Glossary
Plain-English definitions for every crypto and Amyth term you'll encounter. 38 terms.
A
ADX
Average Directional Index. A technical indicator that measures trend strength (not direction). Values above 20–25 suggest a strong trend; below that suggests a choppy, range-bound market. Amyth's breakout engines use ADX to gate entries.
ATR
Average True Range. Measures average price volatility over a period. Amyth uses ATR to set stop-loss distances and trailing stops, so they adapt to how volatile the market is right now rather than using fixed dollar amounts.
B
Backtest
Running a trading strategy on historical price data to see how it would have performed. Amyth's optimizer runs thousands of backtests every 22 hours to find the best parameters. Important: backtested performance is hypothetical and past results don't guarantee future returns. Learn more →
Bollinger Bands
A technical indicator that draws bands above and below a moving average based on standard deviations. When price touches or breaks through a band, it's considered 'extended.' Range Sniper uses Bollinger bands to identify mean-reversion opportunities.
C
Cadence
How often your bot evaluates market conditions and makes decisions. Options: 5m, 15m, 30m, 1h, 2h. A 15-minute cadence means the bot checks every 15 minutes whether to open, close, or hold a position.
Collateral
The USDC you deposit into your vault. This is the money that backs your leveraged positions. If you deposit $100 USDC and trade at 3x leverage, your $100 collateral controls a $300 position.
Consensus
In Amyth, consensus means multiple strategy engines voting together. Chameleon and Hummingbird run 9 engines simultaneously. A position only opens when 2 or more agree on direction. This reduces false signals. Learn more →
CPI (Cross-Program Invocation)
A Solana mechanism where one onchain program calls another. Amyth's vault program uses CPI to call Jupiter Perpetuals directly. Your trade goes from your vault to Jupiter in a single atomic transaction, no intermediaries.
D
Donchian Channel
A technical indicator that tracks the highest high and lowest low over a period. A breakout above the channel suggests a new uptrend; below suggests a downtrend. Adaptive Alpha and Aggressive Growth use Donchian breakouts as their core signal.
Drawdown
The peak-to-trough decline in your vault's equity. If your vault was worth $1,000, then dropped to $850 before recovering, that's a 15% drawdown. Amyth's drawdown guard can stop your bot if drawdown exceeds your set maximum.
E
Epoch
A single decision cycle in a Perps Basket bot. Every cadence interval (e.g., every 15 minutes) counts as one epoch. The bot evaluates, decides, and optionally trades within each epoch.
F
Funding Rate
A periodic payment between long and short position holders on a perpetual futures exchange. If the funding rate is positive, longs pay shorts; if negative, shorts pay longs. This cost/income affects your position's profitability over time.
J
Jupiter Perps
Jupiter Perpetuals, the largest decentralized perpetual futures exchange on Solana. Amyth executes all trades through Jupiter Perps via direct CPI. It supports BTC, ETH, and SOL with oracle-based pricing. Learn more →
L
Leverage
A multiplier on your position size. 3x leverage means $100 collateral controls a $300 position. Higher leverage amplifies both gains and losses. At 10x, a 10% adverse move liquidates your entire position. Amyth lets you set a maximum leverage cap per vault. Learn more →
Liquidation
When your position's losses approach your collateral amount, the exchange automatically closes it to prevent the loss from exceeding your deposit. On Jupiter, the keeper bot handles this. Liquidation means you lose most or all of the collateral backing that position.
Long
A position that profits when the price goes up. 'Going long BTC' means you're betting Bitcoin's price will increase. If it does, you profit; if it drops, you lose money proportional to your leverage.
M
Mean Reversion
A trading strategy based on the idea that prices tend to return to their average after moving too far in one direction. Range Sniper uses this approach: it sells when price is 'too high' and buys when it's 'too low' relative to recent history.
N
Nonce
A number used once. In Amyth, it's a replay-protection mechanism. Each trade instruction includes a nonce that the onchain program checks. This prevents the same trade signal from being submitted twice, protecting against double-execution.
