Glossary
Terms used across the latest Deepstate protocol and official interface.
| Term | Meaning |
|---|---|
| Activation | The first nonzero top order that starts one rewarder side's finite wall-clock schedule |
| Ask | In market notation, an order selling the first named asset for the second |
| Best ask | Lowest-priced current ask in a book |
| Best bid | Highest-priced current bid in a book |
| Bid | In market notation, an order buying the first named asset with the second |
| Book | One token pair's isolated order tree for an epoch |
buyFees | Permissionless vault call that sells complete listed fee balances for exactly 10,000 USDG |
| Claimant registration | Engine-verified caching of an order owner before cancellation deletes the ownership record |
| DEEP | 18-decimal NVDA/USDG reward token and STATE deposit token |
| Deep State Incorporated | Operator of deepstate.sh, listings, and any optional official-interface fee |
| Deepstate Protocol | The permissionless deployed contract system |
| Emission ceiling | Maximum prefunded DEEP a rewarder side can accrue by a timestamp before quantity scaling |
| Epoch | An isolated generation of a pool's book state |
| Fee asset | An ERC-20 or native ETH balance held by the vault and eligible for explicit redemption or buyFees |
| Full-reward quantity | Maker sold amount required for 100% of a side's scheduled reward ceiling |
| Hook | Optional per-pool callback invoked after a canonical top-of-book transition |
| Interface fee | Optional fee charged by a frontend or aggregator, outside the protocol fee |
| Market ask | Maker sells the first named asset and buys the second |
| Market bid | Maker buys the first named asset and sells the second |
| NVDA | 18-decimal tokenized NVIDIA asset in the launch market |
| Pool | Permissionless market for one sorted token pair |
| Prefunded allocation | The 1 billion DEEP balance minted into the NVDA/USDG rewarder at deployment |
| Protocol fee | Router-enforced fee on matched taker output, governed by STATE |
redeemAssets | STATE exit that pays pro-rata balances of a caller-supplied asset list |
redeemValue | STATE exit that pays pro-rata USDG |
| Sold amount | Live collateral offered by a maker: quote token for a bid and base token for an ask |
| STATE | 18-decimal ERC20Votes vault share minted by burning DEEP |
| Superior price | The mechanically best executable price in a Deepstate book |
| USDG | 6-decimal quote token, vault value token, and buyFees payment token |
Sorted-token warning
The engine sorts token addresses and uses internal isBid semantics around token0. Market-facing documentation uses conventional pair notation such as NVDA/USDG. Integrators must not assume those orientations are identical.