| Term | Definition |
|---|---|
| APY | Annual Percentage Yield. The estimated yearly return on a yield or lending position, before fees. |
| Bonded | A token that has completed its bonding curve and is fully migrated to a decentralized exchange liquidity pool. |
| BEP-20 | The token standard on BNB Chain (similar to ERC-20 on Ethereum). |
| DCA | Dollar Cost Averaging. Buying a fixed amount at regular intervals instead of one lump sum. |
| ERC-20 | The most common token standard on Ethereum and many EVM compatible chains. |
| EVM | Ethereum Virtual Machine. The runtime environment used by Ethereum and many compatible blockchains (Base, Arbitrum, etc.). |
| Graduating / migration | The process where a newly launched token moves from a launchpad bonding curve to a permanent liquidity pool on a DEX. |
| Insider % | The percentage of a token’s supply held by wallets linked to the developer, team or early insiders. High insider % can signal concentration risk. |
| KOL | Key Opinion Leader. A prominent trader, influencer or analyst whose wallet activity others follow. |
| KYC | Know Your Customer. Identity verification required by some regulated products or partners. |
| Liquidation | Forced closure of a leveraged position when collateral falls below the required maintenance margin. |
| MEV | Maximal Extractable Value. Profit extracted by reordering or inserting transactions within a block (e.g. front running). |
| Migration | See Graduating / migration. |
| MPC | Multi Party Computation. A wallet architecture where signing uses distributed key shares instead of one exposed private key. |
| Perps | Perpetual futures contracts. Derivatives with no expiry date that track an asset’s price and support leverage. |
| PnL | Profit and Loss. Realized PnL is locked in from closed trades; unrealized PnL reflects open positions at current prices. |
| Session key | A time or scope limited signing authorization that lets your embedded wallet execute trades within parameters you set, without a popup for every order. |
| Smart money | Wallets with a track record of profitable or early trades, often tracked via Intel. |
| Sniper % | The percentage of supply bought by automated bots in the first seconds after a token launch. High sniper % can indicate bot dominated supply. |
| SPL | Solana Program Library. The token standard on Solana (equivalent to ERC-20 on EVM chains). |
| TVL | Total Value Locked. The total assets deposited in a protocol, vault or liquidity pool. |
Reference
Glossary
Definitions for common terms used across OceanX documentation.
Quick reference for terms used throughout OceanX docs.