Learn · glossary

A plain-language map of Solana culture and mechanics.

Concise, neutral definitions for the words that appear around memecoins, trading, social signals, and onchain activity.

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A

Ape

memecoins

Slang for entering a position quickly, often with limited research.

Ape In

memecoins

To enter a token or trade aggressively and quickly.

ATH

trading

All-time high: the highest recorded price or value.

ATL

trading

All-time low: the lowest recorded price or value.

B

Bonding Curve

memecoins

A formula that sets token price or available liquidity as buying and selling change supply along a launch path.

Bundler

onchain

A wallet or service that groups transactions together, sometimes to coordinate early token activity.

Burn

onchain

The permanent removal of tokens from circulation by sending them to an unrecoverable process or address.

C

CA

onchain

Contract address: the public address identifying a token mint or smart contract.

CT

social

Crypto Twitter: the social-media conversation around crypto markets and communities.

D

Degen

social

A slang term for someone who takes highly speculative, high-risk positions.

Dev Wallet

onchain

A wallet associated with a project's creator or development team.

Diamond Hands

social

Slang for holding through volatility without selling.

Dump

trading

A rapid decrease in price, often caused by concentrated selling.

E

Entry

trading

The point or price at which a participant begins a position.

Exit Liquidity

risk

A critical phrase describing buyers who purchase positions that earlier holders sell; it is often used negatively.

F

FDV

trading

Fully diluted valuation: current price multiplied by the maximum or fully diluted supply.

FOMO

social

Fear of missing out: emotion-driven pressure to enter after attention or price has already increased.

Freeze Authority

risk

The account authorized to freeze token accounts, if that authority has not been revoked.

G

Graduation

memecoins

A launchpad milestone where a token completes its initial curve phase and moves to a broader market or liquidity venue.

H

Holder Distribution

risk

How token supply is spread across wallets and entities.

I

Insider

risk

A participant with non-public or unusually early access to information or allocation.

J

Jeet

social

Slang for someone who sells quickly, often at the first sign of volatility.

Jito

onchain

A Solana infrastructure and block-engine ecosystem associated with validator tooling and MEV-aware transaction flows.

K

KOL

social

Key opinion leader: a person whose public reach can influence attention around a token or narrative.

L

Liquidity

trading

The amount of available market depth that can be traded with limited price impact.

LP

onchain

Liquidity provider, or the pool/liquidity position supplied to facilitate trading.

M

Market Cap

trading

A token's current price multiplied by its circulating supply.

MEV

onchain

Maximal extractable value: value captured by ordering, including, or excluding transactions in a block.

Migration

onchain

The movement of a token, liquidity, or market from one contract or venue to another.

Mint Authority

risk

The account authorized to create additional units of a Solana token, if that authority has not been revoked.

Moon

social

Slang describing an expectation or hope for a very large price increase.

P

Paper Hands

social

Slang for selling quickly under pressure or at an early loss.

PnL

trading

Profit and loss: a measure of realized and/or unrealized performance.

Pump

trading

A rapid increase in attention or price.

R

Rug

risk

A situation where a project or liquidity provider abandons participants and leaves them with losses or an illiquid market.

Rug Pull

risk

A deceptive or failed project exit that removes value or liquidity from participants.

S

Slippage

trading

The difference between an expected execution price and the final execution price.

Smart Money

trading

A label commonly used for wallets with a history of timely or profitable activity; it is not a guarantee of future results.

Sniper

trading

A participant or bot that attempts to buy immediately when a token or liquidity event opens.

T

Top Holders

risk

The wallets with the largest visible token balances.

V

Volume

trading

The amount of an asset traded during a defined period.

W

Wallet Cluster

onchain

A group of wallets suspected to be related based on shared behavior or transaction patterns.

Whale

onchain

A wallet or participant with a large enough position to materially affect liquidity or market activity.