diff --git a/src/components/AccountDrawer/AuthenticatedHeader.tsx b/src/components/AccountDrawer/AuthenticatedHeader.tsx
index db9c25f308..a43e7ddefd 100644
--- a/src/components/AccountDrawer/AuthenticatedHeader.tsx
+++ b/src/components/AccountDrawer/AuthenticatedHeader.tsx
@@ -161,7 +161,7 @@ export default function AuthenticatedHeader({ account, openSettings }: { account
   const clearCollectionFilters = useWalletCollections((state) => state.clearCollectionFilters)
   const isClaimAvailable = useIsNftClaimAvailable((state) => state.isClaimAvailable)
   const shouldShowBuyFiatButton = useIsNotOriginCountry('GB')
-  const { formatNumber, formatPercent } = useFormatter()
+  const { formatNumber, formatDelta } = useFormatter()
 
   const shouldDisableNFTRoutes = useDisableNFTRoutes()
 
@@ -284,7 +284,7 @@ export default function AuthenticatedHeader({ account, openSettings }: { account
                     {`${formatNumber({
                       input: Math.abs(absoluteChange as number),
                       type: NumberType.PortfolioBalance,
-                    })} (${formatPercent(percentChange)})`}
+                    })} (${formatDelta(percentChange)})`}
                   </ThemedText.BodySecondary>
                 </>
               )}
diff --git a/src/components/AccountDrawer/MiniPortfolio/Tokens/index.tsx b/src/components/AccountDrawer/MiniPortfolio/Tokens/index.tsx
index 8423b07a5b..e512837d04 100644
--- a/src/components/AccountDrawer/MiniPortfolio/Tokens/index.tsx
+++ b/src/components/AccountDrawer/MiniPortfolio/Tokens/index.tsx
@@ -72,7 +72,7 @@ const TokenNameText = styled(ThemedText.SubHeader)`
 type PortfolioToken = NonNullable<TokenBalance['token']>
 
 function TokenRow({ token, quantity, denominatedValue, tokenProjectMarket }: TokenBalance & { token: PortfolioToken }) {
-  const { formatPercent } = useFormatter()
+  const { formatDelta } = useFormatter()
   const percentChange = tokenProjectMarket?.pricePercentChange?.value ?? 0
 
   const navigate = useNavigate()
@@ -124,7 +124,7 @@ function TokenRow({ token, quantity, denominatedValue, tokenProjectMarket }: Tok
               </ThemedText.SubHeader>
               <Row justify="flex-end">
                 <DeltaArrow delta={percentChange} />
-                <ThemedText.BodySecondary>{formatPercent(percentChange)}</ThemedText.BodySecondary>
+                <ThemedText.BodySecondary>{formatDelta(percentChange)}</ThemedText.BodySecondary>
               </Row>
             </>
           )
diff --git a/src/components/Charts/PriceChart/index.tsx b/src/components/Charts/PriceChart/index.tsx
index a8a72fd3c6..3562328dc8 100644
--- a/src/components/Charts/PriceChart/index.tsx
+++ b/src/components/Charts/PriceChart/index.tsx
@@ -52,11 +52,11 @@ interface ChartDeltaProps {
 
 function ChartDelta({ startingPrice, endingPrice, noColor }: ChartDeltaProps) {
   const delta = calculateDelta(startingPrice.value, endingPrice.value)
-  const { formatPercent } = useFormatter()
+  const { formatDelta } = useFormatter()
 
   return (
     <DeltaContainer>
-      {formatPercent(delta)}
+      {formatDelta(delta)}
       <DeltaArrow delta={delta} noColor={noColor} />
     </DeltaContainer>
   )
diff --git a/src/components/CurrencyInputPanel/FiatValue.tsx b/src/components/CurrencyInputPanel/FiatValue.tsx
index 128d283b48..cf7a3bde54 100644
--- a/src/components/CurrencyInputPanel/FiatValue.tsx
+++ b/src/components/CurrencyInputPanel/FiatValue.tsx
@@ -22,7 +22,7 @@ export function FiatValue({
   fiatValue: { data?: number; isLoading: boolean }
   priceImpact?: Percent
 }) {
-  const { formatNumber, formatPriceImpact } = useFormatter()
+  const { formatNumber, formatPercent } = useFormatter()
 
