Reference
Glossary
Trading terms used throughout Zipr.
Terms
| Term | Meaning |
|---|---|
| Bonding curve | A launchpad pricing model where the price rises as tokens are bought. When the curve completes, the token migrates to a DEX. |
| Cross / isolated margin | Cross margin shares your account balance across positions; isolated margin limits each position to its own margin. |
| Funding rate | A periodic payment between longs and shorts that keeps a perpetual's price close to the spot price. |
| Leverage | Borrowed exposure that multiplies both gains and losses relative to your margin. |
| Limit order | An order to trade only at a specified price or better. |
| Liquidation | The forced closing of a leveraged position when its margin falls below the maintenance requirement. |
| Mark price | The fair price the exchange uses for PnL and liquidations, based on multiple sources rather than the last trade. |
| MEV | Value extracted by bots that reorder, insert or front-run transactions, for example sandwich attacks. |
| Permit2 | Uniswap's approval contract that lets you grant exact, time-limited token approvals. |
| Price impact | How much your own trade moves the price, based on the liquidity available. |
| Slippage tolerance | The maximum price change you accept between the quote and execution. |
| TWAP | Time-weighted average price: a large order split into smaller ones over a set period. |
| USDC.e | Bridged USDC on Polygon, used as collateral by Polymarket. |