> For the complete documentation index, see [llms.txt](https://docs.dynamichooks.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.dynamichooks.com/words.md).

# Words

* **Market** — a token, its pool and its program, created together.
* **Program** — the ordered list of rules installed on a market.
* **Rule** — `when condition then action`.
* **Economics** — the values the hook reads on every swap: fee, routing, liquidity mode, rewards switch.
* **Template** — a saved program with blanks.
* **Verifier** — an allow-listed key that attests events.
* **Agent** — an address allowed to call `evaluate` on rules marked for agents.
* **Creator** — the person or team a market is about.
* **Launcher** — the wallet that created the market.
* **Holders pool** — where the holders' share of fees accrues, by balance and time.
* **Escrow** — where the creator's share waits until verified.
* **Quote asset** — what a market is priced and paid in: ETH or an allowed Stock Token.


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