   const priceImpactColor = useMemo(() => {
     if (!priceImpact) return undefined
@@ -54,7 +54,7 @@ export function FiatValue({
           <MouseoverTooltip
             text={<Trans>The estimated difference between the USD values of input and output amounts.</Trans>}
           >
-            (<Trans>{formatPriceImpact(priceImpact)}</Trans>)
+            (<Trans>{formatPercent(priceImpact.multiply(-1))}</Trans>)
           </MouseoverTooltip>
         </ThemedText.BodySmall>
       )}
diff --git a/src/components/NavBar/SuggestionRow.tsx b/src/components/NavBar/SuggestionRow.tsx
index 61c15f2941..ed581a6f12 100644
--- a/src/components/NavBar/SuggestionRow.tsx
+++ b/src/components/NavBar/SuggestionRow.tsx
@@ -129,7 +129,7 @@ interface TokenRowProps {
 export const TokenRow = ({ token, isHovered, setHoveredIndex, toggleOpen, index, eventProperties }: TokenRowProps) => {
   const addRecentlySearchedAsset = useAddRecentlySearchedAsset()
   const navigate = useNavigate()
-  const { formatFiatPrice, formatPercent } = useFormatter()
+  const { formatFiatPrice, formatDelta } = useFormatter()
 
   const handleClick = useCallback(() => {
     const address = !token.address && token.standard === TokenStandard.Native ? 'NATIVE' : token.address
@@ -194,7 +194,7 @@ export const TokenRow = ({ token, isHovered, setHoveredIndex, toggleOpen, index,
               <DeltaArrow delta={token.market?.pricePercentChange?.value} />
               <ThemedText.BodySmall>
                 <DeltaText delta={token.market?.pricePercentChange?.value}>
-                  {formatPercent(Math.abs(token.market?.pricePercentChange?.value ?? 0))}
+                  {formatDelta(Math.abs(token.market?.pricePercentChange?.value ?? 0))}
                 </DeltaText>
               </ThemedText.BodySmall>
             </PriceChangeContainer>
diff --git a/src/components/Settings/MaxSlippageSettings/index.tsx b/src/components/Settings/MaxSlippageSettings/index.tsx
index f65251befa..e9c8f9786b 100644
--- a/src/components/Settings/MaxSlippageSettings/index.tsx
+++ b/src/components/Settings/MaxSlippageSettings/index.tsx
@@ -38,23 +38,23 @@ const NUMBER_WITH_MAX_TWO_DECIMAL_PLACES = /^(?:\d*\.\d{0,2}|\d+)$/
 const MINIMUM_RECOMMENDED_SLIPPAGE = new Percent(5, 10_000)
 const MAXIMUM_RECOMMENDED_SLIPPAGE = new Percent(1, 100)
 
-function useFormatSlippageInput() {
-  const { formatSlippage } = useFormatter()
+function useFormatPercentInput() {
+  const { formatPercent } = useFormatter()
 
-  return (slippage: Percent) => formatSlippage(slippage).slice(0, -1) // remove % sign
+  return (slippage: Percent) => formatPercent(slippage).slice(0, -1) // remove % sign
 }
 
 export default function MaxSlippageSettings({ autoSlippage }: { autoSlippage: Percent }) {
   const [userSlippageTolerance, setUserSlippageTolerance] = useUserSlippageTolerance()
-  const { formatSlippage } = useFormatter()
-  const formatSlippageInput = useFormatSlippageInput()
+  const { formatPercent } = useFormatter()
+  const formatPercentInput = useFormatPercentInput()
 
   // In order to trigger `custom` mode, we need to set `userSlippageTolerance` to a value that is not `auto`.
   // To do so, we use `autoSlippage` value. However, since users are likely to change that value,
   // we render it as a placeholder instead of a value.
   const defaultSlippageInputValue =
     userSlippageTolerance !== SlippageTolerance.Auto && !userSlippageTolerance.equalTo(autoSlippage)
-      ? formatSlippageInput(userSlippageTolerance)
+      ? formatPercentInput(userSlippageTolerance)
       : ''
 
