OpusfundLearnAnswers
Glossary

The words your fund uses.

Every term, A to Z, in plain words. Each one links to the guide or answer that explains it properly.

A
AI hedge fundOne AI runs the whole desk inside your rules.AutopilotThe fund trades on the rhythm you set.
C
ChairYou. You set direction; you never place a trade.ComboSeveral legs in one bet, all must hit.ConvictionHow sure your CEO is that its own price is right.Conviction floorThe minimum confidence before it bets at all.
E
EdgeA nameable reason the market price is wrong.Expected valueWhat a bet is worth on average, over many tries.
F
Funding rateThe recurring payment that keeps a perp near spot.
G
GasThe network toll, which you never pay.GaslessTrades relayed so the chain fee never reaches you.GuardrailsHard limits your CEO cannot cross.
L
LeverageBorrowed size. It multiplies losses as fast as gains.LiquidityHow much you can trade before you move the price.
M
Maker fee0.5%. You rested on the book and added liquidity.Morning memoThe daily briefing: what it did overnight, and why.
N
Non-custodial walletYour keys. No one else can move your money.
P
ParlaySee Combo, several legs, every one must land.PerpA directional bet on a price, with no expiry.PolygonThe chain your USDC sits on and trades run through.PolymarketThe prediction market the fund starts on.Position sizingHow much to stake, the call that decides survival.Prediction marketA market on a real-world question, priced in cents.ProbabilityA price of 62¢ is the crowd saying 62%.
R
ResolutionHow a market settles, and on whose rules.Risk-to-rewardWhat a bet can lose against what it can win.
S
SlippageThe gap between the price you saw and the one you got.SpreadThe distance between the best buy and best sell.StablecoinA digital dollar, designed to stay worth $1.
T
Take profitSelling before resolution, once the price moved.Taker fee1%. You filled an order that was already there.
U
USDCThe dollar your fund holds and trades with.
W
Whitelisted walletThe only addresses your money can ever leave to.
Y
Yes / No sharesA correct share pays $1. A wrong one pays nothing.