Slippage
The difference between the price you expected on a trade and the price it actually filled at.
Read definitionGlossary
Crypto trading,
in plain English.
Short, honest definitions for the terms you'll meet trading meme coins — slippage, liquidity, MEV, drawdown, and the rest. Written for traders, not advertisers.
Liquidity pool
A smart-contract-held reserve of two tokens that traders swap against on a decentralized exchange.
Read definitionMEV
Maximum Extractable Value — profit that can be captured by reordering, inserting, or censoring transactions in a block.
Read definitionOrder flow
The real-time stream of buy and sell orders hitting a market.
Read definitionDrawdown
The peak-to-trough decline in a trading account's value before a new peak is reached.
Read definitionDEX
Decentralized Exchange — a smart-contract trading venue, no central order book or custodian.
Read definitionAMM
Automated Market Maker — a smart-contract pricing function that quotes prices from a liquidity pool.
Read definitionMeme coin
A cryptocurrency whose value is driven primarily by community attention and cultural momentum rather than cash flows or protocol utility.
Read definitionWin rate
The percentage of trades that close with a positive outcome.
Read definitionRisk ceiling
The maximum exposure a trader allows per trade, per position, or per session.
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