Solana trading glossary
What is price impact?
Also called: Price impact %
How far your own trade moves the price in the pool, shown as a percentage of the price before the trade.
An AMM pool changes its price as its reserves change. A small buy barely moves a deep pool; the same buy in a shallow pool can move it several percent. The quote you see already includes this, which is why the average price on a large order is worse than the price on the chart.
Price impact is the part of your cost you cause yourself, and it grows faster than trade size. It is different from slippage, which comes from other people's trades landing before yours.
Why it matters before you trade
Check the price impact on the exit as well as the entry. If buying $500 shows a 3% impact, selling after a pump into the same thin pool will cost at least as much. It is the most direct way to turn "liquidity" into a number you can use.
How NAVI shows it
The swap panel on each token's market page shows price impact in its quote details alongside the minimum received and the route. Swaps are routed through Jupiter, which splits an order across Solana pools to reduce impact; for some low-risk tokens NAVI can also compare direct quotes from Raydium, Orca and Meteora and uses one only if it beats Jupiter. The rug check's liquidity figure tells you how deep the pools are before you quote.
Related terms
- SlippageThe gap between the price you were quoted and the price your swap fills at. Slippage tolerance is the most you will accept before the swap fails.
- Liquidity poolA pair of token reserves on a decentralized exchange that traders swap against. Its size decides how much you can buy or sell before the price moves.
- WhaleA holder large enough to move a token's price on its own. What counts as a whale depends on the token: a whale in a small memecoin may be a minnow in SOL.
Last reviewed 2026-09-25. NAVI is informational only and nothing here is financial advice.