Zero Slippage

Slippage occurs when the price you receive differs from the price you expected. On AMMs, slippage is a mathematical certainty — every trade moves the bonding curve, making the next unit of the trade worse.

On HyperDex, slippage is structurally impossible. Here is why:

• →The maker quotes an exact amount_out for an exact amount_in
• →This quote is cryptographically signed with the maker's ed25519 key
• →The quote_verifier contract verifies the signature and enforces the exact amounts
• →If the amounts do not match the signed quote, the transaction reverts

The taker receives precisely what was quoted — not a basis point less. The maker absorbs all market risk between quote time and settlement.