Slimes

Slimes are the most common type of monster the player will fight, with a surprisingly high spawn rate during the day. They come in multiple sizes and colors, each of which has different health and damage. Slimes float in water.

All slimes follow basic Slime AI and attack by hopping onto the player. All types drop Gel, which is a vital ingredient in crafting Torches, Lesser Healing Potions and Sticky Bombs.

Drops from slimes are as follows: One Gel(100%), Copper and Silver coins, and for the rare Pinky slime, has a chance to drop a few gold coins.

Slimes spawned on or near the surface are usually neutral and do not chase the player unless provoked or if still on-screen after nightfall. There is currently a bug where a slime will chase the player as if hostile if the slime is in water. Slimes spawned underground are always hostile, however. Green, Blue, Red, Purple and Yellow Slimes usually spawn on or near the surface. Mother Slime, Baby Slime and Black Slime can only be found underground. Pinky may appear anywhere, although rarely.

A new type of slime that was added in the 1.05 patch is the Lava Slime. It spawns only in the Underworld and does not receive damage from lava. It has an orange glow similar to that of the molten armor.

Types of Slimes
Coin drop rates will vary. The values listed represent the total value of coins dropped.