Category

Market Data Plumbing

These concepts cover reference pricing, path selection, order handling, and raw tape data.

How to recognize this theme

Words for how quotes and trades are routed through a system.

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.

Price Oracle

A price oracle supplies an external market price for a smart contract or app.

Venue Routing

Venue routing is the process of selecting where an order should be sent for execution.

Order Chunking

Order chunking breaks a larger order into smaller pieces to reduce execution impact.

Trade Tape

Trade tape is the stream or log of executed trades reported by a market venue.