Glossary
Memecoin and Robinhood Chain glossary
Short, precise definitions of the terms you'll meet trading memecoins, with links to the guides that go deeper.
B
Bonding curve
A pricing formula that sets a token's price from how many tokens have been bought. Each purchase raises the price along the curve.
Bridge
A service that moves assets between blockchains, for example from Ethereum to Robinhood Chain.
Bundle (bundled buying)
Buying a large share of a new token's supply through many wallets at once, usually by the creator or insiders, so ownership looks more spread out than it is.
Buy/sell tax
A fee built into some token contracts that takes a percentage of every buy or sell. High or changeable taxes can turn a token into a honeypot.
C
Contract address (CA)
The unique on-chain address of a token's smart contract. It's the only reliable way to identify a token, because names and tickers can be copied.
Convergence
When several independent buyers with good track records start buying the same token within a short window.
Copy trading
Automatically mirroring another wallet's trades. In memecoins it carries specific risks, including delay, slippage, and wallets that take advantage of their copiers.
D
E
F
First-come, first-served (FCFS) sequencing
An ordering rule where the sequencer processes transactions in the order they arrive, rather than letting users pay higher fees to jump ahead.
Follower-achievable return
The return someone could realistically have made by acting on a signal or call. That means entering after it was published, with realistic delay, fees and slippage, rather than at the lowest price.
G
H
K
L
Launchpad
A platform that lets anyone create and launch a token, typically with a standard contract and automatic pricing, then moves it to a regular exchange pool once it reaches a threshold.
Layer 2 (L2)
A network that processes transactions separately from a base blockchain such as Ethereum and posts data or proofs back to it, for lower fees and faster confirmation.
Linked wallets (wallet cluster)
Wallets controlled by the same person or group, identified by shared funding, coordinated timing or repeatedly trading together.
Liquidity lock / LP burn
Locking or burning the liquidity-provider (LP) tokens for a token's pool, so the creator can't withdraw the pool's liquidity, at least until any lock expires.
Liquidity pool
A smart contract holding two tokens, such as a memecoin and ETH, that lets people trade between them at a price set by the pool's balances.
M
R
S
Sequencer
The part of a layer-2 network that receives transactions, decides their order and batches them to the base chain.
Slippage
The difference between the price you expect and the price you actually get, caused by your trade moving the price in a thin pool or by the price changing while your trade confirms.
Smart money
Wallets with a consistent record of profitable, early trades. The label is only useful if the record is real, recent and based on returns a follower could actually have captured.
Sniper wallet
A wallet, usually automated, that buys a token in the first seconds after launch, aiming to sell into the demand that follows.