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* adding to FAQ, clarifying Kandel descriptions, adding Taker fee table * fixing broken links * modif FAQ * adding min. volume * adding min. volume per market #2 * adding link to new min. volume page in FAQ * reordering FAQ items
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--- | ||
id: base-quote | ||
title: Base / Quote | ||
hoverText: Base token is the traded asset, quoted in Quote token. | ||
--- | ||
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### Base token | ||
It is the token traded at a given price, quoted in the Quote token. | ||
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### Quote token | ||
It's the token in which the price of any order is defined on a particular market. | ||
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Example: | ||
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* On a WETH/USDC pair: | ||
* the Base token is WETH, and the quote is USDC | ||
* prices are displayed in USDC (quote) |
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