Padre Glossary: The Terminal’s Own Vocabulary
The terminal uses a vocabulary that assumes you already have it. These are the definitions Padre published for its own interface, plus the feature names that appear in the app without explanation — each one taken from the product’s documentation rather than paraphrased from general crypto usage.
Market terms
| Term | Definition |
|---|---|
| Base currency | The currency being traded in a pair. In PEPE/WETH, PEPE is the base. |
| Quote currency | The currency used to buy the base. In PEPE/WETH, WETH is the quote. Which quotes are supported depends on the chain. |
| Liquidity | Total value of base and quote currencies available for trading in a market. |
| Slippage | The difference between the expected price of a trade and the price it actually executes at — higher or lower, driven by thin liquidity or token taxes. |
| Token tax | A percentage of each trade charged as a fee by the token developer. |
| Insider | A wallet that traded the token in block 0 (the bundle), or received it from another insider. |
| Tip | SOL paid directly to block builders to prioritise inclusion — and, Padre notes, often a signal of organic rather than botted volume. |
| FDV | Fully diluted valuation: current price multiplied by total supply. Shown beside your target price when setting an order. |
Feature names
| Name | What it is |
|---|---|
| Trenches | The bonding-curve scanner for Pump.fun and Four.Meme launches, split into New, Almost Bonded and Recently Bonded. Full detail. |
| Inferno Mode | A Solana-only adaptive preset that tunes priority and tip automatically and multi-sends to several builders. How it works. |
| Buy Dip | A buy limit order that fires when price falls to your stop price. |
| Trailing SL | A stop that follows the peak price upward at a set percentage and never moves back down. |
| Sell Initials | Solana-only one-click sell that returns your original stake and leaves the rest running. Only available while in profit. |
| Exit Strategy | Up to five independent TP/SL conditions attached to a single buy order. Detail here. |
| Automations | Copy trading — mirroring a target wallet’s trades. Detail here. |
| Prio | The base priority fee: SOL or BNB on those chains, Gwei on Ethereum and Base. |
| MEV protection | A toggle reducing front-running and sandwich exposure. Available on every chain except Base. |
Three that are worth more than a definition
Insider is the most useful filter in Trenches precisely because the definition is mechanical. A wallet in block 0 did not discover the token — it was there before anyone could. High insider holding is not proof of anything, but it is a measurable fact about who is positioned to sell into your buy.
Token tax is the cost layer people forget, because it is invisible in the fee schedule — it lives in the contract, not the platform. A 5% tax on both sides means a round trip starts 10% underwater before slippage. The full cost stack sets it next to the others.
Slippage is defined by Padre as a difference that can go either way. In practice, on low-cap tokens, it goes against you — because the same thin liquidity that makes a favourable move possible is what makes your own order move the price.
Terms in hand, the full trade padre gg walkthrough is the place to start.
Terminology — questions
What does "insider" mean on Padre?
Padre defines it precisely: a wallet that traded the token in block 0 — the bundle — or received it from another insider. It is a mechanical definition based on timing and provenance, not an accusation about intent.
What is token tax?
A percentage of each trade taken as a fee by the token developer, written into the contract. It is separate from the DEX fee, the network gas and the platform fee, and it applies on both the buy and the sell unless the contract says otherwise.
Why does Padre show tips as a signal of organic volume?
Padre’s own glossary notes that tips — SOL paid directly to block builders for priority — often signal organic rather than botted volume. Bots optimise tips aggressively, so the pattern of tipping on a token carries information beyond just speed.
What is the difference between base and quote currency?
In a PEPE/WETH pair, PEPE is the base currency — the thing being traded — and WETH is the quote currency, what it is priced and paid in. Which quote currencies are available depends on the chain.
Market term definitions are quoted from Padre’s own glossary, archived 27 April 2025. Feature descriptions come from the corresponding pages of its app guide, archived between April 2025 and March 2026, since that documentation site went offline in September 2026.