undertheradar's definitions

twap

Time-weighted average price. The average price of an asset over time.

TWAP is used by traders with high volume, executing the same size trade over and over during a span of time. This is done to not drain liquidity in a single trade. And to not affect market perceptions in a single trade.

He's twaping Bitcoin, selling $100k every minute.

by undertheradar May 20, 2021

tx

Short for transaction.

I tried buying some jpegs, but the tx failed.

by undertheradar August 16, 2021

DFPT

Destined for public transportation. Another way to say, "you will be poor."

You're not buying Bitcoin? You're DFPT.

by undertheradar January 5, 2024

future of france

Also known as the future of finance. Which refers to DeFi. Which refers to Ethereum.

I'm investing in the future of france.

by undertheradar May 4, 2021

dust

Significantly low balances, such as a balance below 1 US cent, that are non-zero. Possible in cryptocurrency, where digital currencies can be seen up to 18 decimal places. Example: 0.000001 USDC.

This exchange has a minimum trading amount and a minimum withdrawal limit, so my account has dust I'll never be able to withdraw.

by undertheradar August 11, 2021

dumb money

Not understanding an asset a person is buying, or a market someone is engaging in. Not caring to learn about an asset someone is buying.

Buying an asset at the peak before a bear market. The act of buying high and selling low.

Effectively, it’s dumb money moving in.

by undertheradar June 12, 2020

DeFi

Decentralized Finance. Typically refers to apps connected to distributed ledger smart contracts such as with Ethereum and EOS, however, some refer to Bitcoin.

This DeFi trading app uses Metamask.

by undertheradar July 4, 2019