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Exit friction
Exit friction is Cryptominium's measure of how much of a position's quoted value is lost when it is actually sold into the market. It compares real sell quotes with the reference price, so it captures the spread and price impact: the drop as a sale eats through available buyers.
What it means for you. A screen price times your holding is not what you would receive. Exit friction grows with position size and in thin markets, and Cryptominium's figures are estimates before trading fees and gas, which come on top. A sale that loses 15% or more is shown as only "partly" sellable.
Source: Cryptominium: Methodology & Standards · checked 4 October 2026
Price impact
Price impact is how much your own trade moves the price. On an automated market maker, each unit you buy or sell shifts the pool's balance, so a larger trade gets a worse average price. The more liquidity a pool has, the smaller the impact of a given trade.
What it means for you. Price impact is a cost you cause, separate from fees and from slippage. A high figure on a swap screen means you would sell a meaningful share of the pool and receive much less than the quoted price. Splitting the amount does not remove it if the pool stays thin.
Sources: Uniswap docs: Swaps, Uniswap docs: How Uniswap works · checked 4 October 2026