Cryptospecting

FACTS // VERIFIED 2026-10-17

PulseChain, HEX and PulseX glossary

Short answer

Short definitions of the terms used across PulseChain, HEX and PulseX, with numbers checked against the contract code. Each term has its own anchor, so you can link straight to it.

Terms are sorted alphabetically; “See also” links jump to related terms on this page. For longer explanations follow the links inside each definition.

Adoption Amplifier

The daily lobbies of HEX’s launch year, where people sent ETH to receive a share of that day’s HEX. It ended in 2020.

The ETH stayed in the contract until anyone flushed it to a fixed address written into the code; the design never returned lobby ETH.

T1 · Primary eth.blockscout.com

See also: claim phase · origin address

Aggregator

A service that splits or routes a trade across several DEXes and pools to get a better price than any single pool would give.

Piteas is a DEX aggregator on PulseChain. See the services directory.

T3 · Community piteas.io

See also: dex · router

Airdrop

Tokens sent free to many addresses. Real airdrops exist; “claim your airdrop” sites that ask you to connect a wallet or sign an approval are a common scam.

See also: phishing · approval

AMM

Automated market maker — an exchange where prices come from the ratio of two tokens in a pool rather than from an order book.

Animated walk-through with a PulseX pool: How an AMM works.

T2 · Official pulsex.com

See also: liquidity pool · pulsex · dex · price impact

Ape in

To buy quickly and heavily, usually without research.

See also: fomo · degen

Approval

Permission you give a contract to move your tokens. Unlimited approvals to malicious contracts are the most common way wallets get drained.

Revoke the ones you no longer use, for example with revoke.cash, which supports PulseChain. See Security.

T3 · Community revoke.cash

See also: revoke · phishing

Arbitrage

Buying where a token is cheaper and selling where it is dearer. On an AMM, arbitrage traders are what keeps a pool’s price in line with other markets.

See also: amm · mev

ATH

All-time high — the highest price a token has ever traded at. Its opposite is ATL, all-time low.

See also: bull bear market

Bag holder

Someone left holding a token after its price collapsed, because they could not or would not sell in time.

See also: pump and dump · rekt

Big Pay Day

A one-time bonus on HEX day 352 (19 November 2020) that paid all unclaimed Bitcoin-claim HEX to stakes active that day. It will not happen again.

T1 · Primary eth.blockscout.com

See also: claim phase · stake

Bigger Pays Better

Bonus shares for larger stakes, rising linearly to +10 % at 150 million HEX; more HEX adds no further bonus.

T1 · Primary eth.blockscout.com

See also: longer pays better · stake

Block time

How often a new block is produced. PulseChain’s slot is 10 seconds; the explorer reported an average of 10.5 s on 2026-10-17.

T1 · Primary scan.pulsechain.com

See also: proof of stake

Bridge

The official link between Ethereum and PulseChain at bridge.pulsechain.com. It locks tokens on one chain and mints a matching token on the other.

Transfers need 5 of 8 validator signatures. On 2026-10-17 the fee was 0.30 % from PulseChain to Ethereum and 0 % the other way, plus gas. The contracts are upgradeable, and every admin role — owner, upgrade owner and the owners of the validator contracts — was held by a single-key address on that date. Details on the bridge; animated walk-through in How the bridge works.

T1 · Primary gitlab.com

See also: etoken · upgradeable contract

Bull and bear market

A bull market is a long period of rising prices; a bear market a long period of falling ones.

See also: ath

Buy and burn

PulseX’s fee receivers redeem their share of pool fees, swap it into PLSX and burn the PLSX, permanently reducing supply.

By 2026-10-17 about 1.25 % of the starting PLSX supply had been burned.

T1 · Primary scan.pulsechain.com

See also: plsx · pulsex

CEX

Centralised exchange — a company that holds its customers’ funds and matches their orders in its own books. You need an account, and the exchange decides about withdrawals.

See also: dex · self custody

Chain ID

The number a wallet uses to tell networks apart. PulseChain mainnet is 369 (hex 0x171); the v4 testnet is 943.

T1 · Primary rpc.pulsechain.com

See also: rpc · pulsechain

Claim phase

HEX’s first 50 weeks, when Bitcoin holders could claim HEX free according to a snapshot of their BTC — 10,000 HEX per BTC, with reductions for very large and late claims.

