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

DFPT

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

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

by undertheradar January 06, 2024

ledger

A book of financial transactions.

Businesses keep great records in their ledger so they can always tell where their money is coming from and going to.

by undertheradar August 02, 2019

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 05, 2019

destined for public transportation

Another way to say you will be or will stay poor.

He's leverage trading? That man is destined for public transportation.

by undertheradar January 06, 2024

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

tx

Short for transaction.

I tried buying some jpegs, but the tx failed.

by undertheradar August 16, 2021