OGGlossary OSVocabulario de Solana reconstruido para builders.
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DeFi

Bad Debt

Debt in a lending protocol where the collateral value has fallen below the outstanding borrow value, making the position impossible to liquidate profitably. Bad debt occurs during extreme market crashes when liquidators cannot act fast enough or when oracle prices become stale. The protocol or its insurance fund must absorb bad debt losses. Kamino's Scam Wick Protection aims to reduce bad debt from price manipulation.

IDbad-debt
Lectura rápida

Lectura rápida

Empieza por la explicación más corta y útil antes de profundizar.

Debt in a lending protocol where the collateral value has fallen below the outstanding borrow value, making the position impossible to liquidate profitably. Bad debt occurs during extreme market crashes when liquidators cannot act fast enough or when oracle prices become stale. The protocol or its insurance fund must absorb bad debt losses. Kamino's Scam Wick Protection aims to reduce bad debt from price manipulation.

Modelo mental

Modelo mental

Usa primero la analogía corta para razonar mejor sobre el término cuando aparezca en código, docs o prompts.

Piensa en esto como una mecánica de mercado usada para poner precio, rutear o mover capital en apps de liquidez.

Contexto técnico

Contexto técnico

Ubica el término dentro de la capa de Solana en la que vive para razonar mejor sobre él.

AMMs, routing, liquidez, préstamos e infraestructura de trading.

Por qué le importa a un builder

Por qué le importa a un builder

Convierte el término de vocabulario en algo operacional para producto e ingeniería.

Este término desbloquea conceptos adyacentes rápido, así que funciona mejor cuando lo tratas como un punto de conexión y no como una definición aislada.

Handoff para IA

Handoff para IA

Usa este bloque compacto cuando quieras dar contexto sólido a un agente o asistente sin volcar toda la página.

Bad Debt (bad-debt)
Categoría: DeFi
Definición: Debt in a lending protocol where the collateral value has fallen below the outstanding borrow value, making the position impossible to liquidate profitably. Bad debt occurs during extreme market crashes when liquidators cannot act fast enough or when oracle prices become stale. The protocol or its insurance fund must absorb bad debt losses. Kamino's Scam Wick Protection aims to reduce bad debt from price manipulation.
Relacionados: Liquidación, Préstamo, Oracle Staleness
Glossary Copilot

Haz preguntas de Solana con contexto aterrizado sin salir del glosario.

Usa contexto del glosario, relaciones entre términos, modelos mentales y builder paths para recibir respuestas estructuradas en vez de output genérico.

Abrir workspace completa del Copilot
Explicar este código

Opcional: pega código Anchor, Solana o Rust para que el Copilot mapee primitivas de vuelta al glosario.

Haz una pregunta aterrizada en el glosario

Haz una pregunta aterrizada en el glosario

El Copilot responderá usando el término actual, conceptos relacionados, modelos mentales y el grafo alrededor del glosario.

Grafo conceptual

Ve el término como parte de una red, no como una definición aislada.

Estas ramas muestran qué conceptos toca este término directamente y qué existe una capa más allá de ellos.

Rama

Liquidación

The process of repaying a borrower's debt by selling their collateral when their position's LTV exceeds the liquidation threshold. Liquidators (typically bots) repay a portion of the debt and receive the collateral at a discount (liquidation bonus, typically 5-10%). Liquidation keeps lending protocols solvent. On Solana, liquidation bots compete via Jito bundles.

ColateralLTV (Loan-to-Value)
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Rama

Préstamo

A DeFi protocol that enables users to deposit tokens to earn yield and borrow tokens against collateral. Key Solana lending protocols include Solend, MarginFi, Kamino, and Save (formerly Solend v2). Lending rates float based on utilization (borrowed/deposited). Deposits receive interest-bearing receipt tokens representing their share.

Toma de Préstamo
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Rama

Oracle Staleness

The condition where an oracle price feed has not been updated within an acceptable time window, making the price data potentially unreliable. Stale prices can lead to incorrect liquidations, mispriced trades, or exploitable arbitrage. Solana DeFi protocols must check the timestamp of oracle updates and reject or pause operations when prices exceed a staleness threshold (e.g., 30 seconds for Pyth feeds).

OráculoFeed de Precios
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Siguientes conceptos para explorar

Mantén la cadena de aprendizaje en movimiento en lugar de parar en una sola definición.

Estos son los siguientes conceptos que vale la pena abrir si quieres que este término tenga más sentido dentro de un workflow real de Solana.

