Market Order
DeFi
Order to execute immediately at the best available price.
A market order buys or sells at the current price. It prioritizes speed over price control, so in thin markets it can cause or suffer large slippage.
Frequently asked questions
When should I use a market order?
When speed matters more than exact price, and the market is liquid enough to avoid large slippage.Why did I get worse fill than expected?
Slippage in thin markets. Check depth and consider a limit order next time.Do DEXes support market orders?
Swaps act like market orders with a slippage limit. Set a tight limit to control execution.