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About BIBIBI Daily Digest Privacy & Account Security

For information and learning only. Not investment advice. Crypto assets involve risk.

© 2026 BIBIBI

Glossary

Terms21 shown

Closed (private) betaA software testing method made available only to a small group of invited users. A closed (private) beta.ง
Native appsApplications that need to be downloaded and installed locally on the device, enabling closer integration with the device hardware and native system functionality.
Permissive licensesA category of licenses that allows developers to reuse code in almost any project, including closed-source projects.
Stop-loss ordersOrders that automatically close a position when the price falls below a preset threshold, limiting losses from further declines.
closed alphaAn Alpha test accessible only to invited users, suitable for obtaining more focused feedback from a specific target group.
closed-source softwareSoftware whose source code is not publicly available and that typically only its creator is authorized to modify or distribute.
index fundsFunds that aim to replicate the performance of a specific index as closely as possible, giving investors indirect exposure to the portfolio of assets represented by that index.
liquidationThe process by which a leveraged position is forcibly closed due to insufficient margin requirements or other reasons.
release candidateA Beta version that is close to its final form and awaiting confirmation as to whether any major issues or errors remain.
Closed mintingNew tokens can be minted only when predetermined conditions are met; minting ends once the conditions are satisfied or the specified period expires.
RolloverClose the current futures position while simultaneously opening a new position with a later expiration date.
Bollinger Band SqueezeA state in which the upper and lower bands narrow closely, indicating currently low volatility and potentially foreshadowing increased volatility, but not indicating the price direction.
Forced LiquidationA risk-management mechanism in which a leveraged position is forcibly closed by the system after moving adversely beyond a specified threshold.
Recovery phraseImportant information used to back up and restore access to a wallet. It should be stored securely and never disclosed.
Payment channelAn off-chain transaction channel established between participants; transaction results are settled on the main blockchain only when the channel is closed.
Spot Bitcoin ETFDirectly holds Bitcoin as the underlying asset, with performance typically closely linked to the real-time value of the Bitcoin held.
Perpetual ContractA derivative contract with no expiration date, designed for continuous holding, whose funding rate mechanism helps keep its price close to that of the underlying asset.
State ChannelAllows participants to conduct multiple transactions off-chain, with balance states typically recorded on the main chain only when the channel is opened and closed.
Consortium blockchainA blockchain network jointly created, managed, and validated by multiple organizations, which can be open or closed according to member requirements.
Funding rateA fee paid periodically between long and short positions to help keep the price of a perpetual contract close to the price of the underlying asset.
Golden ratioin Fibonacci relationships 61.8%the ratio is often regarded as a level that merits close attention in retracement analysis.

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Definition

Recovery phrase

Important information used to back up and restore access to a wallet. It should be stored securely and never disclosed.

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