Glossary · MemeMarkets Docs

Audit log: A permanent list of every admin action, with the time and the reason. Anyone can check what was done and when.
Birdeye: A Solana market data provider. MemeMarkets uses it as the backup price source.
Creator rewards: Fees Pump.fun pays to the creator of a token. Rewards from the MemeMarkets token go to the treasury.
DexScreener: A public site that tracks prices, market caps and liquidity for tokens. It is the primary data source for resolution.
Dispute window: The 24 hours after a market resolves when anyone with a position can challenge the result.
Kill switch: An admin control that pauses all new bets instantly if something looks wrong.
Lamport: The smallest unit of SOL. One SOL is one billion lamports.
Liquidity: How much money sits in a token's trading pool. Low liquidity makes a price easy to move.
Market cap: Price multiplied by circulating supply. It shows the total value of a token.
Memo: A short note attached to a Solana transaction. It links your bet to your wallet, the market and your side.
Odds: The share of the pool on one side. 60 USDC on Yes out of 100 USDC means Yes odds of 60 percent.
Parimutuel: A betting style where all bets go into one pool and the winners split it. There is no bookmaker setting prices.
Payout: What a winning bet receives: your share of the winning pool times the total pool, minus the 1 percent fee.
Pool: All the USDC bet on a market. Each market has a Yes pool and a No pool.
Program: Code on Solana that holds market funds and enforces the betting, claim and refund rules.
Seed bet: The first bet placed on a new market, by its creator or by the treasury, so it starts with real odds.
Stake: The amount of USDC you put on a bet.
Transaction signature: The unique ID of a Solana transaction. Use it to look up any bet or payout on Solscan.
Treasury: The project wallet funded by creator rewards. It pays for seeding, growth and operations.
TWAP: Time weighted average price. The average value over a window, here the 15 minutes before the deadline.
Unmatched deposit: A confirmed transfer that could not be linked to a valid bet, for example one that arrived late. It gets reviewed and refunded.
Vault: The program account that holds one market's USDC. Every bet goes in and every payout comes out of it.
Void: A cancelled market. Everyone gets their full stake back with no fee.