Crypto terms without the jargon.

A maximum weight for any single project in the main DPMI. At rebalancing, no project may receive more than 15% of the index weight.

Measures Bitcoin that is spent even though the relevant outputs were at least 155 days old. It shows movement of older coins, but not automatically selling.

At Dudelytics: In Whale Radar, this is a holder-context sensor, not a sell signal.

Time horizons of 24 hours, 7 days, 30 days and 90 days. They show the same metric over different lengths of time.

A DVIX component for a negative 24-hour shock in the main DPMI. Only the negative portion of the 24h return is measured; positive returns create no downside-shock score.

At Dudelytics: Weight in DVIX: 25%. A 24h decline of 8% or more maps to the maximum component score of 100 in DVIX-0.1.

The number of blockchain addresses active within a given period. It can indicate usage, but it is not the same as the number of real users.

Describes whether a network or protocol is actually being used. Possible signals include TVL, active addresses, transactions, users or real integrations.

A string to which blockchain assets or tokens can be sent. An address is not automatically one person or one wallet entity.

Crypto projects related to artificial intelligence, such as compute infrastructure, agents, data or models. At Dudelytics, AI is both a narrative and a DPMI sector.

Repeatedly building up holdings. Onchain, an inflow pattern can look like accumulation, but without wallet and exchange context it does not prove a purchase.

A broad term for cryptocurrencies and tokens other than Bitcoin. The term says nothing about the quality or function of a project.

A market indicator of whether many large altcoins outperform Bitcoin over a defined period. It describes market breadth, not the quality of individual coins.

A standardized interface through which software systems exchange data. Dudelytics uses APIs server-side and also provides public data endpoints for parts of the DPMI.

A simple annualized rate of return. It normally does not include compounding and can change at any time.

The highest known price or value an asset has reached in its history so far.

The lowest known price or value an asset has reached in its history so far.

A technical security review of smart contracts or software by internal or external auditors. An audit can reduce risk, but it does not guarantee that a system is free of bugs.

History generated after the fact. For the DPMI, the initial backfill uses today’s basket and today’s weights; it does not reconstruct the historical composition that existed at the time.

The gap between a futures price and the spot price. A positive spread can indicate a futures premium; a negative spread can indicate a discount.

A transaction that bundles many recipients or payouts. On Bitcoin it can look like distribution even when many independent sellers are not involved.

A reference used for comparison. Dudelytics uses Bitcoin, the DPMI and other market indices, for example, to put performance into relative context.

A predefined, observable reference point for a particular score. Valuation anchors limit discretion, but they do not replace evidence.

At Dudelytics: In the Gems Score, intermediate values may be assigned only when the documented evidence falls between two published anchors.

The ratio of a market value such as market cap or FDV to an economic reference metric such as revenue, fees or TVL. A low multiple is meaningful only when the underlying metric is relevant and comparable.

At Dudelytics: Valuation multiples are one component of the undervaluation check, never the verdict on their own.

The first major cryptocurrency and the native asset of the Bitcoin network. Bitcoin is deliberately excluded from the DPMI and is used more as a market benchmark.

A confirmed batch of blockchain transactions. On Bitcoin, miners create new blocks; on Ethereum, the network validates blocks through Proof of Stake.

A distributed, cryptographically linked data structure in which transactions or states are stored continuously over time.

A protocol that transfers assets or messages between blockchains. Bridges can enable interoperability, but they also introduce their own technical risks.

An asset represented on another blockchain through a bridge that links it to the original asset. It is a representation, not automatically a new productive project.

Dominance measures an asset’s share of the total crypto market capitalization being considered. It shows market weight, not automatic capital flows.

Bitcoin’s share of the total crypto market capitalization being considered. Rising dominance does not automatically mean altcoins are falling.

A program that rewards security researchers for reporting vulnerabilities. It is a positive security signal, but not proof that a system is free of flaws.

A durable competitive advantage that makes a project harder to replace, such as network effects, liquidity, data, distribution or deep technical integration.

The permanent removal of tokens from available supply, usually by sending them to an unusable address or through protocol logic.

The question of what real problem a project solves and why users might continue to need it over time.

A project or protocol buying back its own token, often using fees or revenue. What matters is what happens to the repurchased tokens afterward.

A centrally operated crypto exchange where trading and custody are handled through an operator.

