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E

Crypto, trading and market making terms from the Motion Trade glossary. Each definition explains the term in plain language and links to related guides.

ERC-1155

A multi-token standard on Ethereum that allows a single contract to manage multiple fungible and non-fungible token types.

ERC-20

A technical standard for fungible tokens on the Ethereum blockchain.

ERC-721

A standard for non-fungible tokens (NFTs) on Ethereum.

EVM (Ethereum Virtual Machine)

The runtime environment for executing smart contracts on the Ethereum blockchain.

Exchange

A platform where cryptocurrencies are bought, sold, or traded.

Execution Quality

A measure of how efficiently and fairly trades are executed, including slippage, speed, spread, and price accuracy.