   // If user has previously entered a custom slippage, we want to show that value in the input field
@@ -124,7 +124,7 @@ export default function MaxSlippageSettings({ autoSlippage }: { autoSlippage: Pe
           {userSlippageTolerance === SlippageTolerance.Auto ? (
             <Trans>Auto</Trans>
           ) : (
-            formatSlippage(userSlippageTolerance)
+            formatPercent(userSlippageTolerance)
           )}
         </ThemedText.BodyPrimary>
       }
@@ -158,7 +158,7 @@ export default function MaxSlippageSettings({ autoSlippage }: { autoSlippage: Pe
         <InputContainer gap="md" error={!!slippageError}>
           <Input
             data-testid="slippage-input"
-            placeholder={formatSlippageInput(autoSlippage)}
+            placeholder={formatPercentInput(autoSlippage)}
             value={slippageInput}
             onChange={(e) => parseSlippageInput(e.target.value)}
             onBlur={() => {
@@ -176,7 +176,7 @@ export default function MaxSlippageSettings({ autoSlippage }: { autoSlippage: Pe
           <ThemedText.BodySmall color="deprecated_accentWarning">
             {tooLow ? (
               <Trans>
-                Slippage below {formatSlippage(MINIMUM_RECOMMENDED_SLIPPAGE)} may result in a failed transaction
+                Slippage below {formatPercent(MINIMUM_RECOMMENDED_SLIPPAGE)} may result in a failed transaction
               </Trans>
             ) : (
               <Trans>Your transaction may be frontrun and result in an unfavorable trade.</Trans>
diff --git a/src/components/Settings/MenuButton/index.tsx b/src/components/Settings/MenuButton/index.tsx
index 4a7a4c1726..f4b49eedaa 100644
--- a/src/components/Settings/MenuButton/index.tsx
+++ b/src/components/Settings/MenuButton/index.tsx
@@ -49,7 +49,7 @@ const IconContainerWithSlippage = styled(IconContainer)<{ displayWarning?: boole
 
 const ButtonContent = ({ trade }: { trade?: InterfaceTrade }) => {
   const [userSlippageTolerance] = useUserSlippageTolerance()
-  const { formatSlippage } = useFormatter()
+  const { formatPercent } = useFormatter()
 
   if (userSlippageTolerance === SlippageTolerance.Auto || isUniswapXTrade(trade)) {
     return (
@@ -64,7 +64,7 @@ const ButtonContent = ({ trade }: { trade?: InterfaceTrade }) => {
   return (
     <IconContainerWithSlippage data-testid="settings-icon-with-slippage" gap="sm" displayWarning={isInvalidSlippage}>
       <ThemedText.BodySmall>
-        <Trans>{formatSlippage(userSlippageTolerance)} slippage</Trans>
+        <Trans>{formatPercent(userSlippageTolerance)} slippage</Trans>
       </ThemedText.BodySmall>
       <Icon />
     </IconContainerWithSlippage>
diff --git a/src/components/Tokens/TokenTable/TokenRow.tsx b/src/components/Tokens/TokenTable/TokenRow.tsx
index ee33e7b7b8..e7e80feff9 100644
--- a/src/components/Tokens/TokenTable/TokenRow.tsx
+++ b/src/components/Tokens/TokenTable/TokenRow.tsx
@@ -442,7 +442,7 @@ interface LoadedRowProps {
 
 /* Loaded State: row component with token information */
 export const LoadedRow = forwardRef((props: LoadedRowProps, ref: ForwardedRef<HTMLDivElement>) => {
-  const { formatFiatPrice, formatNumber, formatPercent } = useFormatter()
+  const { formatFiatPrice, formatNumber, formatDelta } = useFormatter()
 
   const { tokenListIndex, tokenListLength, token, sortRank } = props
   const filterString = useAtomValue(filterStringAtom)
@@ -451,7 +451,7 @@ export const LoadedRow = forwardRef((props: LoadedRowProps, ref: ForwardedRef<HT
   const chainId = supportedChainIdFromGQLChain(filterNetwork)
   const timePeriod = useAtomValue(filterTimeAtom)
   const delta = token.market?.pricePercentChange?.value
-  const formattedDelta = formatPercent(delta)
+  const formattedDelta = formatDelta(delta)
 
   const exploreTokenSelectedEventProperties = {
     chain_id: chainId,
diff --git a/src/components/swap/PriceImpactModal.tsx b/src/components/swap/PriceImpactModal.tsx
index c164f9e8d3..d517b7d615 100644
--- a/src/components/swap/PriceImpactModal.tsx
+++ b/src/components/swap/PriceImpactModal.tsx
@@ -37,7 +37,7 @@ interface PriceImpactModalProps {
 }
 
 export default function PriceImpactModal({ priceImpact, onDismiss, onContinue }: PriceImpactModalProps) {
-  const { formatPriceImpact } = useFormatter()
+  const { formatPercent } = useFormatter()
 