An approximation of observed exchange holdings based on publicly attributed wallets or Proof-of-Reserves data. It is not a complete measure of global exchange balances.

A method for continuing an index after a composition change without creating an artificial jump. The new basket is linked to the previous index level.

A strong Gems candidate that still lacks sufficient evidence, enough valuation headroom, or a fully passed gate.

At Dudelytics: Challengers are rechecked daily and are not silently promoted to Gems.

A Bitcoin output that returns change to the sender or the sender’s wallet. The largest output in a transaction can therefore be change rather than a payment to a recipient.

The amount of a token currently considered to be in circulation. It is an important basis for calculating market capitalization.

A broad crypto market index from CoinMarketCap. Dudelytics uses it as external comparison context alongside its own DPMI.

A coin is typically the native asset of its own blockchain. A token usually runs on an existing blockchain or platform; in everyday usage, the two terms are often mixed loosely.

Dudelytics’ assessment of known project quality across multiple criteria such as maturity, adoption, tokenomics, market quality, development, security and governance.

At Dudelytics: Coin Quality and data coverage are deliberately kept separate.

An asset pledged as security for a loan, position or protocol.

A saved change in a software repository. A large number of commits can indicate activity, but without context says little about quality or scope.

A view that deliberately goes against prevailing market sentiment. At Dudelytics, a Fear & Greed reading is explicitly not an automatic contrarian buy signal.

The Dudelytics rule that defines the actual market breadth covered by each data source. Data from a single exchange is not quietly presented as the entire market.

A situation where many market participants are heavily positioned on the same side. In derivatives, this can increase vulnerability to fast counter-moves and liquidations.

A fixed data reference time. A briefing cutoff ensures that a morning or evening report is not later rewritten retroactively with newer live data.

The central Dudelytics data layer. Collectors fetch data on schedule; views read local snapshots and should not have to wait for external providers.

Shows how much of the intended data basis for an assessment is actually available with sufficient reliability. It is not the same as the Quality Score.

Detecting and merging repeated reports about the same event so that a topic does not look artificially more important than it is.

Financial applications on blockchains, such as decentralized exchanges, lending protocols or derivatives, that operate largely through smart contracts.

An operating state in which a feature continues with reduced data coverage or the last valid data state because a source or sub-metric is temporarily unavailable.

At Dudelytics: During degradation, a missing value does not become 0. The last valid snapshot may remain visible while the reduced data situation is clearly marked.

The reduction of leveraged positions. It can happen voluntarily or through liquidations and can trigger strong short-term market moves.

Crypto networks that coordinate physical infrastructure such as compute, storage, wireless networks or sensors.

A financial instrument whose value depends on another asset. Crypto futures and perpetuals are common derivatives.

Publicly visible development activity such as commits, repositories or recency of updates. It is a quality signal, but not a complete view of a team.

A decentralized exchange where trading is handled through smart contracts and onchain liquidity rather than by a central operator.

A liquidity pool on a decentralized exchange through which a token or token pair can be traded onchain. A newly appearing pool shows activity or new tradability, but not automatically sustainable usage.

At Dudelytics: New DEX pools are an activity signal in the Speculative Heat sensor. They are not proof of adoption, quality or a good token.

The degree to which control, validation or governance is distributed across multiple independent participants. It is not a single yes-or-no metric.

The spreading or reduction of holdings. Onchain, an outflow pattern can look like distribution, but without additional context it does not prove a sale.

Two related market indicators move differently. A divergence is a reason to investigate, but not automatically a trading signal.

The Dudelytics Productive Market Index: an index of the 30 largest positively verified productive crypto projects under the Dudelytics methodology.

A daily observed-only comparison of the main DPMI with Bitcoin and the unfiltered total crypto market. All three series start together at 100 on the first complete 00:00 UTC daily point; there is no historical backfill.

At Dudelytics: At Dudelytics, 00:00 UTC is the shared daily cutoff. The DPMI uses the last real point at or shortly before the cutoff, BTC uses the completed CoinGecko daily point, and from DPMI-BENCH-1.1 onward the total market uses a CoinGecko/global snapshot observed prospectively around the cutoff. For each eligible cutoff-scheduler run, the total-market series gets at most two short provider requests with an eight-second timeout each; this does not extend the ±7-minute window. Primary finalization runs until 00:40 UTC. If the day remains incomplete, exactly one late-finalize attempt is allowed from 01:00 UTC, and it may only pull in data that had already been captured at the cutoff. Missing values remain gaps.

