Key Terminology

Liquidity

The ease with which a token can be bought or sold without causing significant price movement. Higher liquidity generally means more stable prices and easier trading.

Burning Tokens

The process of permanently removing tokens from circulation by sending them to an inaccessible address. This reduces supply and potentially increases the value of remaining tokens.

TOP Holdings

The largest token positions held by a wallet address, are often used to identify significant investors or "whales" in a particular project.

Mint Renunciation

When a project's team gives up the ability to create new tokens, often done to build trust by ensuring no unexpected inflation of token supply.

Liquidity Pool

A collection of funds locked in a smart contract that facilitates trading by providing liquidity for token swaps.

Market Cap

The total value of all tokens in circulation is calculated by multiplying the current price by the circulating supply.

Slippage

The difference between the expected price of a trade and the price at which the trade is executed often occurs in markets with low liquidity.