TWAP
TWAP stands for time-weighted average price, a benchmark used to spread execution over time.
Category
Execution Timing
These words describe how execution is timed, compared, and affected by market movement.
How to recognize this theme
Terms used when orders are sliced and measured against the market.
In a daily board, this category groups terms by their shared role. Look for four cards that describe the same mechanism, risk area, or workflow rather than four words that merely sound similar.
Educational context
These entries are vocabulary notes for learning. They are not project endorsements, token recommendations, exchange rankings, or trading signals.
VWAP
VWAP stands for volume-weighted average price, a benchmark weighted by traded volume.
Bid-Ask Spread
The bid-ask spread is the gap between the best bid and best ask in a market.
Price Impact
Price impact is the amount a trade moves the market price as it is executed.