Market Cap
Market cap is commonly calculated as asset price multiplied by circulating supply.
Category
Market Structure
These terms describe how liquidity is quoted, ranked, and consumed in live markets.
How to recognize this theme
Trading venue terms you see on exchanges.
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 current buy and sell orders on an exchange.
Bid-Ask Spread
The bid-ask spread is the difference between the highest bid and lowest ask.
Slippage
Slippage is the difference between expected and executed trade price.