   return (
     <Modal isOpen onDismiss={onDismiss}>
@@ -56,7 +56,7 @@ export default function PriceImpactModal({ priceImpact, onDismiss, onContinue }:
             <Trans>
               This transaction will result in a{' '}
               <ThemedText.BodyPrimary lineHeight="24px" color="critical" display="inline">
-                {formatPriceImpact(priceImpact)}
+                ~{formatPercent(priceImpact)}
               </ThemedText.BodyPrimary>{' '}
               price impact on the market price of this pool. Do you wish to continue?
             </Trans>
diff --git a/src/components/swap/PriceImpactWarning.tsx b/src/components/swap/PriceImpactWarning.tsx
index 1cfb2e03a1..26fd2f5fb0 100644
--- a/src/components/swap/PriceImpactWarning.tsx
+++ b/src/components/swap/PriceImpactWarning.tsx
@@ -20,7 +20,7 @@ interface PriceImpactWarningProps {
 }
 
 export default function PriceImpactWarning({ priceImpact }: PriceImpactWarningProps) {
-  const { formatPriceImpact } = useFormatter()
+  const { formatPercent } = useFormatter()
   const theme = useTheme()
 
   return (
@@ -41,7 +41,7 @@ export default function PriceImpactWarning({ priceImpact }: PriceImpactWarningPr
               </ThemedText.DeprecatedSubHeader>
             </RowFixed>
             <ThemedText.DeprecatedLabel textAlign="right" fontSize={14} color="critical">
-              {formatPriceImpact(priceImpact)}
+              ~{formatPercent(priceImpact)}
             </ThemedText.DeprecatedLabel>
           </RowBetween>
         </MouseoverTooltip>
diff --git a/src/components/swap/SwapLineItem.tsx b/src/components/swap/SwapLineItem.tsx
index 92bf5397fc..d3f7571fe3 100644
--- a/src/components/swap/SwapLineItem.tsx
+++ b/src/components/swap/SwapLineItem.tsx
@@ -103,9 +103,10 @@ function Loading({ width = 50 }: { width?: number }) {
   return <LoadingRow data-testid="loading-row" height={15} width={width} />
 }
 
-function ColoredPercentRow({ percent }: { percent: Percent }) {
-  const { formatSlippage } = useFormatter()
-  return <ColorWrapper textColor={getPriceImpactColor(percent)}>{formatSlippage(percent)}</ColorWrapper>
+function ColoredPercentRow({ percent, estimate }: { percent: Percent; estimate?: boolean }) {
+  const { formatPercent } = useFormatter()
+  const formattedPercent = (estimate ? '~' : '') + formatPercent(percent)
+  return <ColorWrapper textColor={getPriceImpactColor(percent)}>{formattedPercent}</ColorWrapper>
 }
 
 function CurrencyAmountRow({ amount }: { amount: CurrencyAmount<Currency> }) {
@@ -136,7 +137,7 @@ type LineItemData = {
 
 function useLineItem(props: SwapLineItemProps): LineItemData | undefined {
   const { trade, syncing, allowedSlippage, type } = props
-  const { formatNumber, formatSlippage } = useFormatter()
+  const { formatNumber, formatPercent } = useFormatter()
   const isAutoSlippage = useUserSlippageTolerance()[0] === SlippageTolerance.Auto
   const feesEnabled = useFeesEnabled()
 
@@ -179,7 +180,7 @@ function useLineItem(props: SwapLineItemProps): LineItemData | undefined {
       return {
         Label: () => <Trans>Price impact</Trans>,
         TooltipBody: () => <Trans>The impact your trade has on the market price of this pool.</Trans>,
-        Value: () => (isPreview ? <Loading /> : <ColoredPercentRow percent={trade.priceImpact} />),
+        Value: () => (isPreview ? <Loading /> : <ColoredPercentRow percent={trade.priceImpact} estimate />),
       }
     case SwapLineItemType.MAX_SLIPPAGE:
       return {
@@ -187,7 +188,7 @@ function useLineItem(props: SwapLineItemProps): LineItemData | undefined {
         TooltipBody: () => <MaxSlippageTooltip {...props} />,
         Value: () => (
           <Row gap="8px">
-            {isAutoSlippage && <AutoBadge />} {formatSlippage(allowedSlippage)}
+            {isAutoSlippage && <AutoBadge />} {formatPercent(allowedSlippage)}
           </Row>
         ),
       }
@@ -197,7 +198,7 @@ function useLineItem(props: SwapLineItemProps): LineItemData | undefined {
       return {
         Label: () => (
           <>
-            <Trans>Fee</Trans> {trade.swapFee && `(${formatSlippage(trade.swapFee.percent)})`}
+            <Trans>Fee</Trans> {trade.swapFee && `(${formatPercent(trade.swapFee.percent)})`}
           </>
         ),
         TooltipBody: () => <SwapFeeTooltipContent hasFee={Boolean(trade.swapFee)} />,
diff --git a/src/components/swap/SwapRoute.tsx b/src/components/swap/SwapRoute.tsx
index 9fbebb663b..38825bf8d7 100644
--- a/src/components/swap/SwapRoute.tsx
+++ b/src/components/swap/SwapRoute.tsx
@@ -32,12 +32,12 @@ function RouteLabel({ trade }: { trade: SubmittableTrade }) {
 }
 
