# Multiswap Glossary * **Allocation**: The distribution of tokens in an output, represented as a percentage of each token involved in the transaction. * **Asset Fee:** A fee charged for using the liquidity of a specific asset, with collected fees being paid to liquidity providers as an incentive. * **Asset Token:** A token owned by users that represents their holdings. * **Basis Point**: A unit representing price movements, where one basis point equals 0.01% * **Fees Paid:** The total fees traders pay liquidity providers for using their provided liquidity. * **Impermanent Loss (IL)**: A temporary loss experienced by LPs when providing liquidity to a pool in AMMs, occurring when the price of tokens in the pool changes compared to their initial deposit price. * **Loss Versus Rebalancing (LVR)**: A performance metric that compares the potential returns of holding assets in a pool against returns from periodically rebalancing the assets outside the pool, helping LPs evaluate their investments in an AMM. * **Minimum Received:** The lowest amount a trader can expect to receive after a trade is executed, accounting for price impact and fees. * **Pool (LP) Token:** A token representing a liquidity provider's share of the liquidity in a pool * **Pool Weight:** The proportion of each token in the pool, expressed as a percentage, indicating its relative importance within the pool. * **Post-Trade Price**: Price that has been calculated **with** consideration for the trade that will be executed * **Pre-Trade Price**: Price that has been calculated **without** consideration for the trade that will be executed * **Price Impact:** Also known as slippage, this refers to an asset's price change resulting from a trade execution, which can affect the final received amount. * **Reserve**: The total liquidity reserves held in the AMM for each token, used to facilitate trades * **Total Sell Value**: Total value of assets sold to the AMM. * **Token List**: List of tokens available on Multiswap. * **Value (After Fees):** The calculated value of a token after accounting for fees, representing the net value received by the trader. * **Value (Before Fees):** The calculated value of a token before accounting for any associated fees. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.caval.re/faq/multiswap-glossary.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.