90 % of every claim was automatically staked for at least 350 days. The phase ran from December 2019 to November 2020. See HEX launch.

T1 · Primary eth.blockscout.com

See also: adoption amplifier · big pay day

Degen

Short for degenerate — someone who takes very high-risk bets, often on new and unaudited tokens. Often used jokingly about oneself.

See also: ape in · rekt

DEX

Decentralised exchange — smart contracts that swap tokens straight from your own wallet, with no account, no company holding your funds and no order book.

PulseX is PulseChain’s main DEX; 9mm and 9inch also run pools there, and aggregators such as Piteas route one trade across several of them. Prices on an AMM-style DEX come from its pools — watch it happen in How an AMM works.

See also: amm · cex · aggregator · swap

Diamond hands

Holding through big drops without selling. The opposite, selling at the first sign of trouble, is called paper hands.

See also: hodl

DYOR

Do your own research — a reminder to check claims yourself. On this site: follow the tiered sources under each page.

See also: fud · shill

Emergency End Stake

Ending a stake before its term. It costs a penalty equal to the payout of at least 90 days (or half the stake length, if longer) and can reach the principal.

hex.com/security advises against it unless you fully understand the cost.

T2 · Official hex.com

See also: stake · late end penalty · penalty split

ERC-20

The standard interface for tokens on Ethereum, which PulseChain inherited. PLSX, HEX and WPLS are ERC-20 tokens; PLS itself is not, which is why WPLS exists.

T1 · Primary eips.ethereum.org

See also: wpls · smart contract

eToken

Community shorthand for a token bridged from Ethereum through the official bridge, such as eDAI or eWETH — locked on Ethereum, minted on PulseChain, redeemable by bridging back (0.30 % fee on the way back).

Always check which version a pool holds: eDAI and pDAI share a name but not a value. Bridged tokens listed on this site: Tokens.

T2 · Official bridge.pulsechain.com

See also: bridge · ptoken · wrapped token

Explorer

A website that shows blocks, transactions, addresses and verified contract code. PulseChain’s official explorer is scan.pulsechain.com.

The official Otterscan explorer at otter.pulsechain.com shows detailed transaction traces.

T1 · Primary scan.pulsechain.com

See also: verified contract · rpc

Farm

A contract where LP tokens are staked to earn rewards. PulseX farms pay INC and let depositors withdraw at any time.

T1 · Primary scan.pulsechain.com

See also: inc · lp token

FDV

Fully diluted valuation — price × total or maximum supply, including tokens not yet in circulation.

See also: market cap

Fee burn

The base fee of every transaction is destroyed instead of paid to anyone, which removes PLS from supply.

The rule is inherited from Ethereum’s EIP-1559: only the priority tip goes to the block producer. Whether PLS supply grows or shrinks overall depends on validator rewards versus burned fees.

T1 · Primary gitlab.com

See also: pls · gas

FOMO

Fear of missing out — buying because the price is rising and everyone else seems to be buying, not because of what the token is.

See also: fud · pump and dump

Fork block

Block 17,233,000 — PulseChain’s own first block. Everything up to Ethereum block 17,232,999 is shared history; from here the two chains differ.

PulseChain’s block 17,233,000 is dated 10 May 2023 22:52:51 UTC; the first block produced by PulseChain’s own validators (17,233,001) followed on 11 May 2023 at 06:23:15 UTC.

T1 · Primary rpc.pulsechain.com

See also: pulsechain · system copy

FUD

Fear, uncertainty and doubt — negative claims spread to scare holders. Calling something FUD does not make it false: check the source.

See also: dyor · fomo

Gas

The fee for running a transaction, paid in the chain’s native coin — PLS on PulseChain, ETH on Ethereum.

T2 · Official pulsechain.com

See also: fee burn · pls

Good accounting

A contract function anyone can call for another person’s finished stake. It marks the stake as served so late penalties stop growing.

T1 · Primary eth.blockscout.com

See also: late end penalty

Hardware wallet

A device that keeps the keys offline and signs transactions on the device. hex.com/security recommends one once holdings are significant.

T2 · Official hex.com

See also: seed phrase

Heart (unit)

The smallest unit of HEX: 1 HEX = 100,000,000 Hearts (8 decimals).

T1 · Primary eth.blockscout.com

See also: hex

HEX

A token with a built-in time-deposit (staking) system, launched on Ethereum in December 2019 and copied to PulseChain at the fork.

