Twenty-nine terms, each defined once in a paragraph you can quote, with one live example read from the chain and a link to the page that explains it. Every term linked anywhere on Locksley resolves here; what Robinhood Chain is is where to start.
Four do more work than the rest, because the site is denominated in them. A liquidity lock is a contract holding a pool position to a date. The quote asset is the side a seller is paid from, which is why escrow is stated in it rather than in total pool value. Concentrated liquidity is why a position's contents change while the lock sits untouched. And fully diluted value replaces market capitalisation here, because circulating supply cannot be read from a blockchain.
Definitions are dated and versioned. Browse every token on the chain to see them in use, how to read a token page for where each appears, or lock liquidity through Team Finance, our sister product.
All 29 terms
- Airdrop
- An airdrop is a free token distribution sent to a list of wallet addresses.
- Bonding curve
- A bonding curve prices a token by formula, rising with each buy and falling with each sell.
- Bridging
- Bridging moves assets from one blockchain to another: the bridge holds or burns them on one side and releases the matching amount on the other.
- Concentrated liquidity
- Concentrated liquidity puts funds inside a chosen price range instead of across all prices.
- Deployer wallet
- A deployer wallet is the address that created a token's contract.
- DEX
- A DEX swaps tokens straight from your wallet through pool contracts, with no account and no custodian.
- Fair launch
- A fair launch has no presale and no reserved allocation: everyone buys from the same pool at the same time.
- Fully diluted value (FDV)
- FDV is total supply times price.
- Gas
- Gas is the fee a network charges to execute your transaction.
- Graduation
- Graduation is when a launchpad token's bonding curve fills and its liquidity moves into an open DEX pool.
- Holder concentration
- Holder concentration is how much of a token's supply sits in its largest wallets.
- Honeypot token
- A honeypot token lets you buy but blocks selling, using contract logic rather than market conditions.
- Layer 2
- A layer 2 executes transactions on its own network and settles them to Ethereum, keeping fees low.
- Liquidity lock
- A liquidity lock holds a pool position until a set release date, so it cannot be withdrawn early.
- Liquidity pool
- A liquidity pool is a contract holding two tokens that traders swap between.
- LP burn
- An LP burn sends a liquidity pool position to a dead address, so it can never be withdrawn.
- Market cap vs liquidity
- Market cap is price times circulating supply.
- Mint function
- A mint function is contract code that creates new token supply after launch.
- Non-custodial
- Non-custodial means you hold the keys to your own assets and no company can move, freeze or restore them.
- Price impact
- Price impact is how far your own trade moves a token's price, set by your order size against pool depth.
- Quote asset
- A quote asset is the token a pool prices the other against, and the side a seller is paid from.
- Rug pull
- A rug pull is when a token's insiders take the value out and leave holders unable to exit.
- Slippage
- Slippage is the gap between the price you were quoted and the price your trade filled at, caused by other transactions landing before yours.
- Staking pool
- A staking pool pays holders rewards from a budget the project funds itself.
- Stock token
- A stock token is an on-chain token that tracks a listed equity's price and trades from a wallet.
- Token approvals
- A token approval is permission you give a contract to spend a token from your wallet.
- Token vesting
- Token vesting releases an allocation on a contract-enforced schedule instead of all at once.
- TVL
- TVL is the value of assets held inside a chain's contracts right now.
- Unlock cliff
- An unlock cliff releases a whole tranche of locked or vested tokens on one date, not gradually.
Frequently asked questions
Why define terms the rest of crypto already uses?
Because several are used loosely enough to mislead. "Locked liquidity" names at least three different arrangements, and a definition covering all three is useless for deciding anything. Each entry states which reading Locksley uses, what it can be gamed by, and when that reading was last revised.
What is Robinhood Chain?
Robinhood Chain is an Ethereum layer-2 network, chain ID 4663, where tokens and stock tokens trade. What runs on it, how it differs, how to start.
Read nextHow to read a Robinhood Chain token page
Read a token page top to bottom in 60 seconds: price, liquidity depth, the lock panel, holders and the deployer. What each number proves and what it can't.
See it liveExplore Robinhood Chain tokens
Every token trading on Robinhood Chain with live price, volume and liquidity. No ratings, no endorsements — free, updated continuously.
Do itLock liquidity on Robinhood Chain
Lock liquidity on Robinhood Chain through Team Finance: the Uniswap v3 position is held until a timestamp you set. Steps, price, and what a lock proves.
