A
Aggregator A service that compares multiple liquidity sources and constructs an execution route. C1 can sit alongside AMMs, RFQ sources, intent liquidity and other venues. AMM (Automated Market Maker) A smart-contract exchange that derives prices from pool reserves using a formula such as the constant-product invariantx · y = k.
Anchor band A tolerance that governs how a C1 pool’s protected anchor may move relative to oracle-derived market readings. It is not a hard execution band that every fill must remain inside.
Approved quote asset An ERC-20 asset approved by the Market for settlement on a relevant chain. It is specified on each C1 quote and execution call.
C
C1 Pool FlowState’s core liquidity primitive: one single-sided inventory pool per token, able to accept multiple approved quote assets selected per trade. Its execution rate is oracle-derived rather than determined by a bonding curve. Constant-product formula An AMM invariant, commonly expressed asx · y = k, under which trades change the reserve ratio and move the execution price along a curve.
D
Distribution network The routing, intent, RFQ, direct-integration and other execution surfaces through which external buyer demand can reach shared C1 inventory.E
EVM (Ethereum Virtual Machine) The execution environment used by Ethereum and compatible networks. FlowState’s C1 contracts are deployed on EVM chains.F
FIFO (contributor first-in, first-out) The order in which deposited C1 inventory is consumed. Positions and proceeds are tracked per depositor. Filler / Solver / Resolver A party that fulfils an intent and sources the output asset owed to the swapper. It can purchase that output from C1 during settlement. Full-position execution Completion of an inventory provider’s entire deposited position. In C1 this is progressive as external buyer demand arrives; it is distinct from atomic settlement of each individual fill.I
Impermanent loss Divergence loss associated with rebalancing two-sided AMM liquidity. A C1 depositor supplies single-sided token inventory rather than an AMM liquidity position. Integration partner A party contributing routing, execution, integrations, business development, inventory origination or other commercial value. Commercial terms are agreed per integration and are not fixed by this definition. Intent system An execution model in which users specify desired outcomes and solvers, fillers or resolvers compete or coordinate to satisfy them. Inventory origination Bringing eligible sell-side token inventory into the FlowState liquidity layer, directly or through a partner platform.L
Liquidity layer The role FlowState plays between concentrated token inventory and existing market demand. C1 aggregates seller inventory while execution and distribution integrations give external buyers routes into that inventory. Liquidity provider A party that supplies assets to an execution venue. C1 inventory providers deposit a single token and remain exposed to timing, token-market and smart-contract risk while inventory is unfilled.M
Market contract The C1 integration entry point for quote and buy calls. Every current quote and execution path names the per-token pool and the approved quote asset.O
Oracle An on-chain source or mechanism for deriving a market reference rate. C1 uses an oracle-derived rate rather than its own reserve balance for price formation.P
Pool-induced price impact A change in execution price caused by moving through a liquidity pool’s bonding curve or reserve state. C1 fills do not have this form of price impact because pool reserves do not set the rate. Professional inventory Concentrated token positions held by foundations, treasuries, funds, investors, founders, teams, advisors, market makers or other professional holders.Q
Quote The current output ofquoteBuyFromPool(pool, asset, amount). A quote does not reserve inventory or guarantee later execution.
Quote asset The approved ERC-20 used to pay for a fill, specified per trade. A single C1 Pool can accept multiple approved quote assets. Native ETH is not accepted directly by the C1 Market.