Glossary
The terms used throughout the Mokuna documentation.
Order flow
The stream of transactions originated or routed by a platform. A flow partner connects that stream to Mokuna under an agreed integration.
MEV
Maximal extractable value: value associated with the inclusion, ordering or exclusion of transactions. Mokuna’s described engine focuses on identifying and executing on-chain arbitrage opportunities.
Arbitrage
An opportunity to capture a price difference through a sequence of trades. Its viability depends on state, execution costs and successful inclusion.
Simulation
Evaluating how a candidate execution would behave against a particular chain state. It does not guarantee that the same outcome will occur in a future block.
Inclusion and confirmation
Inclusion means a transaction appears in a block. Confirmation and finality describe confidence in that outcome under the rules of the relevant chain.
Nonce
For an EVM account, the sequence value used to order transactions and prevent replay. Coordinate nonce handling across private, public and parallel submission routes.
Searcher
A participant that identifies transaction-related opportunities and prepares execution strategies. In Mokuna’s model, its own engine performs this work rather than an external searcher network.
Settlement
The agreed process for paying attributed partner revenue. Settlement timing and terms are distinct from the confirmation of a user transaction.
Target network
A network within Mokuna’s intended integration scope. This label does not establish production availability or public access.