A comparison against the DPMI with the coin currently being analyzed removed. This measures relative strength without letting the coin move its own benchmark.

The Dudelytics index family consisting of the main DPMI, DPMI Holder Quality, the daily DPMI benchmark against Bitcoin and the total market, seven productive sector indices, plus the separate DPMI Fear & Greed sentiment indicator and Dude-VIX/DVIX stress index.

A Dudelytics sentiment and market-breadth score within the productive DPMI universe. It is not a general crypto Fear & Greed index and not a buy signal.

A DPMI index covering 30 assets from the evidenced class. It uses DPMI ranking, market-cap weighting, a 15% cap at rebalancing and monthly rebalancing; the quality classification determines the eligible universe rather than adding a separate quality weight.

At Dudelytics: “Holder Quality” does not mean the quality of individual wallet holders. It refers to evidenced structural linkage between product or protocol value and token holders.

A DPMI index for a productive sub-market such as Smart Contract Platforms, DeFi, RWA, AI, DePIN, Interoperability or Privacy & ZK. It is maintained separately from the main DPMI.

The DPMI sector index for productive programmable execution networks on which third parties can run smart contracts or applications. Inclusion follows the same curated eligibility and rebalancing logic used for the other DPMI sectors.

At Dudelytics: Missing older history is not retroactively presented as observed; the sector builds its own observed history from its live start.

A DVIX component measuring distance from recent highs. DVIX-0.1 equally combines the seven-day drawdown of the main DPMI with the median drawdown of the seven DPMI sectors.

At Dudelytics: Weight in DVIX: 20%. Combined drawdown pressure of 10% or more maps to the maximum component score of 100.

A mechanical market-stress index for the productive DPMI universe. DVIX-0.1 combines realized DPMI volatility, 24h downside shock, co-movement across the seven DPMI sectors and seven-day drawdown pressure into a score from 0 to 100.

At Dudelytics: Weights in DVIX-0.1: 35% realized volatility, 25% downside shock, 20% sector correlation and 20% drawdown pressure. Unlike the classic VIX, DVIX is not derived from option prices.

A dollar index describes the strength of the US dollar against a basket of currencies. A stronger dollar can weigh on risk assets, but the relationship is not mechanical.

The Dudelytics registry of positively reviewed DPMI candidates. It records items such as status, activity, productive class, token role, evidence, review date and sources.

An unscheduled removal of a problematic existing index component. It is intended for genuine exceptional cases, not for ongoing trading of the index.

Newly created tokens or coins. For supply development, what matters is how much is newly issued and how much is burned at the same time.

The queue of Ethereum validators waiting to enter staking. A large queue can indicate staking demand, but it is not direct evidence of buying.

A technical token standard on Ethereum. Many fungible Ethereum tokens follow this standard.

An exchange-traded fund that tracks an asset or basket. Crypto spot ETFs give institutional investors regulated market access without requiring direct custody of the coins.

Money flowing into or out of an ETF. Dudelytics treats net flows across trading days as institutional context, not as an automatic price signal.

Ethereum’s share of the total crypto market capitalization being considered.

The price of Ethereum relative to Bitcoin. If the ratio rises, ETH is outperforming BTC over the period; if it falls, ETH is underperforming.

The smart-contract blockchain and network behind ETH. Ethereum uses Proof of Stake and provides the foundation for many tokens and DeFi applications.

An umbrella term for exchange-traded products. ETFs are one subtype; depending on the market, crypto also has other ETP structures.

An onchain inflow to known or suspected exchange wallets. It can indicate willingness to sell, but can also reflect internal transfers, custody activity or other reasons.

An attribution of a blockchain address or wallet entity to a specific exchange. Without reliable labels, the purpose of a transfer remains uncertain.

An onchain outflow from known or suspected exchange wallets. It can accompany self-custody or accumulation, but it does not prove a purchase.

The amount of an asset held in observed exchange wallets or an equivalent proxy. It is not the same as the amount freely offered in the order book.

The queue of Ethereum validators waiting to leave staking. It describes protocol activity and is not automatic evidence of selling.

A safety and methodology principle: if a required positive check is missing or outdated, a DPMI candidate is not admitted.

A predefined backup path used when the preferred data source is temporarily unavailable. This can be a second source or the last valid local snapshot.

