Category

Market Depth

These terms describe order-book conditions and the costs that appear when a trade gets large.

How to recognize this theme

Words that describe how much size a market can absorb.

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.

Order Book

An order book lists outstanding buy and sell orders for a market.

Liquidity

Liquidity is the ease of trading an asset without causing a large price move.

Spread

Spread is the difference between the best available buy and sell prices.

Slippage

Slippage is the gap between an expected price and the price a trade actually gets.