Glossary
Liquidity
How much can be traded without moving the price.
Liquidity is depth, not volume. A market can turn over heavily and still be thin if the resting orders are small. It is also conditional: the depth visible in calm markets is frequently the first thing to disappear in volatile ones.
Related terms
Decentralised Exchange, Automated Market Maker, Liquidation, Market Capitalisation, Fully Diluted Valuation