Degen Mode: Tread carefully
KyberSwap implemented Degen Mode for our most "advanced" apes. While KyberSwap has consistently iterated upon industry-leading safeguards to enable our users to trade safely, we are aware that some advanced traders might find these protective features inconvenient. As such, switching to Degen Mode allows users to conduct high impact trades without any confirmation prompts nor price impact limits.
By turning on Degen Mode, multiple safeguards will be overridden allowing users to:
- Configure max slippage ≥ 20% and ≤ 50%
- Confirm trades with price impact ≥10%
- Proceed with swaps when price impact is unable to be calculated
How to activate Degen Mode
Advanced traders only
Tread carefully when turning on Degen Mode as slippage and price impact risks are not conservatively capped which could result in significant losses. KyberSwap recommends that users only activate Degen Mode if you are fully aware of the risks of unprotected trades.
Degen Mode can be toggled on via the "Advanced Settings" pop-up covered in the previous section.
Upon toggling the Degen Mode switch, you will be prompted to manually confirm the switch.
As a safety precaution, Degen Mode will be auto-disabled after 30 minutes of being switched on.