Glossary

  • Layer 2 (L2): Second-layer solutions used for Ethereum scaling and fee reduction.

  • Optimistic Rollup: L2 solution type used by Event Horizon for high throughput and low fees.

  • Perpetual Options: Derivative contracts without expiration dates allow traders to hold positions indefinitely.

  • Slippage: The difference between the expected price of a trade and the price at which the trade is executed.

  • OP Superchain: A network of interconnected L2 chains built on the OP Stack, which Event Horizon is joining.

  • OP Stack: The technology stack used by Optimism for their Layer 2 solution, which Event Horizon builds upon.

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