At Dudelytics: Fallbacks are meant to cushion outages, not invent data. Source, coverage and limitations remain visible.

A predefined, observable condition that would disprove or materially weaken a thesis.

At Dudelytics: A Gems thesis states not only its strengths, but also what would break it.

The theoretical valuation of a token if the assumed total or maximum supply were already circulating at the current price.

The ratio of fully diluted valuation to current market capitalization. A high value can indicate that a large amount of supply is not yet circulating.

A sentiment indicator that combines several market signals into a scale from fear to greed. It describes sentiment, not the future.

The total balance sheet of the US Federal Reserve. Changes can be part of the liquidity backdrop, but they are not a direct measure of crypto buying power.

Fees paid by users to a blockchain or protocol. High fees can indicate usage, but they do not automatically accrue to the token.

Copies or branches of a software repository on platforms such as GitHub. Many forks can show interest, but are not evidence of quality on their own.

The share of an asset that is actually freely tradable or available. An observed exchange-wallet balance is not automatically the same as free float in the order book.

A fixed data state for a report or reference time. A freeze prevents a historical morning or evening report from later being changed by live data.

An unusually favorable relationship between market price or valuation and demonstrable economic substance. A falling price alone is not fundamental undervaluation.

At Dudelytics: For a project to qualify as a Gem, the attractive valuation must be supported by usage, revenue, token linkage or similarly robust fundamental data.

A recurring balancing payment between long and short positions in many perpetual futures markets. Positive funding usually means longs pay shorts; negative funding usually means the reverse.

Derivatives used to trade an asset’s future price or a continuously tracked price exposure. They can provide leverage and do not require spot purchases.

Units used on Ethereum and similar networks to measure the computational work required for a transaction or smart-contract execution.

The fee paid to execute a blockchain transaction or smart contract.

A mandatory minimum condition. Failing a gate cannot be offset by a high average score.

At Dudelytics: For Gems, the rule is simple: pass all three gates first, then rank.

Markers users give to a public GitHub repository to save or endorse it. They show attention, but not automatically development quality.

Describes how strongly the seven DPMI sector indices move in the same direction at the same time. In DVIX it is measured through the average pairwise Pearson correlation of their hourly log returns over 48 hours.

At Dudelytics: High co-movement can indicate market-wide stress because diversification across sectors then contributes less. It is not a statement about the fundamental quality of projects.

The rules and processes through which changes to a protocol are decided. Tokens may carry voting rights, but they do not have to.

A time window shortly before the next scheduled Data Hub fetch. Dudelytics then avoids starting an unnecessary extra refresh.

An age threshold beyond which a Dudelytics data set is considered unusually old. The last valid state remains visible while a background refresh is attempted.

A visualization in which intensity or frequency is shown across an area. For liquidations, Dudelytics shows reported events and does not invent future liquidation zones.

Using borrowed or derivative capital to control a larger market position than the equity committed. Leverage magnifies both gains and losses.

A general term for a person or address holding an asset. Onchain data cannot reliably map addresses to individual people.

Dudelytics’ discovery and risk view for new candidates. It is methodologically separate from Coin Quality and weighs factors such as dilution, business case, adoption and value capture.

A calculated value that summarizes the performance of a defined basket according to fixed rules.

A component’s share of an index. The higher the weight, the more strongly its price movement affects the index level.

The current calculated value of an index. The DPMI’s productive live start was normalized to a base of 100.

Net inflationary means more new coins are created than destroyed. Net deflationary means more are destroyed than newly issued.

On Bitcoin, an input references a previously unspent output that is now being spent.

Technologies that allow blockchains, protocols or applications to communicate with one another.

The third Gems gate: the fundamental valuation must be unusually attractive and traceable to robust reference metrics.

At Dudelytics: Market declines or a low coin price explicitly do not satisfy the Investment Gate on their own.

A compact text format for structured data. Dudelytics also publishes parts of the DPMI data as JSON.

Combining many smaller Bitcoin UTXOs into fewer larger outputs in a single transaction. This can be routine wallet management and is not a buy signal.

An umbrella term for assets represented digitally through blockchain or similar systems, including coins and tokens.

A standalone base blockchain with its own consensus and settlement layer, such as Ethereum or Solana.

An additional scaling layer that processes transactions outside or on top of a base blockchain and returns the results to it.

