Glossary
Below is a glossary of terms and abbreviations commonly used in this documentation:
API
Application Programming Interface, a set of routines, protocols, and tools for building software applications.
CCXT
CryptoCurrency eXchange Trading Library, a JavaScript / Python / PHP library for cryptocurrency trading and e-commerce with support for many bitcoin/ether/altcoin exchange markets and merchant APIs.
UDEX
This platform, designed specifically for this project, enables smooth integration of Decentralized Exchanges (DEXs) operating on a Liquidity Pool (LP) basis across various blockchains.
CEX
Centralized Exchange, a traditional crypto exchange where the company holds the users' funds.
DEX
Decentralized Exchange, a blockchain-based exchange where transactions are peer-to-peer without a central authority.
CCDB
Cryptocurrency Database, our application for collecting and managing crypto data.
LP
Liquidity Pools, crowdsourced pools of tokens or currencies that lie in a smart contract to facilitate trades on a DEX.
UTXO
Unspent Transaction Output, a model used by some blockchains where each transaction starts with coins used in a previous transaction.
Order Book
A list of buy and sell orders organized by price level for a specific asset.
Trade
The exchange of assets between buyers and sellers on an exchange.
Ticker
A report of the price for certain cryptocurrencies, updated continuously throughout the trading session.
CandleStick
A graphical representation of the price movements of an asset over a specific time period.
ExchangeRate
The value of one currency for the purpose of conversion to another, used within the context of liquidity pools (LPs).
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