DeFi

Liquidación

The process of repaying a borrower's debt by selling their collateral when their position's LTV exceeds the liquidation threshold. Liquidators (typically bots) repay a portion of the debt and receive the collateral at a discount (liquidation bonus, typically 5-10%). Liquidation keeps lending protocols solvent. On Solana, liquidation bots compete via Jito bundles.

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DeFi

Préstamo

A DeFi protocol that enables users to deposit tokens to earn yield and borrow tokens against collateral. Key Solana lending protocols include Solend, MarginFi, Kamino, and Save (formerly Solend v2). Lending rates float based on utilization (borrowed/deposited). Deposits receive interest-bearing receipt tokens representing their share.

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DeFi

Oracle Staleness

The condition where an oracle price feed has not been updated within an acceptable time window, making the price data potentially unreliable. Stale prices can lead to incorrect liquidations, mispriced trades, or exploitable arbitrage. Solana DeFi protocols must check the timestamp of oracle updates and reject or pause operations when prices exceed a staleness threshold (e.g., 30 seconds for Pyth feeds).

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DeFi

Basis Points

Unit of measurement equal to 0.01% (one hundredth of a percentage point). 100 bps = 1%. Used across DeFi for swap fees, protocol fees, and yield spreads. Token-2022's transfer fee extension configures fees in basis points.

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Comúnmente confundido con

Términos cercanos en vocabulario, acrónimo o vecindad conceptual.

Estas entradas son fáciles de mezclar cuando lees rápido, haces prompting a un LLM o estás entrando en una nueva capa de Solana.

DeFibond-duration

Bond Duration

Measure of a bond's price sensitivity to interest rate changes, in years. A 5-year duration bond falls ~5% per 1% rate rise. Short-duration instruments (T-bills, MMFs) have minimal duration risk, explaining their dominance in on-chain RWA adoption.

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Términos relacionados

Sigue los conceptos que realmente le dan contexto a este término.

Las entradas del glosario se vuelven útiles cuando están conectadas. Estos enlaces son el camino más corto hacia ideas adyacentes.

DeFiliquidation

Liquidación

The process of repaying a borrower's debt by selling their collateral when their position's LTV exceeds the liquidation threshold. Liquidators (typically bots) repay a portion of the debt and receive the collateral at a discount (liquidation bonus, typically 5-10%). Liquidation keeps lending protocols solvent. On Solana, liquidation bots compete via Jito bundles.

Abrir término
DeFilending

Préstamo

A DeFi protocol that enables users to deposit tokens to earn yield and borrow tokens against collateral. Key Solana lending protocols include Solend, MarginFi, Kamino, and Save (formerly Solend v2). Lending rates float based on utilization (borrowed/deposited). Deposits receive interest-bearing receipt tokens representing their share.

Abrir término
DeFioracle-staleness

Oracle Staleness

The condition where an oracle price feed has not been updated within an acceptable time window, making the price data potentially unreliable. Stale prices can lead to incorrect liquidations, mispriced trades, or exploitable arbitrage. Solana DeFi protocols must check the timestamp of oracle updates and reject or pause operations when prices exceed a staleness threshold (e.g., 30 seconds for Pyth feeds).

Abrir término
Más en la categoría

Quédate en la misma capa y sigue construyendo contexto.

Estas entradas viven junto al término actual y ayudan a que la página se sienta parte de un grafo de conocimiento más amplio en lugar de un callejón sin salida.

DeFi

AMM (Creador de Mercado Automatizado)

A protocol that enables token swaps using algorithmic pricing against pooled liquidity instead of matching individual buyers and sellers. AMMs use mathematical formulas (typically constant product x*y=k) to determine prices based on the ratio of tokens in a liquidity pool. On Solana, major AMMs include Raydium, Orca, and Meteora.

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DeFi

CLMM (Concentrated Liquidity Market Maker)

An AMM design where liquidity providers concentrate their capital within specific price ranges instead of across the full 0-to-infinity range. CLMMs dramatically improve capital efficiency—LPs earn more fees per dollar deposited within their active range. If the price moves outside the range, the position becomes inactive. Orca Whirlpools and Raydium CLMM are leading implementations on Solana.

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DeFi

Pool de Liquidez

A smart-contract-held reserve of two or more tokens that enables trading via an AMM. Users deposit token pairs in specified ratios to become liquidity providers and earn trading fees. Pools are identified by their token pair and fee tier. Pool depth (total value locked) determines price impact for trades.

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DeFi

LP Token

A token issued to liquidity providers representing their proportional share of a pool's reserves and accrued fees. LP tokens can be burned to withdraw the underlying assets. The value of LP tokens changes as the pool's token ratios shift and fees accumulate. LP tokens are often stakeable in yield farming programs for additional rewards.

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