Crypto lending in which assets are lent out or posted as collateral. In DeFi, this is often handled through smart contracts.

A token representation of a staked position. It makes staked assets tradable or usable, but methodologically it is not the same as an independent productive base project.

The forced closing of a leveraged or collateralized position because the posted collateral is no longer sufficient.

A display of reported liquidation events by market side and size. It shows realized stress, not automatically future liquidation zones.

How easily an asset can be traded without moving the price sharply. Higher liquidity generally means tighter spreads and better execution.

A position that benefits from rising prices. With leveraged longs, falling prices can trigger liquidations.

The ratio of long to short positions or accounts from a data source. It shows positioning bias, but not the exact size of all positions.

A term for Bitcoin holdings, or their holders, that have been held for a long period. The age threshold depends on the methodology being used.

The broader economic backdrop, such as interest rates, the dollar, liquidity or market stress. These variables can influence crypto, but not mechanically.

An asset’s price multiplied by the circulating supply being used. It is a size measure, not the amount of money that actually flowed into the asset.

An asset’s rank by market capitalization within the data source being used.

Describes how broadly a market move is supported across many assets. An index can rise despite weak breadth if a few large components dominate.

An assessment designed to avoid confusing broad market direction with project quality. Relative and fundamental reference points are used to filter out market-wide price moves where possible.

At Dudelytics: A coin does not become a Gem merely because the entire market has fallen.

A persistent market environment, such as broad risk-on, defensive, volatile or trendless conditions. A regime is context, not a point forecast.

The maximum possible token supply, if the protocol defines a fixed upper limit at all.

A token whose value and demand are driven mainly by memes, community or speculation rather than by a necessary productive protocol function.

The waiting area for valid Bitcoin transactions that have not yet been included in a block.

The creation or issuance of new tokens or token representations according to a protocol’s rules.

A market theme used to group multiple projects, such as RWA, AI or DePIN. A strong narrative can provide a tailwind, but it is not proof of quality.

Dudelytics’ assessment of how strongly a market segment is performing relatively and across several time horizons. It changes neither Coin Quality nor Hot or Not.

Newly issued supply minus burned supply. A negative value is net deflationary; a positive value is net inflationary.

Inflows minus outflows over a defined window. Positive means net movement in, negative means net movement out; interpretation always depends on exactly what is being measured.

A computer participating in a blockchain network that verifies, relays or serves data. Not every node produces new blocks.

A label for a data point that was actually measured and stored after the productive launch. Dudelytics strictly separates observed data from backfill generated later.

The four values of a candlestick: open, high, low and close. For DPMI candles, these are derived from stored index points within a time bucket, not from exchange prices.

Data or activity that is directly visible and traceable on a blockchain.

The total value or total number of derivative positions still open at a data source. Rising OI means more open leverage, but not automatically its direction.

A service or network that makes external data, such as prices, available to smart contracts.

A list of current buy and sell offers on an exchange by price and size. It shows offered liquidity, not all assets held by the exchange.

The flow of actually executed buy and sell orders. Dudelytics uses taker flow, among other metrics, as a short-term pressure sensor.

On Bitcoin, a transaction result that ties a specific BTC amount to a spending condition. An output that has not yet been spent is a UTXO.

The 90th and 99th percentiles of a distribution. Only 10% and 1% of the observed values, respectively, lie above them.

A shift in relative performance and activity between market groups. It describes which group is doing better or worse, but does not automatically measure actual capital flows between those groups.

At Dudelytics: In Speculative Heat, rotation explicitly means relative performance and activity — not a directly measured flow of money.

A rare project that combines a strong, hard-to-copy product, a sensible value-creating token, and an unusually attractive fundamental valuation.

At Dudelytics: A Gem requires at least 80 out of 100 points and all three gates passed. The list is allowed to be empty.

An automated Dudelytics review run that reassesses existing Gems, Challengers and new candidates using the same published methodology.

At Dudelytics: The daily run starts after the data cutoff. Results and material changes are logged visibly.

A score from 0 to 100 that ranks eligible Gems candidates by project quality, token usefulness and fundamental valuation.

At Dudelytics: The score does not replace a gate. Missing evidence is not invented, and an open gate remains open.

A daily recheck of existing Gems and Challengers for changes in score, rank, evidence and gate status.

At Dudelytics: A confirmed Gem does not keep its status automatically. A documented gate failure moves it to former Gems.

