Why our price sometimes looks lower — and why that is the honest one
BlazePhoenix Engineering · updated 2026-07-28 · 4 min · written from the deployed bytecode
By Mitra (@Sigmacrit) — anonymous developer of the BlazePhoenix protocol. The code is the résumé.
Abstract in 15 languages · resumo · resumen · 摘要 · 要旨 · ملخص
English — Other apps show a hopeful price and quietly allow 2.5–5% slippage, so you often get less. We show the real block price at tiny slippage — and admit the one case (Curve stablecoin pools) where we are still behind.
Português — Outras apps mostram um preço otimista e permitem 2,5–5% de slippage em silêncio, por isso recebes menos. Nós mostramos o preço real do bloco com slippage mínima — e admitimos o único caso (pools de stablecoins na Curve) onde ainda estamos atrás.
Español — Otras apps muestran un precio esperanzador y permiten 2,5–5% de slippage en silencio, así que recibes menos. Mostramos el precio real del bloque con slippage mínima — y admitimos el único caso (pools de stablecoins en Curve) donde aún vamos por detrás.
Français — D’autres apps affichent un prix optimiste et autorisent en silence 2,5–5% de slippage, donc vous recevez moins. Nous montrons le vrai prix du bloc avec un slippage minime — et admettons le seul cas (pools de stablecoins sur Curve) où nous sommes encore derrière.
Deutsch — Andere Apps zeigen einen hoffnungsvollen Preis und erlauben still 2,5–5% Slippage, also bekommst du weniger. Wir zeigen den echten Blockpreis mit winzigem Slippage — und geben den einen Fall zu (Stablecoin-Pools auf Curve), wo wir noch hinterherhinken.
Русский — Другие приложения показывают обнадёживающую цену и молча допускают 2,5–5% проскальзывания, поэтому вы получаете меньше. Мы показываем реальную цену блока с крошечным проскальзыванием — и признаём единственный случай (пулы стейблкоинов на Curve), где мы пока отстаём.
Türkçe — Diğer uygulamalar umut veren bir fiyat gösterip sessizce %2,5–5 kaymaya izin verir, bu yüzden daha az alırsınız. Biz gerçek blok fiyatını çok küçük kaymayla gösteririz — ve geride olduğumuz tek durumu (Curve’deki stablecoin havuzları) kabul ederiz.
العربية — تطبيقات أخرى تعرض سعرًا متفائلًا وتسمح بصمت بانزلاق 2.5–5%، فتحصل على أقل. نعرض سعر الكتلة الحقيقي بانزلاق ضئيل — ونعترف بالحالة الوحيدة (مجمّعات العملات المستقرة على Curve) التي ما زلنا متأخرين فيها.
हिन्दी — दूसरी ऐप्स एक आशावादी भाव दिखाती हैं और चुपचाप 2.5–5% स्लिपेज देती हैं, इसलिए आपको कम मिलता है। हम ब्लॉक का असली भाव बहुत कम स्लिपेज पर दिखाते हैं — और वह एक मामला (Curve के स्टेबलकॉइन पूल) मानते हैं जहाँ हम अब भी पीछे हैं।
日本語 — 他のアプリは希望的な価格を示し、こっそり2.5〜5%のスリッページを許すため、受け取りは少なくなりがち。私たちは本当のブロック価格を極小スリッページで示し — まだ劣る唯一の場合（Curveの安定通貨プール）を認めます。
中文 — 别的应用显示乐观价格并悄悄允许 2.5–5% 滑点，所以你常常拿到更少。我们以极小滑点显示真实的区块价格——并承认唯一落后的情形（Curve 的稳定币池）。
한국어 — 다른 앱은 희망적인 가격을 보여주고 조용히 2.5–5% 슬리피지를 허용해 결국 덜 받습니다. 우리는 진짜 블록 가격을 아주 작은 슬리피지로 보여주며 — 아직 뒤처지는 한 경우(Curve 스테이블코인 풀)를 인정합니다.
Bahasa Indonesia — Aplikasi lain menampilkan harga penuh harap dan diam-diam mengizinkan slippage 2,5–5%, jadi Anda sering dapat lebih sedikit. Kami menampilkan harga blok asli dengan slippage kecil — dan mengakui satu kasus (pool stablecoin di Curve) di mana kami masih tertinggal.
বাংলা — অন্য অ্যাপ আশাবাদী দাম দেখিয়ে চুপচাপ ২.৫–৫% স্লিপেজ দেয়, তাই আপনি প্রায়ই কম পান। আমরা সত্যিকারের ব্লক দাম খুব কম স্লিপেজে দেখাই — আর যে একটিই ক্ষেত্রে এখনো পিছিয়ে (Curve-এর স্টেবলকয়েন পুল) তা স্বীকার করি।
Filipino — Ipinapakita ng ibang app ang maasahing presyo at tahimik na pinapayagan ang 2.5–5% slippage, kaya madalas mas kaunti ang makukuha mo. Ipinapakita namin ang tunay na presyo ng block sa napakaliit na slippage — at inaamin ang isang kaso (mga Curve stablecoin pool) kung saan nahuhuli pa kami.
Imagine two shops. One puts a big, tempting price in the window but, in tiny print, is allowed to charge you up to 5% more at the till. The other shows the exact price you will pay. The window price at the first shop looks better — right up until you pay. Swap apps work the same way, and the prettier number is often the worse deal.
The trick is a thing called slippage: how far the price you actually get is allowed to drift from the price you were shown, while the trade still counts as "worked".
The number you see vs the number you get
Many apps show you an optimistic price and then quietly allow a wide slippage — often 2.5% or 5%. That means your real result can land well below the number that made you click, and nothing tells you it happened; the gap just vanishes into the buffer. The headline looks great; your wallet gets less.
We do it the other way. The price we show is the real price the blockchain will give you at this moment — the same calculation that carries out the trade — and we use a tiny slippage: around 0.2% for well-known and stable coins, about 0.5% for more unusual ones. So the number you see is basically the number you get, and if it comes out better, the extra goes to you.
That is why our price can look a little LOWER than someone else's and still leave you with more: theirs is a hopeful sticker with 5% of wiggle room; ours is the price at the till.
The one time we are honestly behind
We will not pretend we win every time. For some coins — mostly stablecoins — the deepest pool of money sits on a place called Curve, and we do not use Curve yet. For those specific coins our price can be worse than elsewhere, simply because we are not reading that pool. We tell you this instead of hiding it, because a shop that admits where it is cheaper elsewhere is one you can trust on everything else.
So the honest advice: for a plain stablecoin-to-stablecoin swap, compare us against the others and use whoever is genuinely best today — sometimes that is not us, and we will support Curve in time. Everywhere else, the price at the till is the one that matters, and that is the one we show.
Do not trust this page — reproduce it
Every claim above is checkable against the chain. Start here:
compare the price we show with what you actually receive — they match; then try a stablecoin-to-stablecoin swap against another app and see the gap we openly tell you aboutContracts are verified on every chain we deploy to — addresses in the protocol manifest. Deeper formal treatment: the whitepaper (PDF).
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