The target price a stablecoin or wrapped asset is designed to hold.

When perpetual futures trade rich to spot, usually paid by longs via funding.

A futures contract with no expiry. Funding payments keep it near the spot index.

Perpetuals is a market sector used to group crypto assets with similar use or design.

A market that trades event outcomes. Prices are read as implied probabilities.

Prediction Markets is a market sector used to group crypto assets with similar use or design.

When a derivative or listed token trades above a reference spot or net-asset value.

When an ETF or trust trades above the value of its holdings, as GBTC did for years.

How much a trade itself moves the mid price, separate from the standing spread.

A firm that packages custody, leverage, settlement, and OTC for funds so they do not juggle ten exchange logins.

Extra fees to land transactions faster during congestion on Solana or Ethereum.

Privacy is a market sector used to group crypto assets with similar use or design.

Privacy Blockchain is a market sector used to group crypto assets with similar use or design.

Privacy Coins is a market sector used to group crypto assets with similar use or design.

Privacy Infrastructure is a market sector used to group crypto assets with similar use or design.

On-chain exposure to loans or credit funds. Cash flows and defaults still depend on off-chain servicing and legal enforceability.

Evidence about a custodian's reserve assets at a specified time and within a stated scope; it does not alone establish full solvency.

Proof of Stake (PoS) is a market sector used to group crypto assets with similar use or design.

Proof of Work (PoW) is a market sector used to group crypto assets with similar use or design.

A coordinated hype cycle that lifts a thin token so insiders can sell into the rush.

Payment versus payment. Synchronized exchange of two currencies or cash tokens.