A futures-like derivative with no fixed expiry date. Funding payments help keep its price close to the spot market.

A threshold within a sorted distribution. The 99th percentile, for example, marks a value below which 99% of observations lie.

How market participants are distributed between long and short. Single-exchange data shows only the portion covered by that particular source.

Markets in which participants trade on the outcomes of future events. At Dudelytics, this can be treated as a crypto narrative.

The original source of information, such as an official project document, governance proposal or developer repository. Dudelytics gives primary sources more weight than mere aggregators.

Technologies that make data, identities or transactions more confidential. Dudelytics separates productive privacy infrastructure from pure privacy payment coins.

The central, versioned statement of what Dudelytics publicly is in practice and which features or product promises currently apply. It is also published in machine-readable JSON form.

At Dudelytics: The public Product Truth deliberately contains no private candidate, shadow or server data.

The DPMI admission check that accepts a candidate only after positive verification as a productive protocol, network or application.

The Dudelytics term for the functional or productive part of the crypto market: active protocols, infrastructure, applications and real usage rather than mere asset representations.

The first Gems gate: the project must be substantial, actually used, hard to copy and economically relevant.

At Dudelytics: A popular narrative or a high market capitalization is not enough.

A method through which a custodian or exchange publicly demonstrates reserves or wallet holdings. It does not automatically show all liabilities or the full amount available for trading.

A consensus mechanism in which validators commit capital to secure the network and confirm blocks.

A consensus mechanism in which miners perform computational work to produce blocks and secure the network.

A formal change proposal within a governance structure. Proposal activity can indicate that governance is actually being used.

A rule system or application on a blockchain that provides specific functions, such as trading, lending, staking or interoperability.

An approximation used when the desired quantity cannot be measured directly and completely. A good proxy must be clearly labeled as such.

A unit for the absolute difference between percentage values. A move from 20% to 25% is +5 percentage points, but +25% in relative terms.

A publicly usable product phase in which Dudelytics can already be used for real, while development continues and individual features may still change, have limits or retain rough edges.

At Dudelytics: Public Preview does not mean a raw prototype: the product is publicly usable, but not every detail is promised as final yet.

The overall Dudelytics score from 0 to 100 across the known quality criteria of a project. Missing data is not simply counted as zero points.

Access in which data can be read but not modified through the same interface. Public Dudelytics data endpoints provide information without write access to internal systems.

At Dudelytics: The public DPMI data is read-only. The fact that it can be read is not a blanket license to mirror or resell the data feed.

Volatility actually observed from past price movements. In DVIX, RV24 is the realized volatility of the main DPMI calculated from hourly log returns over 24 hours.

At Dudelytics: Weight in DVIX: 35%. DVIX-0.1 scales RV24 non-linearly: the component score rises with RV to the power of 1.5 and is capped at 100.

A scheduled recalculation of an index composition and its weights. The main DPMI is rebalanced monthly.

A recovery after a previous decline. A short-term rebound can look strong without yet marking a durable trend reversal.

Compares the performance of an asset or sector with a benchmark over the same period. It measures outperformance or underperformance, not fundamental quality.

Systematic assessment of project news, primary sources and specialist media. At Dudelytics, a news headline is not automatically fed into a Quality or Trend score.

Reusing already staked assets or security commitments to help secure additional protocols. This can create extra yield and extra risk.

Income that accrues to a protocol, organization or token holders under a defined mechanism. Revenue is not automatically the same as user-paid fees.

Fees are charges paid by users; revenue is the portion of economic income that remains with the protocol or entitled recipients under a specific protocol mechanism. The two should not be treated as automatically identical.

Risk-on describes greater willingness to hold risky assets; risk-off describes a more defensive market phase. Crypto often reacts to this backdrop, but not always in the same way.

The percentage return relative to the capital invested. Without a time period and risk context, the figure says little about quality.

A technical interface through which applications query a blockchain node or call standardized node functions. Public RPC providers can therefore supply onchain data.

At Dudelytics: Dudelytics uses public Ethereum and Bitcoin RPC providers, among other routes, as data paths and fallbacks. A single provider is not the blockchain itself.

The Federal Reserve’s overnight reverse repo facility. It absorbs short-term liquidity and is used by Dudelytics as one component of the US Liquidity Proxy.

