Padre
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  1. GETTING STARTED

Glossary

Term
Definition

Base currency

Currency being traded in a market pair (e.g., in PEPE/WETH, PEPE is the base currency).

Insider

Wallet that traded the token in block 0 (bundle) or received it from another insider.

Liquidity

Total value of base and quote currencies available for trading in a market.

Slippage

Difference between the expected price of a trade and the price at which the trade is executed. Execution price might be higher or lower due to factors like low liquidity or token taxes.

Quote currency

Currency used to trade for the base currency (e.g., in PEPE/WETH, WETH is the quote currency).

Token Tax

% of each trade charged as fee by the token developer.

Tip

SOL paid directly to block builders to prioritize transaction inclusion, often signaling organic (non-botted) volume.

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Last updated 5 months ago

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