DEGEN DICTIONARY.

To buy quickly and aggressively, usually before doing much research.

The position or tokens someone is holding.

Someone left holding an asset after the excitement and liquidity have disappeared.

The pool of money set aside specifically for betting or gambling.

A move through a price level traders were watching as resistance or support.

Short for contract address; the identifier traders use to distinguish the actual token from copies.

The expected or heavily favored outcome in a betting market.

How strongly someone believes in a trade or thesis after doing their own reasoning.

Community Takeover — when a token community continues after the original developer leaves or loses control.

The developer or deployer associated with launching a token.

Refusing to sell through volatility, often framed as strength or loyalty.

Buying in multiple smaller entries over time instead of all at once.

The buyers whose demand allows earlier holders to sell.

Crypto slang for continuing to hold an asset instead of selling.

Someone believed to have privileged information, early access or a hidden connection to a launch.

Originally live-action role-play; online, also pretending to occupy a role, status or identity.

A platform that makes it easy to create and begin trading a new token.

A forced position closure when leveraged collateral can no longer support the trade.

An outcome considered unlikely, usually offering a larger payout if it happens.

Price multiplied by the number of tokens or shares counted as outstanding.

A mocking label for someone who sells quickly under pressure or volatility.

Profit and Loss — the running result of a trade, account or strategy.

How much capital or exposure is allocated to one trade.

The movement and structure of price itself, usually read directly from a chart.

A fast upward move in price, sometimes organic and sometimes manufactured.

A scam or malicious exit where creators or insiders leave buyers with a collapsing asset.

Aggressively promote an asset, project or idea, often while having a stake in it.

A planned level or action for locking in gains.

The reasoning that explains why someone believes a trade or idea should work.

The short symbol used to identify an asset, such as a stock or token.

A standardized bet size used to talk about wagering without sharing exact dollar amounts.

The amount of an asset traded during a period of time.

A participant with enough capital or holdings to materially affect a market.

The thin part of a price candle showing how far price moved beyond the open and close.

A hustle built around extracting money, attention or trust through questionable claims or incentives.

Social influence, attention or perceived status.

A launch pattern where multiple early transactions or wallets may be coordinated together.

The price or moment where a position is opened.

Capital posted to support a leveraged position.

A token moving from its launchpad’s initial market into its next trading venue or liquidity setup.

The permission that can freeze certain token accounts or transfers.

A privileged token permission that has been permanently removed.

Liquidity Pool — the reserves traders swap against on a decentralized exchange.

Liquidity-pool ownership tokens sent somewhere they cannot be recovered.

How a token’s supply is spread across wallets.

The wallets holding the largest percentages of a token supply.

A wallet-relationship visualization used to spot clusters of connected holders.

An extra transaction fee paid to increase the chance of faster inclusion.

Key Opinion Leader — an influencer whose posts can move attention and liquidity.

An account or person who publicly calls out tokens or trades to followers.

How much of the market’s attention and conversation a token or narrative currently owns.

A warning that the token creator’s tracked wallet has sold its position.

Shorthand for a token that paid for an enhanced DEX-tracker profile or listing.

A token sale that happens before the broader public market opens.

A meme coin held together by unusually strong identity, community and belief.

Wallets or traders believed to have unusually strong information, execution or track records.

Trading fees paid back to the person or account that created a token.

Automation designed to generate repeated trading activity around a token.

Trading designed to create the appearance of activity without meaningful change in economic ownership.

A gradual creator exit that drains value without one obvious instant rug event.

A sudden, obvious rug where insiders remove liquidity or dump privileged supply quickly.

Tiny unsolicited transfers sent to wallets for tracking, spam or scam purposes.

One actor operating many identities or wallets to appear like many independent participants.

Promotion posted because the creator was paid or otherwise compensated.

The degree to which a token supply is controlled by a small number of wallets.

A meme or token narrative built around autonomous AI-agent behavior or identity.

A crypto-native idea that internet communities can create and trade markets around projects, people or memes almost instantly.

A coordinated or manipulative price run-up followed by selling into later buyers.

Player versus Player — a market where traders mostly profit by taking value from one another.

Internet approval for something seen as unapologetic, bold or aligned with the speaker’s view.

Imaginary emotional fuel used to cope with a bad outcome.

Unfounded optimism that a losing or uncertain situation will work out.

Repeatedly performing an activity to collect rewards, points, fees or eligibility.

We’re All Gonna Make It — optimistic community shorthand for shared upside.

Not Gonna Make It — a dismissive verdict on bad judgment or weak conviction.

Give back most or all of an unrealized gain by holding through the entire move back down.

A sign traders jokingly or seriously interpret as evidence that hype may be peaking.

A sign traders interpret as evidence that pessimism may have become extreme.

A chart with little liquidity, volume, momentum or visible chance of revival.

A position or asset that keeps extending beyond the initial expected move.

The process of the market finding a new trading range when there is little recent price history above or below.

A mocking label for an overcomplicated take that misses the obvious answer.

Do Your Own Research — a reminder not to outsource a decision entirely to someone else.

The current dominant playbook, theme or style that traders are chasing.

A very small market-cap asset where liquidity and volatility can be extreme.

A comparatively established asset viewed as higher-quality or more durable within its niche.

A copycat token, meme or project built from an already-successful concept.

A position that benefits if price falls.

Leveraged derivative contracts with no fixed expiry date.

The total value or count of derivative positions that remain open.

A sharp drop that forces leveraged longs to exit, accelerating the decline.

A temporary rebound inside a larger decline.

Buying aggressively while price is still collapsing.

The average value of a decision if the same risk could be repeated many times.

The decline from an account or strategy’s previous peak to a later low.

Money put at risk on a game, event or betting card.

A bettor or betting action regarded as informed, disciplined or professionally respected.

A casual or public bettor assumed to make less price-sensitive decisions.

A fast betting-line move triggered by respected or coordinated action.

How a bettor’s entry price compares with the market’s final price before the event starts.

A line moving against the side receiving most reported public bets.

A bet on who wins without using a point spread.

A handicap that gives one side points and takes points from the other for betting purposes.

A wager on a specific event or statistic rather than simply the final winner.

Betting after an event has already started while prices update in real time.

Bet against a person, trend or commonly backed side.

A parlay combining multiple selections from the same event.

The tense experience of watching an unresolved bet play out.

A person who sells or aggressively markets betting picks.

A market where people trade contracts tied to the outcome of a future event.

The side of a binary market that pays if the stated event does not happen.

The probability suggested by a contract’s current market price.

The process of determining which outcome officially won a prediction market.

The risk that wording, sources or ambiguous real-world events produce an unexpected market outcome.

A mechanism or trusted source used to bring real-world outcome data into a market or smart contract.

A participant or system that continuously posts buy and sell prices to supply liquidity.

An incentive paid to qualifying orders that add liquidity to a market.

Combine a complete set of outcome tokens back into the underlying collateral.

A self-styled expert who markets authority or wealth they cannot substantiate.

Content that glamorizes nonstop work, wealth and extreme productivity as a lifestyle identity.

Share the process, metrics and decisions of building a project openly online.

Monthly Recurring Revenue — recurring revenue normalized to one month.

A creator or business identity that intentionally avoids showing the operator’s real face or personal identity.