Contract 0x2b591e99afE9f32eAA6214f7B7629768c40Eeb39 — the same address on both chains. On this site HEX means HEX on PulseChain; the Ethereum original is written HEX(eth). No owner or admin functions. See HEX and the token page.

T1 · Primary eth.blockscout.com

See also: stake · t share · hex and hex eth

HEX and HEX(eth)

HEX is HEX on PulseChain, the copy made at the fork at the original address; HEX(eth) is the original on Ethereum. They trade at different prices, and a stake lives only on the chain where it was made.

HEX(eth) moved over the official bridge becomes a third token on PulseChain at a different address. See HEX vs. HEX(eth).

T1 · Primary scan.pulsechain.com

See also: hex · system copy · etoken

HEX day

A fixed UTC calendar day counted from day 0 = 3 December 2019 00:00 UTC. Stakes start and end on HEX days.

T1 · Primary eth.blockscout.com

See also: stake

Hexican

What HEX holders call themselves.

Community channels, services and events: Community.

T4 · Press filmthreat.com

See also: hex

HODL

Holding through ups and downs instead of selling. It comes from a misspelt Bitcoin forum post, “I AM HODLING”, of 18 December 2013; “hold on for dear life” is a later backronym.

T4 · Press nasdaq.com

See also: diamond hands

Honeypot

A token you can buy but not sell, because of hidden transfer restrictions in its code.

See also: rug pull

Impermanent loss

The difference between holding two tokens and providing them as liquidity when their price ratio changes. A general feature of AMM pools.

See also: liquidity pool · amm

INC

The PulseX incentive token, minted only by the farm contract as rewards for liquidity providers, capped at 1 INC per second.

T1 · Primary scan.pulsechain.com

See also: farm · lp token

Inflation (HEX)

New HEX created every day — 3.69 % per 364 days, compounded daily, on circulating plus staked HEX — and paid entirely to stakers by share.

Unstaked HEX earns nothing from it. Penalties paid by other stakers are added to the next day’s payout.

T1 · Primary eth.blockscout.com

See also: stake · penalty split

IPFS mirror

A copy of an official app served from IPFS, such as ipfs.app.pulsex.com or ipfs.go.hex.com — useful if the main site is unavailable.

Only use mirrors listed on the official links page.

T2 · Official hex.com

See also: phishing

Late-end penalty

After a 14-day grace period, an unclaimed finished stake loses 1/700 of its return per day, so about 714 days after the end date nothing is left.

Anyone can freeze a finished stake with “good accounting” to stop the clock; the owner still has to end it to collect.

T1 · Primary eth.blockscout.com

See also: stake · good accounting

Launchpad

The official site for depositing a validator’s stake and generating validator keys: launchpad.pulsechain.com.

T2 · Official launchpad.pulsechain.com

See also: validator

Liquid staking

Staking through a service that pools deposits into validators and gives you a token for your share in return, so you do not need 32,000,000 PLS yourself.

T3 · Community vouch.run

See also: validator

Liquidity pool

A pair of tokens locked in a DEX contract that traders swap against. The amount locked is the pool’s liquidity; thin pools move a lot on small trades.

T2 · Official pulsex.com

See also: lp token · amm · impermanent loss

Longer Pays Better

Bonus shares for longer stakes: +20 % for every extra 364 days, up to +200 % at 3,641 days.

Stakes longer than 3,641 days (up to 5,555) get no further length bonus, but still earn daily payout for the extra days.

T1 · Primary eth.blockscout.com

See also: bigger pays better · stake

LP token

A receipt for liquidity you deposited into a pool. It can be returned for your share of the pool, or staked in a farm.

T2 · Official pulsex.com

See also: farm · liquidity pool

Market cap

Price × circulating supply. For a thinly traded token it is a theoretical figure: selling even a small part of the supply would push the price far down.

See also: fdv · price impact

MEV

Maximal extractable value — profit that block producers or bots can make from the order of transactions in a block, for example by trading just before and after yours.

See also: sandwich attack · slippage · arbitrage

Moon

Slang for a very large price rise (“to the moon”). A promise of one is a warning sign, not a plan.

See also: pump and dump · shill

Origin Address

A fixed address in the HEX code (0x9A6a414D6F3497c05E3b1De90520765fA1E07c03) that receives amounts set by the rules, such as half of every penalty. It has no special powers.

