ResourcesGlossaryKey terms used across Neura. TermMeaningAMMAutomated market maker — a pool that prices trades by formulaInvariant (k)The value a pool's formula must never decreaseLP tokenYour share of a poolPip0.0001% — the unit for feesSurge feeExtra fee on later swaps in the same blockPrice impactHow much your trade moves the priceSlippagePrice change between quote and executionTWAPTime-weighted average priceFlash swapReceive first, pay within the same transactionCREATE2Deterministic contract addressMEVValue extracted by reordering transactionsImpermanent lossLP value vs. holding, after a price change PreviousFAQNext Developer quickstart
