π¦Why is my execution price different from what the chart displays?
xPOSITIONs and sPOSITIONs are on-chain leverage tools. It means that 100% of the execution occurs on-chain without involving any centralized market maker or order book. On-chain execution can result in a discrepancy between the oracle-estimated execution price and the actual execution price. Please note that the charts currently displayed on the dapp are CEX charts displayed for informational purposes, rather than oracle-based charts. When opening or closing a position at the market price, the execution may face price impacts and fees at different levels, excluding the protocol fees:
Swapping the collateral with USDC - For instance, WBTC's main liquidity pool with USDC charges a 0.3% swap fee on Uniswap.
Swapping USDC with fxUSD - The fees here are minimal; however, depending on the current liquidity and the trade size, a small price impact may occur.
The size of your position increases the effect.
To mitigate this:
Mind the slippage setting before interacting with the protocol
Upcoming limit orders should deliver a perfect execution
We are progressively integrating dex aggregators API to deliver better execution prices
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