Glossary

• CLMM (Concentrated Liquidity Market Maker)

  An AMM design where liquidity providers deploy capital within a chosen price range instead of across the full price curve.

• LST (Liquid Staking Token)

  A token representing a staked position, tradeable and usable in DeFi while the underlying asset keeps earning staking rewards.

• MEV (Maximal Extractable Value)

  Value extracted by reordering, inserting, or excluding transactions within a block, often at the expense of ordinary users.

• Priority Fees

  An optional extra fee paid to increase the odds your transaction is processed quickly during network congestion.

• Restaking

  Using an already-staked asset (or its liquid staking token) as security for additional protocols, earning extra yield for extra risk.

• Slippage

  The difference between a trade's expected price and the price it actually executes at.