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Key Terminology

Key Terminology

Parcl Protocol – Key Concepts

Parcl Price Indexes

Where do prices come from?

Liquidity Providers (LPs)

How does liquidity work?

Trader PnL and Liquidation

How are profits paid to traders?

Market Sentiment

Why is market sentiment important?

Price Impact

How does pool balance impact opening a position?

Funding Rate

How does funding impact my trading performance?

Leverage – No Borrowing

How does leverage without borrowing work?

Delayed Withdrawals

What happens with a pending transfer?

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