Glossary

Concise definitions for common Popdex terms.

Popdex

An attention-market product for discovering, tracking, trading, and providing liquidity to attention assets.

Attention market

A market built around attention for a project, creator, community, token, narrative, or experiment.

Attention asset

The asset traded in a Popdex attention market.

Attention assets are experimental and may be volatile, illiquid, or have no value.

Bonding phase

The temporary market stage before Graduation.

A market starts in the Bonding phase. The Bonding phase means the market has not graduated yet.

Graduation

The transition from the Bonding phase to Bonded.

Graduation is a market transition, not an endorsement, audit, quality signal, price guarantee, liquidity guarantee, or recommendation.

Bonded

The market state after Graduation.

A Bonded market has graduated, but it can still be volatile, illiquid, risky, or unavailable.

Buzz

Popdex’s attention signal for a market.

Buzz is informational and is not a recommendation or guarantee.

Price

Displayed market price information connected to the market’s current state.

Price is not a promise of final execution.

Last Reset

The displayed time of the most recent Buzz-related reset period.

Last Reset is market data and may be delayed, rounded, or stale.

Graduation Progress

A displayed indicator for a market in the Bonding phase that shows progress toward Graduation.

Graduation Progress is not a quality score, endorsement, or guarantee.

Liquidity

Assets available in a market to support trading and liquidity actions.

Low liquidity can increase slippage, failed transactions, or difficulty entering and exiting positions.

Liquidity provider / LP

A user who supplies assets to a liquidity pool.

LPs take risk and are not guaranteed returns, rewards, yield, or exit liquidity.

LP token

A token or position representation associated with a liquidity provider’s share of a pool.

An LP token does not guarantee profit, redemption value, or future liquidity.

Quote

A preview of a possible transaction outcome.

A quote is not a guarantee that the transaction will execute.

Minimum output

The least amount you are willing to receive from a transaction.

If the transaction would return less than your minimum output, it may fail instead of executing.

Slippage

The difference between an expected transaction result and the final executable result.

Slippage protection can help limit unwanted execution but cannot guarantee a successful or profitable trade.

Wallet approval

The step where your wallet asks you to review and sign a transaction.

Always check wallet prompts carefully before approving.

Transaction status

The displayed state of a transaction, such as pending, confirmed, failed, rejected, or not found.

Transaction status may depend on wallet, network, RPC, and live-chain conditions.

Indexed data

Data that has been collected, processed, cached, or prepared for display.

Indexed data may be delayed, rounded, stale, or inconsistent with live-chain execution.

Live-chain execution

The actual result of a transaction accepted and executed on-chain.

Live-chain execution is authoritative for transaction outcomes.

Market data

Displayed information about a market, such as Buzz, Price, Liquidity, Last Reset, Graduation Progress, charts, activity, token address, quotes, and status.

Market data is informational.

Token address

The public blockchain address associated with a token.

Always verify token addresses carefully because token names and symbols can be duplicated or misleading.

USDC

USDC is the quote asset Popdex uses to price attention assets.

Always confirm the token, network, amount, and wallet prompt before approving a transaction involving USDC or any other asset.