coin \u0111\u00f3 \u1edf \u0111\u00e2u \u0111ang cao. \u0110\u1ec3 ki\u1ec3m tra thanh kho\u1ea3n, ch\u00fang ta c\u00f3 th\u1ec3 xem kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch c\u1ee7a c\u1eb7p tr\u00ean Coingecko nh\u01b0 h\u00ecnh d\u01b0\u1edbi.<\/p>\n\n\n\n
![\"\"](\"https:\/\/coinwire.com\/wp-content\/uploads\/2023\/06\/thi-truong-optimism-1024x556.png\" "\\"\\"")
<\/figure>\n\n\n\n
![\"\"](\"https:\/\/coinwire.com\/wp-content\/uploads\/2023\/06\/chi-so-slippage-tren-san-dex-1024x506.png\" "\\"\\"")
<\/figure>\n\n\n\n