O
Oracle
A data feed that provides real-world price data to the blockchain. Jupiter uses Pyth and Chainlink oracles for BTC, ETH, and SOL pricing. Oracle-based execution means your trade price comes from these independent price feeds, not from an order book.
P
PDA
Program-Derived Address. A special Solana account that's mathematically derived from your wallet address and a program ID. It has no private key. Only the program can authorize changes, and the program's code ensures only your wallet can withdraw. Your Amyth vault is a PDA. Learn more →
Perpetual Futures
A type of futures contract with no expiration date. Unlike traditional futures that settle on a specific date, perpetual futures (perps) can be held indefinitely. They track the spot price through funding rates. Amyth trades perps on BTC, ETH, and SOL.
R
Regime
The current market condition: trending up, trending down, ranging/choppy, or volatile. Amyth's regime detector classifies the market environment so strategies can adapt. Breakout strategies work in trends; mean-reversion works in ranges.
Relayer
Amyth's backend service that submits trade signals to your vault. The relayer can ONLY execute trades that pass the onchain validation checks. It cannot move funds, change your settings, or withdraw from your vault. Learn more →
RPC
Remote Procedure Call. The API endpoint that connects your browser/app to the Solana blockchain. Think of it as the 'internet connection' to Solana. RPC issues (congestion, timeouts) can delay trade execution, which is why Amyth has a 5-retry engine.
S
Sharpe Ratio
A measure of risk-adjusted returns. It divides average return by the volatility of returns. A Sharpe above 1.0 is generally considered good; above 2.0 is excellent. Higher Sharpe means better returns relative to the risk taken.
Short
A position that profits when the price goes down. 'Going short ETH' means you're betting Ethereum's price will decrease. If it drops, you profit; if it rises, you lose money proportional to your leverage.
Slippage
The difference between the expected price of a trade and the actual execution price. On-chain trades can experience slippage due to oracle price movements between signal and execution. Amyth sets a slippage cap to prevent trades from executing at unfavorable prices.
Smart Contract
A program that runs on a blockchain and executes automatically when conditions are met. Amyth's vault is a smart contract. It enforces rules about who can withdraw, what trades are valid, and how much leverage is allowed, all without human intervention.
Solana
A high-performance blockchain known for sub-second transaction finality and very low fees (fractions of a cent). Amyth chose Solana because systematic trading strategies need fast, cheap execution. You can't rebalance every 15 minutes if each transaction costs $5.
Stop Loss
A predefined price level where a position is automatically closed to limit losses. If you enter a long at $100 with a stop at $95, the position closes if the price drops to $95. Amyth's strategies use ATR-based dynamic stops that adapt to volatility.
T
Take Profit
A predefined price level where a position is automatically closed to lock in gains. If you enter a long at $100 with a take profit at $110, the position closes when the price reaches $110. Strategies set TP targets based on the expected move size.
U
USDC
A stablecoin pegged 1:1 to the US dollar, issued by Circle. It's the collateral currency used in Amyth vaults. 1 USDC ≈ $1.00. Learn more →
V
Vault
Your personal non-custodial trading account on Amyth. It's a Solana PDA (program-derived address) controlled by your wallet. You deposit USDC, attach a strategy, and the bot trades from this vault. Only you can withdraw. Learn more →
Volatility
How much and how quickly a price moves. High volatility means large, rapid price swings; low volatility means small, slow moves. Different Amyth strategies perform better in different volatility environments.
VWAP
Volume-Weighted Average Price. The average price weighted by trading volume over a period. Adaptive Alpha uses VWAP as a reference point and fades (bets against) extreme deviations from it.
W
Webhook
An HTTP callback: a URL that receives data when an event happens. In Amyth, you can create TradingView alerts that POST to a webhook URL, triggering onchain trades in your vault. Learn more →
Win Rate
The percentage of trades that were profitable. A 60% win rate means 6 out of 10 trades made money. Win rate alone doesn't determine profitability. You also need favorable risk-reward (big wins, small losses).
Z
z-score
A statistical measure of how many standard deviations a value is from the mean. A z-score of +3 means the price is 3 standard deviations above average, extremely extended. Adaptive Alpha uses z-scores to identify mean-reversion entry points.