Stop-loss Order
By gianpal_photo | Updated on Aug 12, 2021
Designed to protect traders from loss, the stop loss order is an order that converts a limit order to a market order when the price of the asset falls below certain threshold.
Related Terms
Impermanent Loss
Temporary loss of funds due to volatility leading to divergence in price between token pairs provided by liquidity providers.
Market Order / Market Buy / Market Sell
A market order is a buy or sell order of stocks or cryptocurrency at the best price available in the current market as soon as possible.
Oracles
In the context of crypto, oracles refers to services which verify real-world and provide data to blockchains/smart contracts.
ERC-1155
ERC-1155 token standard allows each token ID to represent both non-fungible (NFTs) and fungible tokens which may have their metadata, token supply and other attributes.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.