Safe Mode
Bidask Protocol implements a Safe Mode feature that is enabled by default to protect users from excessive price deviations during spot swaps. If a trade would result in a price shift greater than 5%, Safe Mode automatically cancels the transaction to prevent unexpected losses. This 5% cap considers the combined effect of both price impact and price slippage.
Safe Mode helps safeguard traders against highly unfavorable market conditions that could otherwise cause large, sudden losses. While Safe Mode is enabled by default, users have the option to disable it but must accept the increased risks associated with doing so.
This protective mechanism enhances user confidence and security on the platform by preventing trades that deviate excessively from expected prices.