> ## Documentation Index
> Fetch the complete documentation index at: https://docs.cooket.fun/llms.txt
> Use this file to discover all available pages before exploring further.

# 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.