Glossary
Leverage
Leverage means using borrowed money to trade more than you actually have — for example, with 10x leverage and $100, you can open a $1,000 trade, so if the price goes up 1%, you gain 10% ($10), but if it goes down 1%, you lose 10% ($10).
Liquidity
Total value of the token & the solana available for trading in a market
Sniper
A wallet that purchased the token within the first 3 seconds of the token being created
Insider
A wallet that had tokens transferred to them by the creator
Bundler
A wallet that purchased the token within the first 1 second of the token being created
Liquidity Pools
A liquidity pool is a pile of tokens that people trade from, instead of using a traditional order book — it automatically sets prices based on how much of each token is in the pool, like a robot market maker.
Token Tax
A percent of every trade charged by liquidity pools to be paid to the creator of the token
Slippage
Slippage is the maximum percentage of the trade that can be lost due to price volatility. It is a measure of the risk of a trade not completing as expected.
Priority Fee
Priority is the amount of SOL required to complete a transaction. The higher the priority the faster the transaction will be processed. Especially important during times of high congestion.
Bribe Fee
Bribe is the amount of SOL required to complete a transaction. The higher the bribe the faster the transaction will be processed. Especially important during times of high congestion.
Mev Protection
A setting to turn on that reduces the risk of your transactions being front-run
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