Glossary
Definitions for Cooket protocol and data terms.
Accepted gross — Portion of submitted buy value used by a quote; excess is refunded.
Active reserve — Net native-USDC principal available for curve redemptions before graduation.
Canonical state — Confirmed, reorg-aware indexed state derived from Arc events.
Canonical USDC — Arc’s 6-decimal ERC-20 USDC used in graduated V3 pools.
Collected LP fees — V3 fees transferred out of the position to the permanent LP fee vault; excludes principal.
CTO — Creator-voluntary, one-way transition of creator-fee routing to a controller-owned treasury.
FDV — Token spot price multiplied by the complete fixed supply.
Graduation principal — Exactly 7,245 native USDC forwarded from the curve for LP settlement.
Native USDC — Arc’s 18-decimal native value and gas asset used by curve trades.
Provisional event — Unconfirmed realtime log shown temporarily until canonical indexing catches up or a removal retracts it.
Terminal price — Curve spot price at the graduation reserve coordinate; distinct from reserve and FDV.