 function PriceImpactRow({ trade }: { trade: ClassicTrade }) {
-  const { formatPriceImpact } = useFormatter()
+  const { formatPercent } = useFormatter()
   return (
     <ThemedText.BodySmall color="neutral2">
       <RowBetween>
         <Trans>Price Impact</Trans>
-        <div>{formatPriceImpact(trade.priceImpact)}</div>
+        <div>{formatPercent(trade.priceImpact)}</div>
       </RowBetween>
     </ThemedText.BodySmall>
   )
diff --git a/src/components/swap/__snapshots__/SwapDetailsDropdown.test.tsx.snap b/src/components/swap/__snapshots__/SwapDetailsDropdown.test.tsx.snap
index eeedc6b508..19dea1fe1f 100644
--- a/src/components/swap/__snapshots__/SwapDetailsDropdown.test.tsx.snap
+++ b/src/components/swap/__snapshots__/SwapDetailsDropdown.test.tsx.snap
@@ -347,7 +347,7 @@ exports[`SwapDetailsDropdown.tsx renders a trade 1`] = `
                     <span
                       class=""
                     >
-                      -105566.373%
+                      ~-105566.373%
                     </span>
                   </div>
                 </div>
diff --git a/src/components/swap/__snapshots__/SwapLineItem.test.tsx.snap b/src/components/swap/__snapshots__/SwapLineItem.test.tsx.snap
index cc60fbf351..0ac8eae691 100644
--- a/src/components/swap/__snapshots__/SwapLineItem.test.tsx.snap
+++ b/src/components/swap/__snapshots__/SwapLineItem.test.tsx.snap
@@ -1661,7 +1661,7 @@ exports[`SwapLineItem.tsx exact input 1`] = `
             <span
               class=""
             >
-              -105566.373%
+              ~-105566.373%
             </span>
           </div>
         </div>
@@ -3328,7 +3328,7 @@ exports[`SwapLineItem.tsx exact input api 1`] = `
             <span
               class=""
             >
-              -105566.373%
+              ~-105566.373%
             </span>
           </div>
         </div>
@@ -4995,7 +4995,7 @@ exports[`SwapLineItem.tsx exact output 1`] = `
             <span
               class=""
             >
-              -105566.373%
+              ~-105566.373%
             </span>
           </div>
         </div>
@@ -6870,7 +6870,7 @@ exports[`SwapLineItem.tsx fee on buy 1`] = `
             <span
               class=""
             >
-              -105566.373%
+              ~-105566.373%
             </span>
           </div>
         </div>
@@ -8745,7 +8745,7 @@ exports[`SwapLineItem.tsx fee on sell 1`] = `
             <span
               class=""
             >
-              -105566.373%
+              ~-105566.373%
             </span>
           </div>
         </div>
diff --git a/src/components/swap/__snapshots__/SwapModalFooter.test.tsx.snap b/src/components/swap/__snapshots__/SwapModalFooter.test.tsx.snap
index 3fff80cb44..922a085afd 100644
--- a/src/components/swap/__snapshots__/SwapModalFooter.test.tsx.snap
+++ b/src/components/swap/__snapshots__/SwapModalFooter.test.tsx.snap
@@ -287,7 +287,7 @@ exports[`SwapModalFooter.tsx matches base snapshot, test trade exact input 1`] =
                     <span
                       class=""
                     >
-                      -105566.373%
+                      ~-105566.373%
                     </span>
                   </div>
                 </div>
diff --git a/src/pages/PoolDetails/PoolDetailsStats.tsx b/src/pages/PoolDetails/PoolDetailsStats.tsx
index a72ebf15a2..cbf58f9c5a 100644
--- a/src/pages/PoolDetails/PoolDetailsStats.tsx
+++ b/src/pages/PoolDetails/PoolDetailsStats.tsx
@@ -204,7 +204,7 @@ const StatItemText = styled(Text)`
 `
 
