The language of the trenches.

A to L

Block (slot)

Solana's unit of time: a new block roughly every 300 ms. « Copy on block +1 » = buy in the block after the copied wallet's.

Bonding curve

A pump.fun coin's pricing mechanism before migration: the price rises with each buy and falls with each sell. See how pump.fun works.

Bundle

Several transactions sent together to land in the same block, in order. Often used by devs to buy their coin from several wallets right at creation.

CA (contract address)

A token's unique address on Solana (the « mint »). It's what you copy to buy a specific coin.

Copy trading

Automatically buying when a wallet you follow buys. See copy trading.

Dev

A coin's creator, and their wallet.

Dev buy

What the dev buys of their own coin at creation. One of the first signals to check.

Exit liquidity

The buyers others sell onto. « Being exit liquidity » means buying just as the early ones get out.

Jito

A network most Solana validators run through, which lets you pay a tip to get a transaction included first. See tip and priority.

Leader

The validator in charge of producing the next blocks. Sending your transaction straight to it saves time.

M to Z

Mcap (market cap)

Token price × number of tokens. On pump.fun, a brand-new coin's mcap is counted in thousands of dollars.

Memecoin

A token with no use beyond its community and narrative. Very volatile.

Migration

A coin moving from its pump.fun curve to a pool on PumpSwap, once the curve is complete.

Narrative

The story or theme carrying a coin (news, a meme, a community).

PnL

Profit and loss: your gain or loss on a position or over a period.

Priority fee

An extra paid to the validator so your transaction lands earlier in the block.

PumpSwap

pump.fun's exchange, where coins migrate. See PumpSwap.

Rug pull

A coin's collapse caused by its creators or linked wallets dumping. See avoiding rug pulls.

Rugger

A wallet, or group of wallets, that launches or buys coins to dump them on the next buyers.

Slippage

The max price gap you accept between sending an order and its execution.

Smart money

Wallets known for winning, which others follow or copy. See finding wallets to copy.

Sniper

A bot that buys in the very first blocks after an event. See what is a sniper bot.

Stop loss

An automatic sell when the loss hits a limit. See stop loss and take profit.

Take profit

An automatic full or partial sell when the gain hits a threshold.

Tip

A payment to get your transaction through first, usually via Jito.

Fresh wallet

A brand-new wallet with no history. Ruggers create lots of them; Scope can copy a wallet only on its first real move.

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