MUSI$2.47+3.82%
LUNA$24.87+12.28%
KXNG$18.45-6.82%
SYNTH$12.34+11.98%
AURA$31.52+5.49%
FUEG$22.10+7.54%
RAVN$8.91-5.71%
ELAR$15.23+2.21%
NEON$6.78+14.53%
MUSI$2.47+3.82%
LUNA$24.87+12.28%
KXNG$18.45-6.82%
SYNTH$12.34+11.98%
AURA$31.52+5.49%
FUEG$22.10+7.54%
RAVN$8.91-5.71%
ELAR$15.23+2.21%
NEON$6.78+14.53%

Market Terminology

A glossary of Web3 and trading terms to help you navigate the platform.

Token

Web3

A digital asset issued on a blockchain representing a unit of value, utility, or ownership.

$MUSI

Platform

The native token of the Musiwallet ecosystem, used for trading, staking, and rewards.

Market Cap

Trading

Total value of a token: current price multiplied by circulating supply.

Liquidity Pool

Web3

A pool of tokens locked in a smart contract that enables decentralized trading.

APY

Staking

Annual Percentage Yield — the yearly return on staked assets, including compounding.

Staking

Staking

Locking tokens for a period to earn rewards and support network operations.

Maker Order

Trading

A limit order that adds liquidity to the order book, usually with lower fees.

Taker Order

Trading

A market order that fills instantly against existing liquidity, usually with higher fees.

Wallet

Web3

A digital tool that stores the keys used to sign blockchain transactions.

Gas

Web3

A fee paid to blockchain validators to process a transaction.

Dividend

Platform

A share of artist revenue distributed to token holders periodically.

Bear Market

Trading

A market condition where prices are falling, typically 20%+ below recent highs.

Bull Market

Trading

A market condition where prices are rising over a sustained period.

KYC

Platform

Know Your Customer — identity verification required for regulated trading.

Slippage

Trading

The difference between expected and executed price on a market order.

Smart Contract

Web3

Self-executing code on a blockchain that automates agreements without intermediaries.

Governance

Platform

A system where token holders vote on platform decisions and proposals.

Circulating Supply

Trading

The number of tokens currently available and trading in the market.