It cannot mint at will, change parameters or move anyone’s tokens. Details: the Origin Address.

T1 · Primary eth.blockscout.com

See also: penalty split · adoption amplifier

Penalty split

Every stake penalty is split 50:50 — half goes to the Origin Address, half to the next day’s payout for all active stakers.

T1 · Primary eth.blockscout.com

See also: origin address · inflation

Phishing

Fake websites, messages or accounts that imitate real ones to get your seed phrase, an approval or a transfer.

Typical PulseChain examples are look-alike bridge domains and “claim your airdrop” pages. Use bookmarks and the official links.

T3 · Community phishdestroy.io

See also: seed phrase · approval

PLS

PulseChain’s native coin. Every transaction pays its gas in PLS.

At the fork every ETH balance became a PLS balance 1:1. New PLS is issued as validator rewards, and the base fee of every transaction is burned. Token page: PLS.

T2 · Official pulsechain.com

See also: wpls · fee burn · validator

PLSX

The PulseX token. Its ownership is renounced, so no new PLSX can be minted, and part of the trading fees buys PLSX and burns it.

T1 · Primary scan.pulsechain.com

See also: pulsex · buy and burn · renounced ownership

Price impact

How far your own trade moves the pool’s price. The bigger the trade compared with the pool, the worse the average price you get.

In a constant-product pool such as PulseX, a trade worth 1 % of the side you sell into gets an average price about 1 % worse than the quoted price (before the 0.29 % fee) and makes the token you buy about 2 % dearer in the pool. Try different sizes in How an AMM works.

T1 · Primary scan.pulsechain.com

See also: slippage · liquidity pool · amm

Proof of stake

Consensus in which validators lock coins as collateral to produce blocks. PulseChain uses Ethereum’s beacon-chain design with its own parameters.

Slots are 10 seconds (Ethereum: 12) with 32 slots per epoch. The base reward factor is 64,000 instead of Ethereum’s 64, which keeps the percentage reward in a similar range even though balances are a million times larger in units.

T1 · Primary gitlab.com

See also: validator · block time

PRVX

The ProveX token on PulseChain — a fixed supply minted once on 2026-03-13, with no owner, mint or pause functions.

Contract 0xF6f8Db0aBa00007681F8fAF16A0FDa1c9B030b11, the only PRVX address named on provex.com; copycat tokens with the same name exist. See PRVX.

T1 · Primary scan.pulsechain.com

See also: zkp2p · sacrifice

pToken

Community shorthand for a PulseChain system copy of an Ethereum token, such as pDAI or pUSDC. HEX on PulseChain is simply called HEX.

T2 · Official pulsechain.com

See also: system copy · etoken

PulseChain

A full-state fork of Ethereum that runs as its own proof-of-stake chain, with chain ID 369, 10-second blocks and fee burning.

PulseChain carries every Ethereum account, balance, contract and token as they stood after block 17,232,999, and has continued as a separate ledger since its own first block, 17,233,000. Its native coin is PLS. See how PulseChain works.

T1 · Primary gitlab.com

See also: pls · fork block · system copy · chain id

PulseX

PulseChain’s main decentralised exchange, a fork of Uniswap v2 with a 0.29 % swap fee. Official app: app.pulsex.com.

In v2 pools, 0.22 % goes to liquidity providers and 0.07 % to the protocol, which uses most of it to buy and burn PLSX after a developer cut. See PulseX fees.

T1 · Primary scan.pulsechain.com

See also: plsx · liquidity pool · amm

PulseX v1 and v2

Two generations of PulseX pools that run side by side. Their pair code differs only in the protocol’s share of fees.

v1 factory 0x1715a3E4A142d8b698131108995174F37aEBA10D, v2 factory 0x29eA7545DEf87022BAdc76323F373EA1e707C523.

T1 · Primary graph.pulsechain.com

See also: pulsex

Pump and dump

Pushing a price up with hype or coordinated buying, then selling into the buyers it attracted.

See also: shill · bag holder · rug pull

Rekt

Wrecked — having lost most of a position.

See also: degen · bag holder

Renounced ownership

The deployer has given up admin rights by setting the owner to the zero address, so owner-only functions can never be called again.

See also: verified contract · upgradeable contract

Revoke

Withdrawing an approval you gave earlier, so the contract can no longer move your tokens. It is an ordinary transaction and costs gas.