 function StatItem({ title, value, delta }: { title: ReactNode; value: number; delta?: number }) {
-  const { formatNumber, formatPercent } = useFormatter()
+  const { formatNumber, formatDelta } = useFormatter()
 
   return (
     <StatItemColumn>
@@ -219,7 +219,7 @@ function StatItem({ title, value, delta }: { title: ReactNode; value: number; de
         {!!delta && (
           <Row width="max-content" padding="4px 0px">
             <DeltaArrow delta={delta} />
-            <ThemedText.BodySecondary>{formatPercent(delta)}</ThemedText.BodySecondary>
+            <ThemedText.BodySecondary>{formatDelta(delta)}</ThemedText.BodySecondary>
           </Row>
         )}
       </StatsTextContainer>
diff --git a/src/utils/formatNumbers.test.ts b/src/utils/formatNumbers.test.ts
index ed281d0a22..e36003ac00 100644
--- a/src/utils/formatNumbers.test.ts
+++ b/src/utils/formatNumbers.test.ts
@@ -356,71 +356,37 @@ describe('formatUSDPrice', () => {
   })
 })
 
-describe('formatPriceImpact', () => {
+describe('formatPercent', () => {
   beforeEach(() => {
     mocked(useLocalCurrencyConversionRate).mockReturnValue({ data: 1.0, isLoading: false })
     mocked(useCurrencyConversionFlagEnabled).mockReturnValue(true)
   })
 
   it('should correctly format undefined', () => {
-    const { formatPriceImpact } = renderHook(() => useFormatter()).result.current
+    const { formatPercent } = renderHook(() => useFormatter()).result.current
 
-    expect(formatPriceImpact(undefined)).toBe('-')
-  })
-
-  it('correctly formats a percent with 3 significant digits', () => {
-    const { formatPriceImpact } = renderHook(() => useFormatter()).result.current
-
-    expect(formatPriceImpact(new Percent(-1, 100000))).toBe('0.001%')
-    expect(formatPriceImpact(new Percent(-1, 1000))).toBe('0.100%')
-    expect(formatPriceImpact(new Percent(-1, 100))).toBe('1.000%')
-    expect(formatPriceImpact(new Percent(-1, 10))).toBe('10.000%')
-    expect(formatPriceImpact(new Percent(-1, 1))).toBe('100.000%')
-  })
-
-  it('correctly formats a percent with 3 significant digits with french locale', () => {
-    mocked(useActiveLocale).mockReturnValue('fr-FR')
-    const { formatPriceImpact } = renderHook(() => useFormatter()).result.current
-
-    expect(formatPriceImpact(new Percent(-1, 100000))).toBe('0,001%')
-    expect(formatPriceImpact(new Percent(-1, 1000))).toBe('0,100%')
-    expect(formatPriceImpact(new Percent(-1, 100))).toBe('1,000%')
-    expect(formatPriceImpact(new Percent(-1, 10))).toBe('10,000%')
-    expect(formatPriceImpact(new Percent(-1, 1))).toBe('100,000%')
-  })
-})
-
-describe('formatSlippage', () => {
-  beforeEach(() => {
-    mocked(useLocalCurrencyConversionRate).mockReturnValue({ data: 1.0, isLoading: false })
-    mocked(useCurrencyConversionFlagEnabled).mockReturnValue(true)
-  })
-
-  it('should correctly format undefined', () => {
-    const { formatSlippage } = renderHook(() => useFormatter()).result.current
-
-    expect(formatSlippage(undefined)).toBe('-')
+    expect(formatPercent(undefined)).toBe('-')
   })
 
   it('correctly formats a percent with no trailing digits', () => {
-    const { formatSlippage } = renderHook(() => useFormatter()).result.current
+    const { formatPercent } = renderHook(() => useFormatter()).result.current
 
