Glossary

Term	Definition
Leverage	Leverage means using borrowed money to trade more than you actually have – for example, with 10x leverage and $100, you can open a $1,000 trade, so if the price goes up 1%, you gain 10% ($10), but if it goes down 1%, you lose 10% ($10).
Liquidity	Total value of the token & Solana available for trading in a market.
Sniper	A wallet that purchased the token within the first 3 seconds of the token being created.
Insider	A wallet that had tokens transferred to them by the creator.
Bundler	A wallet that purchased the token within the first second of the token being created.
Liquidity Pools	A liquidity pool is a pile of tokens that people trade from, instead of using a traditional order book – it automatically sets prices based on how much of each token is in the pool, like a robot market maker.
Token Tax	A percent of every trade charged by liquidity pools to be paid to the creator of the token.
Slippage	Slippage is the maximum percentage of the trade that can be lost due to price volatility. It is a measure of the risk of a trade not completing as expected.
Priority Fee	Priority is the amount of SOL required to complete a transaction. The higher the priority the faster the transaction will be processed. Especially important during times of high congestion.
Bribe Fee	Bribe is the amount of SOL required to complete a transaction. The higher the bribe the faster the transaction will be processed. Especially important during times of high congestion.
Mev Protection	A setting to turn on that reduces the risk of your transactions being front-run.