Crypto projects that represent real-world assets or traditional financial instruments onchain, or provide infrastructure for doing so. Dudelytics separates RWA protocols from mere tokenized assets.

A server-side scheduler that runs collectors at regular intervals. This refreshes Data Hub information in advance rather than only when a page is opened.

A Dudelytics Trend Radar score for a potentially very dynamic candidate outside the Top 3. It is a discovery signal, not a Quality Score.

The technical and organizational security of a project, including audits, security processes, bug bounties and known incidents.

The average of the 21 pairwise Pearson correlations between hourly log returns of the seven DPMI sector indices over 48 hours. It measures how strongly the sectors move together.

At Dudelytics: Weight in DVIX: 20%. In DVIX-0.1, correlation stress starts above 0.55 and reaches a component score of 100 at 0.90.

Describes how many DPMI sectors participate in a market move. Broader participation makes a sentiment reading more robust.

A summary of market mood. Sentiment can become extremely positive or negative, but it is not a reliable predictor of the next price move.

A technically necessary browser cookie that recognizes a secure logged-in session across multiple page views. It is not the same as an advertising or profiling cookie.

At Dudelytics: The Web App session cookie is used for secure authentication. Dudelytics does not use it to build advertising profiles or for its own marketing cookies.

A position that benefits from falling prices. With leveraged shorts, rising prices can trigger liquidations.

Dudelytics’ assessment of how robust a trend or narrative signal is based on the available data. It is not the same as Coin Quality.

The difference between the expected price of an order and the price at which it is actually executed. Low liquidity and large orders often increase slippage.

The relative performance of smaller market-cap assets within a defined group. It shows whether smaller assets are doing better or worse than a comparison base over the period.

At Dudelytics: In Speculative Heat, Dudelytics compares the smaller half of a broad speculative group with the DPMI — not as a blanket judgment on all small caps.

A program that runs on a blockchain and executes rules automatically. DeFi protocols often consist of multiple smart contracts.

A stored data state from a specific point in time. When appropriate, Dudelytics shows the last good snapshot immediately and refreshes data separately in the background.

An age threshold beyond which data is no longer optimally fresh. Dudelytics may refresh it in the background while still showing the existing state immediately.

A separate Dudelytics market-condition sensor outside the DPMI methodology. It combines meme/hype momentum, relative small-cap performance, 24h turnover intensity and newly observed DEX pools.

At Dudelytics: High Speculative Heat is neither a quality judgment nor a buy signal. Missing components remain unknown and are not scored as 0.

The direct purchase or sale of the underlying asset with immediate delivery or account credit, as opposed to a derivative.

An ETF that tracks the underlying asset directly or through an equivalent spot structure rather than relying only on futures.

A token designed to maintain a relatively stable value against a reference such as the US dollar. Stablecoins are excluded from the DPMI.

Locking or committing coins or tokens to help secure a Proof-of-Stake network or perform protocol-specific functions. Rewards may be paid in return.

Marks a data state that is older than expected for its own source or update cadence. Whether a value is stale therefore depends on the particular data source.

At Dudelytics: An older but valid trading day is not automatically stale. Dudelytics evaluates freshness relative to the source and its publication rhythm.

An asset whose main function is intended to be preserving value over time. Dudelytics excludes pure store-of-value coins without an additional productive protocol function from the DPMI.

A general term for the amount of a token that exists or is available. It matters whether circulating, total or maximum supply is meant.

A direct exchange of one token for another, often through a DEX and a liquidity pool.

The share or volume of aggressive buys that consume existing sell orders from the order book. It shows short-term buying pressure, not long-term conviction.

The short-term order flow of aggressive buyers and sellers who take existing orders from the order book.

The share or volume of aggressive sells that consume existing buy orders from the order book.

A phase in which an indicator is still filling its longer time windows with real observations. Dudelytics does not artificially extrapolate missing history.

The US Treasury’s cash balance at the Federal Reserve. Changes can shift liquidity between the government’s account and the financial system.

A time interval in which multiple measurements are grouped into one chart candle, for example one hour or one day.

Dudelytics classifies the link between project success and the token conservatively, for example as direct, structural, indirect, not yet demonstrated or unknown.

The second Gems gate: the token must have a meaningful role and a traceable link to usage or economic value creation in the project.

At Dudelytics: A strong product with an interchangeable token, or a token detached from value creation, does not pass the Token Gate.

