- Token symbol
- The short ticker used to label a token, such as BVC for Crypto Chip Token. The symbol is a label only and does not by itself prove uniqueness on a network.
- Smart contract
- Code deployed to a blockchain that defines how a token behaves: who can hold it, transfer it, mint it, or burn it. The contract is the actual source of truth for token behaviour.
- BNB Smart Chain
- An EVM-compatible chain operated by the BNB ecosystem. Many small tokens, including the BVC reference, are deployed on this chain. Transfers are recorded on its public ledger.
- Circulating supply
- The portion of total supply considered to be in the hands of the public, excluding locked, reserved, or burned tokens. Reported figures often need to be checked against the contract.
- Max supply
- The maximum number of tokens that will ever exist according to the contract or whitepaper. A contract with mint functions can change this picture.
- Liquidity
- The depth of buy and sell orders close to the current price. Higher liquidity means trades fill closer to the quoted price.
- Volume
- The amount of a token traded over a period. Reported volume should always be checked against multiple sources for thinly traded tokens.
- Market pair
- The two assets quoted against each other on an exchange, such as BVC against a stablecoin. The pair determines what the price actually means.
- Holder distribution
- The breakdown of who holds the token, often shown as the largest wallets. Concentration can change how much circulating supply is meaningful.
- Whitepaper
- A document published by a project to describe the token, its purpose, and its planned mechanics. A claim file rather than a guarantee of execution.
- Token utility
- What the token actually does inside its system. Utility claims should be checkable against the contract, not just described in marketing.
- Inactive market
- A market with little or no current trading. Profile pages may persist long after meaningful trading has stopped.
- Due diligence
- The set of checks a careful reader runs before treating a project's claims as evidence. Covered in detail on the token due-diligence page.
GLOSSARY | DEFINITIONS
Plain-language glossary
Short definitions kept practical. For a deeper framework, read the due-diligence guide.
