Reference
Glossary
The words traders and Coinwave use, in plain terms.
- Bonding curve
- A launchpad's contract that sells a new coin at a price set by how much has been bought: each buy raises the price for the next. The coin trades only against the curve until it graduates.
- Graduation
- When a coin's bonding curve fills, it moves to a regular pool, PumpSwap for Pump.fun coins, and trades there from then on.
- Market cap
- The price of one token times the number in circulation. Coinwave sets most targets in market cap: it's easier to read and compare than a price with many zeros.
- Bundle
- Several transactions sent together to land in the same block, in order, all or none. A launch bundle lets your buys land with the create, before anyone else's.
- Snipe
- Buying in the first block or two after a coin is created. Your own snipe step does this on purpose; snipers are outsiders who do it to your coin.
- Wave
- Buys spread out one after another, with a wait between each, so they look like separate buyers arriving.
- Dev wallet
- The wallet that creates the coin. Also called the deployer. Traders watch what it holds and sells.
- Treasury
- Your main wallet, which pays for launches and funds your other wallets.
- Slippage
- How far the price may move between sending a trade and it landing before the trade is refused. Higher slippage fills more often but can fill at a worse price.
- Price impact
- How much your own trade moves the price. Big trades against little liquidity move it a lot.
- Priority fee
- An extra fee paid to have a transaction processed sooner when the network is busy.
- Tip
- A payment to Jito to include a bundle, all or nothing, in one block.
- MEV
- Maximal extractable value: profit others make by seeing your trade before it lands and trading around it, for example buying just before you and selling just after. Sending privately keeps your trades out of view.
- Wallet role
- A label on a coin's page for what a wallet is for: Dev, Holder, MEV or Temporary. Roles group the wallets table and the trade box's chips; they don't change how a wallet trades.
- Funding gap
- The time between one wallet's funding and the next. Wallets funded within minutes of each other can be tied together by trading terminals; 30 minutes or more keeps them apart.
- Platform fee
- Coinwave's own fee on what you buy and sell, set by your 30-day volume, or nothing with Pro.
- Send privately
- Sending a transaction straight to block builders rather than the public queue, so it can't be seen and front-run.
- Liquidity
- What's in a pool or curve to trade against. More liquidity means less price impact.
- Creator fees
- The share of a coin's trading fees Pump.fun pays to its creator, into the dev wallet.
- Burn
- Sending tokens to an address no one controls, so they're gone for good.
- Nuke
- Selling every token in every one of your wallets in a coin, at once.
- Cluster
- Wallets connected by transfers, a shared funder or a shared transaction: often one person's.
- KOL
- Key opinion leader: a well-known trader whose buys others follow.
- DCA
- Dollar-cost averaging: buying or selling a fixed amount at regular intervals instead of all at once.
- Rent
- On Solana, a small deposit held in every account, such as a wallet's account for each token. Closing an empty account returns it.
- Dust
- An amount too small to be worth trading or moving.
- Two-factor (2FA)
- A second proof it's you on top of your sign-in: here a 6-digit code from an authenticator app, or a signature from one of your wallets.
- Task
- Anything running on a coin by itself: an AutoSell or AutoBuy strategy, DCA, or buys held back from the launch.