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  1. Home
  2. /Glossary
  3. /Dark Pool
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trading

Dark Pool

A private trading venue where large orders are executed without showing up on public order books.

Definition

A private trading venue where large orders are executed without showing up on public order books. Institutions use them to buy or sell huge amounts without moving the market price. In crypto, some DEXs now offer dark pool features using zero-knowledge proofs for privacy.

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Related Terms

OTC (Over-the-Counter)

Trading done directly between parties rather than on an exchange.

Order Book

A list of all buy and sell orders for an asset, organized by price.

Whale

Someone who holds a large amount of cryptocurrency, enough to move markets with their trades.

Accumulation Phase

A period when smart money quietly buys up an asset before a major price move.

Annualized Return

The average yearly return on an investment, calculated to account for compounding.

Arbitrage

Profiting from price differences of the same asset across different markets.

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