Swidge, a term combining 'swap' and 'bridge', enables users to exchange or transfer cryptocurrencies across different blockchains, or perform both actions simultaneously in one seamless process. While designed for efficiency, these transactions can sometimes fail due to a variety of common on-chain and configuration reasons. This guide outlines the primary causes for Swidge transaction failures and provides clear, actionable solutions to help you resolve them.
Common Reasons for Swidge Transaction Failure
Understanding why a transaction fails is the first step toward a successful Swidge. Below are the most frequent issues users encounter.
Slippage Set Too Low
Slippage refers to the difference between the expected price of a token and the price at which the trade is actually executed. It is a normal part of trading in volatile markets. By default, the Swidge interface presets a slippage tolerance percentage based on the token pair you are trading. However, if this value is set too low, your transaction will fail if the token's price changes beyond your specified limit between the moment you submit the transaction and when it is confirmed on the blockchain.
Solution: When configuring your Swidge, manually adjust the slippage tolerance by clicking on the settings widget. For highly volatile tokens, a slightly higher slippage percentage may be necessary for the transaction to succeed. Always be aware of the implications of a higher slippage setting, as it may affect your final received amount.
Insufficient Liquidity in the Pool
A Swidge transaction often relies on the depth of liquidity pools. Some token pairs, especially those involving new or less popular memecoins, may not have a direct liquidity pool. In these cases, your transaction may be routed through multiple intermediate swaps (e.g., swapping Token A for a stablecoin like USDC, and then swapping USDC for Token B). The transaction can fail at any point in this multi-step process if there isn't enough liquidity to facilitate the trade at the quoted price.
Solution: If a transaction fails mid-route, you will typically receive the intermediate assets (like USDC) in your account. You can then explore more strategies for swapping the remaining tokens, perhaps by adjusting the slippage or trying again when liquidity might be better.
High Price Volatility Causing Errors
Extreme price volatility can trigger a pre-transaction error before you even submit the Swidge. The system may provide a warning that the transaction is unlikely to succeed based on the current market movement and your preset slippage. This is a protective measure to prevent a certain failure and the associated gas fee loss.
Solution: To proceed, you will need to manually increase your slippage tolerance within the transaction configuration panel. This adjustment accounts for the wider price swings, giving the transaction a higher chance of success. Ensure you understand that this means you might receive less of the desired token than initially quoted.
Network Congestion and Timeouts
Blockchain networks can become congested during periods of high demand, leading to slower transaction processing times. As a transaction sits in the mempool waiting to be confirmed, the price of the involved tokens can change. If the price moves beyond your slippage tolerance during this waiting period, the transaction will fail upon execution.
Solution: To mitigate this, consider using priority processing options. For instance, on the Solana network, enabling 'Priority Mode' adds a small extra fee to incentivize validators to prioritize your transaction, significantly increasing its chances of swift and successful confirmation.
Frequently Asked Questions
What exactly is slippage in a Swidge?
Slippage is the percentage difference between the expected price of a trade and the actual executed price due to market movement between transaction submission and confirmation. A reasonable slippage setting is crucial for success in volatile markets.
Why would I need to adjust the default slippage setting?
The default setting is a general recommendation. For very stable assets, it might be fine, but for highly volatile tokens like memecoins, the price can change too rapidly for the default setting, necessitating a manual increase to complete your swap or bridge.
I received a pre-transaction error. What does that mean?
This is a predictive error from the interface indicating that, based on live market data and your current settings, the transaction is highly likely to fail. It prevents you from paying a gas fee for a doomed transaction, allowing you to adjust your parameters first.
What happens to my funds if a multi-step Swidge fails halfway?
If a transaction fails during a multi-step process, you will not lose your principal. The protocol is designed so that you will retain any intermediate assets that were successfully swapped up to the point of failure. These will be deposited back into your connected wallet or account.
How can I check if a network is congested before doing a Swidge?
You can use various blockchain explorers for the network you are using (e.g., Solana Explorer, Etherscan for Ethereum). These tools show current transaction volumes and average confirmation times, indicating network congestion.
Are there fees for a failed Swidge transaction?
Yes, you are still responsible for the gas fees incurred for the computational effort required to attempt the transaction on the blockchain, even if it ultimately fails. This is why pre-transaction checks are valuable. To view real-time tools for estimating fees and network health, many platforms provide integrated data.