-    expect(formatSlippage(new Percent(1, 100000))).toBe('0.001%')
-    expect(formatSlippage(new Percent(1, 1000))).toBe('0.1%')
-    expect(formatSlippage(new Percent(1, 100))).toBe('1%')
-    expect(formatSlippage(new Percent(1, 10))).toBe('10%')
-    expect(formatSlippage(new Percent(1, 1))).toBe('100%')
+    expect(formatPercent(new Percent(1, 100000))).toBe('0.001%')
+    expect(formatPercent(new Percent(1, 1000))).toBe('0.1%')
+    expect(formatPercent(new Percent(1, 100))).toBe('1%')
+    expect(formatPercent(new Percent(1, 10))).toBe('10%')
+    expect(formatPercent(new Percent(1, 1))).toBe('100%')
   })
 
   it('correctly formats a percent with french locale', () => {
     mocked(useActiveLocale).mockReturnValue('fr-FR')
-    const { formatSlippage } = renderHook(() => useFormatter()).result.current
+    const { formatPercent } = renderHook(() => useFormatter()).result.current
 
-    expect(formatSlippage(new Percent(1, 100000))).toBe('0,001%')
-    expect(formatSlippage(new Percent(1, 1000))).toBe('0,1%')
-    expect(formatSlippage(new Percent(1, 100))).toBe('1%')
-    expect(formatSlippage(new Percent(1, 10))).toBe('10%')
-    expect(formatSlippage(new Percent(1, 1))).toBe('100%')
+    expect(formatPercent(new Percent(1, 100000))).toBe('0,001%')
+    expect(formatPercent(new Percent(1, 1000))).toBe('0,1%')
+    expect(formatPercent(new Percent(1, 100))).toBe('1%')
+    expect(formatPercent(new Percent(1, 10))).toBe('10%')
+    expect(formatPercent(new Percent(1, 1))).toBe('100%')
   })
 })
 
@@ -461,36 +427,36 @@ describe('formatReviewSwapCurrencyAmount', () => {
   })
 })
 
-describe('formatPercent', () => {
+describe('formatDelta', () => {
   beforeEach(() => {
     mocked(useLocalCurrencyConversionRate).mockReturnValue({ data: 1.0, isLoading: false })
     mocked(useCurrencyConversionFlagEnabled).mockReturnValue(true)
   })
 
   it.each([[null], [undefined], [Infinity], [NaN]])('should correctly format %p', (value) => {
-    const { formatPercent } = renderHook(() => useFormatter()).result.current
+    const { formatDelta } = renderHook(() => useFormatter()).result.current
 
-    expect(formatPercent(value)).toBe('-')
+    expect(formatDelta(value)).toBe('-')
   })
 
   it('correctly formats a percent with 2 decimal places', () => {
-    const { formatPercent } = renderHook(() => useFormatter()).result.current
+    const { formatDelta } = renderHook(() => useFormatter()).result.current
 
-    expect(formatPercent(0)).toBe('0.00%')
-    expect(formatPercent(0.1)).toBe('0.10%')
-    expect(formatPercent(1)).toBe('1.00%')
-    expect(formatPercent(10)).toBe('10.00%')
-    expect(formatPercent(100)).toBe('100.00%')
+    expect(formatDelta(0)).toBe('0.00%')
+    expect(formatDelta(0.1)).toBe('0.10%')
+    expect(formatDelta(1)).toBe('1.00%')
+    expect(formatDelta(10)).toBe('10.00%')
+    expect(formatDelta(100)).toBe('100.00%')
   })
 
   it('correctly formats a percent with 2 decimal places in french locale', () => {
     mocked(useActiveLocale).mockReturnValue('fr-FR')
-    const { formatPercent } = renderHook(() => useFormatter()).result.current
+    const { formatDelta } = renderHook(() => useFormatter()).result.current
 
-    expect(formatPercent(0)).toBe('0,00%')
-    expect(formatPercent(0.1)).toBe('0,10%')
-    expect(formatPercent(1)).toBe('1,00%')
-    expect(formatPercent(10)).toBe('10,00%')
-    expect(formatPercent(100)).toBe('100,00%')
+    expect(formatDelta(0)).toBe('0,00%')
+    expect(formatDelta(0.1)).toBe('0,10%')
+    expect(formatDelta(1)).toBe('1,00%')
+    expect(formatDelta(10)).toBe('10,00%')
+    expect(formatDelta(100)).toBe('100,00%')
   })
 })
diff --git a/src/utils/formatNumbers.ts b/src/utils/formatNumbers.ts
index 33644aed42..f3bc8656dc 100644
--- a/src/utils/formatNumbers.ts
+++ b/src/utils/formatNumbers.ts
@@ -466,31 +466,22 @@ function formatCurrencyAmount({
   })
 }
 
