Glossary

Key terms used across Super9MM and concentrated-liquidity LPing.

Automator

Your personal, non-custodial smart contract that holds your position and idle tokens. Only you can withdraw. See The Automator.

Keeper

The off-chain engine Super9MM runs that watches positions and executes automations within on-chain guards. See The Keeper.

Concentrated liquidity

Providing liquidity across a chosen price range instead of all prices, so capital earns more fees where trading happens. See Concentrated liquidity.

Range / band

The lower–upper price bounds of your position. You earn fees while price is inside it.

Tick / tick spacing

The discrete price steps ranges are built from. Each fee tier has a minimum spacing between range edges; Super9MM aligns ticks for you.

In range / out of range

In range: price is inside your band — earning fees. Out of range: price has moved past an edge — earning nothing until you re-center.

Fee tier

The % traders pay per swap in a pool (e.g. 0.05%, 0.25%, 1%). Higher tiers earn more per trade; lower tiers usually see more volume.

Fee/TVL

A pool's fees as a percentage of its liquidity — the best quick measure of real LP yield right now.

TVL

Total value locked — the total liquidity in a pool.

Rebalance / re-center

Closing your current range and opening a fresh one around the current price, to get back in range.

Direction policy

Whether rebalancing tracks price both ways, up only, down only, or is off.

Auto-compound

Reinvesting earned fees back into the position. See Auto-compound.

Auto-accumulate

Banking earned fees as withdrawable idle tokens instead of reinvesting. See Auto-accumulate.

Take-profit / Stop-loss (TP/SL)

Auto-closing the position to a single token at a price target. See TP/SL.

DCA

"Buy the dip" — arming a position to open only once price dips to a target. See DCA.

TWAP guard

A time-weighted-average-price check the contract runs before any automation, to block manipulated-price actions. See Slippage & safety.

Slippage / minimum output

The worst price an automated swap will accept; protects against bad fills.

Impermanent loss (IL)

The value gap, versus simply holding, that comes from the two tokens' prices diverging. See Reducing IL.

Idle balance

Tokens sitting in your Automator that aren't in a position — always withdrawable.

Aggregator

The DEX swap router (e.g. 9X) used for routing swaps. Linked in the status bar.