Category

Market Depth and Fills

These words describe how orders interact with market depth and trade execution.

How to recognize this theme

Terms for quotes, liquidity, and execution outcomes.

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.

Bid-Ask Spread

The bid-ask spread is the gap between the highest buy price and the lowest sell price in a market.

Market Depth

Market depth shows how much buy and sell interest exists near the current price.

Limit Order

A limit order only executes at a chosen price or better.

Slippage

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