-function formatPriceImpact(priceImpact: Percent | undefined, locale: SupportedLocale = DEFAULT_LOCALE): string {
-  if (!priceImpact) return '-'
+function formatPercent(percent: Percent | undefined, locale: SupportedLocale = DEFAULT_LOCALE) {
+  if (!percent) return '-'
 
-  return `${Number(priceImpact.multiply(-1).toFixed(3)).toLocaleString(locale, {
-    minimumFractionDigits: 3,
+  return `${Number(percent.toFixed(3)).toLocaleString(locale, {
     maximumFractionDigits: 3,
     useGrouping: false,
   })}%`
 }
 
-function formatSlippage(slippage: Percent | undefined, locale: SupportedLocale = DEFAULT_LOCALE) {
-  if (!slippage) return '-'
-
-  return `${Number(slippage.toFixed(3)).toLocaleString(locale, {
-    maximumFractionDigits: 3,
-    useGrouping: false,
-  })}%`
-}
-
-function formatPercent(percent: Nullish<number>, locale: SupportedLocale = DEFAULT_LOCALE) {
-  if (percent === null || percent === undefined || percent === Infinity || isNaN(percent)) {
+// Used to format floats representing percent change with fixed decimal places
+function formatDelta(delta: Nullish<number>, locale: SupportedLocale = DEFAULT_LOCALE) {
+  if (delta === null || delta === undefined || delta === Infinity || isNaN(delta)) {
     return '-'
   }
 
-  return `${Number(Math.abs(percent).toFixed(2)).toLocaleString(locale, {
+  return `${Number(Math.abs(delta).toFixed(2)).toLocaleString(locale, {
     minimumFractionDigits: 2,
     maximumFractionDigits: 2,
     useGrouping: false,
@@ -694,21 +685,11 @@ export function useFormatter() {
     [currencyToFormatWith, formatterLocale, localCurrencyConversionRateToFormatWith]
   )
 
-  const formatPriceImpactWithLocales = useCallback(
-    (priceImpact: Percent | undefined) => formatPriceImpact(priceImpact, formatterLocale),
-    [formatterLocale]
-  )
-
   const formatReviewSwapCurrencyAmountWithLocales = useCallback(
     (amount: CurrencyAmount<Currency>) => formatReviewSwapCurrencyAmount(amount, formatterLocale),
     [formatterLocale]
   )
 
-  const formatSlippageWithLocales = useCallback(
-    (slippage: Percent | undefined) => formatSlippage(slippage, formatterLocale),
-    [formatterLocale]
-  )
-
   const formatTickPriceWithLocales = useCallback(
     (options: Omit<FormatTickPriceOptions, LocalesType>) =>
       formatTickPrice({
@@ -742,8 +723,13 @@ export function useFormatter() {
     [currencyToFormatWith, formatterLocale, localCurrencyConversionRateToFormatWith]
   )
 
+  const formatDeltaWithLocales = useCallback(
+    (percent: Nullish<number>) => formatDelta(percent, formatterLocale),
+    [formatterLocale]
+  )
+
   const formatPercentWithLocales = useCallback(
-    (percent: Nullish<number>) => formatPercent(percent, formatterLocale),
+    (percent: Percent | undefined) => formatPercent(percent, formatterLocale),
     [formatterLocale]
   )
 
@@ -753,11 +739,10 @@ export function useFormatter() {
       formatFiatPrice: formatFiatPriceWithLocales,
       formatNumber: formatNumberWithLocales,
       formatNumberOrString: formatNumberOrStringWithLocales,
+      formatDelta: formatDeltaWithLocales,
       formatPercent: formatPercentWithLocales,
       formatPrice: formatPriceWithLocales,
-      formatPriceImpact: formatPriceImpactWithLocales,
       formatReviewSwapCurrencyAmount: formatReviewSwapCurrencyAmountWithLocales,
-      formatSlippage: formatSlippageWithLocales,
       formatTickPrice: formatTickPriceWithLocales,
     }),
     [
@@ -765,11 +750,10 @@ export function useFormatter() {
       formatFiatPriceWithLocales,
       formatNumberOrStringWithLocales,
       formatNumberWithLocales,
+      formatDeltaWithLocales,
       formatPercentWithLocales,
-      formatPriceImpactWithLocales,
       formatPriceWithLocales,
       formatReviewSwapCurrencyAmountWithLocales,
-      formatSlippageWithLocales,
       formatTickPriceWithLocales,
     ]
   )