Reference
Solana Trading Glossary
Plain-English definitions for the terms that show up in MoonHydra, in Telegram trading chats, and on Solana Twitter. Bookmark this page — we\'ll keep adding entries as the ecosystem invents new acronyms.
- Hydra Wallet (Hydra Head)
- MoonHydra's name for a burner trading wallet generated inside the bot. Each Telegram account can own as many Hydra Heads as the trader wants, all encrypted with AES-256-GCM at rest. The "head" metaphor mirrors the Greek myth — cut one off (lose a burner), the others remain.
- Burner Wallet
- A throwaway Solana wallet used for high-risk trading. You fund it with risk capital and accept that a single rug, drainer, or bot exploit shouldn't touch your treasury. Every reputable trading bot operates this way; the bad ones quietly ask for your main wallet.
- MEV (Maximal Extractable Value)
- Profit that block producers can extract by reordering, inserting, or censoring transactions. On Solana this surfaces as sandwich attacks: a bot sees your pending swap, front-runs it with a buy, lets your trade pump the price, then back-runs with a sell — pocketing the difference and widening your effective slippage.
- Jito Bundle
- A package of Solana transactions submitted to Jito's Block Engine atomically. Either all of them land in the same block or none do. Bundles are MEV-protected because sandwich bots can't insert their own tx between yours and the swap. MoonHydra Phase 3 routes through Jito bundles with a configurable tip.
- Pump.fun
- A Solana token launch platform where anyone can mint a memecoin and put it on a bonding curve. Tokens migrate to Raydium once they hit ~$69k market cap. The "sniper" use case is buying within the first 1-5 seconds of pool creation, before the price runs up.
- RugCheck
- A public API (rugcheck.xyz) that scores Solana tokens 0-1000 based on holder concentration, mint authority status, freeze authority, LP burn, and other rug indicators. LOWER = safer. MoonHydra surfaces the score on every token card and can hard-block /buy when it exceeds your /security threshold.
- Priority Fee
- A per-compute-unit micro-lamport bid that bumps your transaction up the validator's queue. Without it, your trade sits behind everyone who paid more during hot launches. MoonHydra defaults to 100k µLamports — tune higher in /settings when chasing fast launches.
- AMM (Automated Market Maker)
- A smart contract that prices tokens algorithmically based on the ratio of two assets in a liquidity pool, rather than matching a buyer to a seller. Raydium, Orca, Meteora, and Pump.fun's bonding curve are all AMMs. Jupiter routes your trade across them to find the best price.
- LP (Liquidity Pool)
- The asset pair an AMM trades against — e.g. a SOL / $TOKEN pool with 100 SOL and 10M tokens. "LP burned" means the LP token (proof of deposit) was sent to a dead address so the launcher can't pull liquidity. RugCheck flags pools without burned LP as high-risk.
- Slippage
- The difference between the price you quoted and the price you actually got — caused by other trades hitting the pool between your quote and your execution. MoonHydra defaults to 5% (500 bps); sniper trades default to 25% because launch volatility eats tighter limits.
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It takes 30 seconds. No KYC. No deposits. Generate a burner wallet, fund it with SOL, paste a contract address.
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