A blockchain representation of another asset, such as a stock, gold or a fund share. Dudelytics does not automatically treat the represented asset itself as a productive protocol.

The rules around a token’s supply, issuance, distribution, unlocks, incentives and economic role.

The specific function of a token within a project, such as gas, staking, governance, fee rights, collateral or incentive mechanics.

The total number of tokens created minus units permanently destroyed, depending on the data source and protocol definition.

A state change on a blockchain, such as a transfer or smart-contract call.

The number of observed blockchain transactions over a period. More transactions can indicate usage, but alone say little about economic value.

Assets managed by a project, protocol or organization. Treasury size and use can matter for governance and sustainability.

The Dudelytics section that compares the strength of several crypto narratives and highlights notable projects within them.

Trading volume relative to market size. Dudelytics uses it as a measure of trading activity, not as a direct directional forecast.

The value of assets locked in a DeFi protocol or blockchain. TVL shows capital commitment and usage, but not automatically revenue or token value.

The share of the assumed total or maximum supply that is already circulating. A low share can point to future dilution.

Describes how intensely an asset trades relative to its market size. High turnover intensity can indicate strong activity, but by itself says nothing about direction, quality or sustainable demand.

At Dudelytics: The 24h turnover intensity is an activity and liquidity proxy and one of the components of Speculative Heat.

The release of previously locked tokens, for example for a team, investors or ecosystem incentives. Large unlocks can change the tradable supply.

A schedule of planned token releases. If no reliable source exists, Dudelytics deliberately does not show an invented calendar.

The yield on ten-year US Treasury securities. It is an important global interest-rate and valuation benchmark and can influence risk assets.

A Dudelytics approximation built from the Fed balance sheet, the Treasury cash balance and Overnight Reverse Repo. It is explicitly not a complete measure of global liquidity.

A Bitcoin transaction output that has not yet been spent. A wallet can consist of many UTXOs; their structure can provide clues about consolidation or distribution.

A participant in a Proof-of-Stake network that validates or proposes blocks according to protocol rules and posts stake to do so.

The question of whether, and how, a project’s economic success reaches the token, for example through gas demand, staking, fee rights, buybacks or burns.

An increase in effective token supply or fully diluted valuation relative to today’s circulating supply. Circulating share, FDV and unlock structure are key factors.

The time-based or condition-based release of tokens, often for teams, investors or ecosystem programs.

An index of volatility expected by the options market in US equities. It is often read as a measure of market stress or uncertainty.

At Dudelytics: Do not confuse it with Dudelytics Dude-VIX/DVIX: the classic VIX is derived from option prices, while DVIX measures observed stress inside the DPMI universe.

The magnitude and frequency of price movements. High volatility means larger swings, not automatically falling prices.

At Dudelytics: DVIX uses realized volatility from observed DPMI movements; it is not an option-implied expectation.

The value or amount of assets traded during a period. High volume can indicate activity and liquidity, but does not automatically indicate direction.

The ratio of trading volume to market capitalization. It shows how intensely an asset trades relative to its size.

Software, hardware or a system used to manage cryptographic keys and blockchain addresses. One wallet can control many addresses.

An attempt to attribute multiple addresses to the same organization or wallet. Without reliable labels, this relationship must not simply be assumed.

An informal term for a very large market participant or a very large address. Size alone proves neither identity nor an informational advantage.

The Dudelytics section for unusually large onchain movements, repeated address patterns, and supporting holder/exchange proxies. Movement is deliberately not interpreted automatically as buying or selling.

A dynamic threshold above which an observed transaction is considered unusually large in Whale Radar. Dudelytics uses distributions such as p90 or p99 rather than only fixed nominal amounts.

A tokenized representation of another asset on the same or a different technical layer, such as WETH for ETH. Wrapped tokens are excluded from the DPMI as pure asset representations.

A Dudelytics measure of how fully the longer time windows of a time-dependent score have already been populated with real observations.

Cryptographic techniques that allow a statement to be proven without revealing all underlying information. ZK can be used for privacy and scaling.

A cryptographic proof in the zero-knowledge context. A prover creates the proof; a verifier checks it.

A controlled group of Public Preview slots that is opened gradually so stability and load can be observed; when capacity is full, a waitlist can take over.

At Dudelytics: Access waves do not limit the feature set available to individual admitted users; they control how many accounts are admitted at the same time.