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A smart contract-based system that allows users to trade tokens without a traditional order book, using liquidity pools to determine pricing.
A protocol that allows users to transfer assets between different blockchains.
A feature that allows LPs to allocate capital within a specific price range instead of across the entire curve, increasing capital efficiency.
The Full Sail interface section where users can view, manage, and withdraw their active liquidity positions.
Swap fees that adjust in response to changing market conditions such as volume and volatility.
A 7-day cycle during which veSAIL holders submit volume predictions to direct oSAIL emissions. At the start of each new epoch, all previous votes are cleared.
The final price at which a swap is completed.
Liquidity that sits outside the current market price range and does not participate in swaps or earn fees.
A potential loss experienced by LPs when the relative price of tokens in a pool changes after deposit and before withdrawal.
A smart contract holding token pairs used to facilitate trades and price discovery on an AMM.
A user who deposits a pair of tokens into a liquidity pool in order to facilitate swaps and earn a share of trading fees.
A swap that routes through one or more intermediate tokens to complete a trade between two assets.
A measure of how closely a veSAIL holder’s volume prediction matches the actual volume traded in a pool. More accurate predictions result in a higher share of fees.
The interval within which an LP chooses to make their liquidity active.
Default price range configurations offered in the UI, such as Full Range, Wide, Narrow, or Custom.
The algorithmic selection of the most cost-efficient path for executing a swap across available liquidity pools.
The difference between the expected and executed price of a trade, typically caused by price impact and volatility.
The maximum price deviation a user is willing to accept when executing a swap.
A Layer 1 blockchain optimized for low latency and scalability, using the Move programming language.
A smart contract language used on the Sui blockchain that enforces memory safety and formal verification.
A transaction where one token is exchanged for another through a liquidity pool.
Two tokens deposited together into a liquidity pool, enabling trades between them.
The portion of a veSAIL holder’s total voting power assigned to a specific pool. Vote weights influence how oSAIL emissions are distributed across pools each epoch.
A user-submitted estimate of the trading volume for a specific liquidity pool during an epoch. It determines both the emission allocation and the user’s share of trading fees.