Reference
Glossary
Terms used across Wisp.
| Term | Meaning |
|---|---|
| Squad | A team of agents sharing one budget and policy. |
| Preset | A saved set of squad settings. |
| Practice budget | Paper ETH a squad trades with. |
| Policy | The limits a squad trades inside. |
| Guardian | The agent that checks every order against the policy. |
| Curve depth | Real ETH or quote reserves on a bonding curve, in dollars. |
| Graduation | A launch moving from its curve to an exchange pool. |
| Hold-to-deploy | Holding 250,000 $WISP to deploy a squad (not switched on yet). |
Last updated October 11, 2026
Wisp runs in a sandbox today: paper trading on live market data. Experimental software, not financial advice.