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Reference guide for trading terminology.Understanding these concepts will help you use the Trading Terminal effectively.
The total value of a token’s supply. Calculated as: Price × Total Supply. Used to gauge a token’s size relative to others.
The amount of funds available in a token’s trading pools. Higher liquidity means you can buy or sell larger amounts without significantly moving the price.
The difference between the expected price and the actual execution price. Occurs because prices can change between when you submit a trade and when it confirms.
An order that executes immediately at the best available price. Prioritizes speed over price precision.
An order that only executes when price reaches your specified level. Waits for your target price.
A sell order placed above current price to automatically lock in gains when your target is reached.
A sell order placed below current price to automatically exit if price drops to limit your losses.
Profit extracted by reordering blockchain transactions. Sandwich attacks are a common form where attackers front-run and back-run trades.
Fee paid to validators to process your transaction. Higher fees typically result in faster confirmation.
A trading platform that operates without a central authority, using smart contracts to facilitate trades.
The gain or loss on a position. Calculated as current value minus your purchase cost.