> ## Documentation Index
> Fetch the complete documentation index at: https://docs.metastreams.dev/llms.txt
> Use this file to discover all available pages before exploring further.

# Glossary

> What each wallet classification, holder group and launchpad term means.

Definitions for the wallet classifications, holder groups, launchpad terms and market terms used across the API.

## Wallet classifications

A trade's `flags`, the `flags` query parameter and the `spot.trades` `flags` filter use these values. A wallet can carry several. The exact rules can differ slightly between chains.

| Value | Meaning |
| - | - |
| `dev` | The wallet that created the token. |
| `sniper` | Bought the token within two blocks of its first pool. |
| `insider` | Bought the token within three blocks of its first pool. Every sniper is also an insider. |
| `bundler` | Made the fourth or later buy of the token in a single block. |
| `fresh` | Was funded less than seven days before it traded. The flag drops once that is no longer true. |
| `whale` | Made a single trade worth \$10,000 or more. |
| `kol` | Labelled a key opinion leader by a wallet-label source. |
| `pro_trader` | Has traded through a known trading terminal. |
| `fomo` | Has traded through the fomo.family terminal. As a filter, `fomo` instead keeps trades routed through that terminal; see [Filtering and sorting](/concepts/filtering#trade-lists). |
| `phishing` | Named by a security source as a malicious actor: phishing, scamming, rug pulling or hacking. |

New classifications appear over time. Keep values you do not recognize.

## Holder groups

A token's `holders` object measures how much supply each group holds now, on a 0–100 scale, and how many wallets have ever belonged to the group on that token.

| Field | Group |
| - | - |
| `top10Pct` | The 10 largest current holders. Can read above 100 when supply data drifts. |
| `devPct` | The creator |
| `sniperPct`, `sniperCount` | Wallets flagged `sniper` |
| `bundlerPct`, `bundlerCount` | Wallets flagged `bundler` |
| `insiderPct`, `insiderCount` | Wallets flagged `insider` |
| `freshWalletPct`, `freshWalletCount` | Wallets flagged `fresh` |
| `proTraderPct`, `proTraderCount` | Wallets flagged `pro_trader` |
| `fomoPct`, `fomoCount` | Wallets flagged `fomo` |
| `phishingPct`, `phishingCount` | Wallets flagged `phishing` |
| `fundedByCexPct` | Share of current holders, not of supply, that a known exchange funded |

Each `Count` field counts every wallet that ever carried the flag on the token, so it never decreases. Pools, lockers and system accounts are not counted as holders.

## Launchpad terms

| Term | Meaning |
| - | - |
| Launchpad | A venue that launches new tokens and sells them from a bonding curve, such as Pump.fun. A token's `launchpad` names it. |
| Bonding curve | The launchpad's pricing contract. The price rises as the curve fills. |
| `bondingCurvePct` | How full the curve is, 0–100. |
| Graduation | The moment a token leaves its launchpad and its liquidity moves to a regular pool. `graduatedAt` records it, and `graduatedToPool` and `graduatedToDex` say where it went. |
| New pairs | Launchpad tokens below 40% of their curve. |
| Graduating | Launchpad tokens at 40% of their curve or more, not yet graduated. |
| Graduated | Launchpad tokens that have graduated, or that have no curve reading. |

## Market terms

| Term | Meaning |
| - | - |
| Native unit | The chain's gas asset: SOL on Solana, ETH on Base and Robinhood Chain, BNB on BNB Smart Chain. |
| Anchor (quote asset) | The asset a token's deepest pool prices it against, such as WSOL or USDC: `anchorSymbol` and `anchorAddress`. |
| Market cap | Price times total supply. |
| Liquidity | The value held in the token's pools. |
| Money object | A `{native, usd}` pair. See [Reading responses](/concepts/reading-responses#money-objects). |


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