T3 · Community revoke.cash

See also: approval

Router

The contract a DEX interface calls to execute a swap: it quotes the price, takes your tokens and walks the trade through one or more pools. PulseX v1 and v2 each have their own router.

T1 · Primary scan.pulsechain.com

See also: dex · approval · pulsex v1 v2

RPC

The web address a wallet or app uses to read the chain and send transactions. The official one is https://rpc.pulsechain.com.

pulsechain.com also lists community RPCs (G4MM4, PublicNode) as alternatives. Only copy RPC details from an official site — see Start here.

T2 · Official pulsechain.com

See also: chain id · explorer

Rug pull

When a token’s developers drain its liquidity or sell hidden supply, leaving holders with tokens that cannot be sold for anything.

See also: renounced ownership · honeypot

Sacrifice

The phases in which people sent crypto to published addresses before PulseChain and PulseX launched, and were credited PLS and PLSX at launch.

The court record dates the PulseChain sacrifice to 15 July – 3 August 2021 and the PulseX sacrifice to 29 December 2021 – 26 February 2022 (restating the SEC’s complaint). The project’s terms describe a sacrifice as a statement, not a purchase. The PLS credits are written into the chain at the fork block from a published, auditable file.

T1 · Primary storage.courtlistener.com

See also: fork block · pls · plsx

Sandwich attack

A bot buys right before your swap and sells right after it, keeping the price move your own trade causes. A tight slippage tolerance limits what it can take.

See also: mev · slippage

Seed phrase

The 12 or 24 words that control a wallet. Whoever has them owns the funds — never type them into a website or share them.

T2 · Official hex.com

See also: hardware wallet · phishing

Self-custody

Holding your own keys in your own wallet instead of leaving funds with an exchange or another company — “not your keys, not your coins”.

See also: seed phrase · hardware wallet · cex

Share rate

How much HEX one share costs for a new stake. It only goes up, so later stakers get fewer shares per HEX than earlier ones.

It is recalculated when a stake ends with a profit. Often quoted as the “T-share price”.

T1 · Primary eth.blockscout.com

See also: t share

Shill

Promoting a token — often for pay or because one holds it — without saying so.

See also: dyor · pump and dump

Slippage

The difference between the price you were quoted and the price you get, because the pool changed before your transaction was included. The slippage tolerance in a swap screen sets how much worse you accept before the swap is cancelled.

A very high tolerance invites sandwich attacks.

See also: price impact · sandwich attack · mev

Smart contract

A program stored on the chain that runs exactly as written whenever it is called. Tokens, DEX pools and the bridge are all smart contracts.

See also: verified contract · upgradeable contract · erc 20

Stablecoin

A token designed to track a currency, usually the US dollar.

On PulseChain the bridged versions (for example USD Coin from Ethereum) are backed by the originals locked in the bridge; the fork copies such as pUSDC have nothing behind them. See System copies vs bridged tokens.

See also: system copy · etoken · bridge

Stake

Locking HEX for a chosen number of days — 1 to 5,555 (about 15 years). The HEX leaves circulation and comes back with yield at the end.

The stake starts on the next HEX day. Ending early or late costs a penalty. How it works in detail: HEX staking.

T2 · Official hex.com

See also: t share · emergency end stake · late end penalty · inflation

Swap

Exchanging one token for another in a single transaction on a DEX.

See also: dex · price impact · slippage

System copy

A token that exists on PulseChain only because the fork duplicated the Ethereum original — same address, same balances at the fork.

The community prefixes them with p: pDAI, pUSDC, pWETH. HEX is the exception — on PulseChain it is simply HEX, and this site writes the Ethereum original as HEX(eth). They are separate assets with their own price and are not backed by the originals — a pUSDC cannot be redeemed for real USDC. See system copies.

T1 · Primary gitlab.com

See also: ptoken · etoken · fork block

T-share

Community unit for one trillion (10¹²) stake shares. Yield is paid per share, so what counts is how many T-shares a stake holds, not how much HEX.

“T-share” is not a word in the contract itself — the contract stores raw share counts.

T2 · Official hex.com

See also: share rate · stake

Testnet v4

PulseChain’s public test network (chain ID 943), with its own RPC, explorer and faucet for test PLS.

T2 · Official pulsechain.com

See also: chain id

TVL

Total value locked — the value of all tokens deposited in a protocol’s contracts, such as a DEX’s pools or a bridge. A size indicator; it says nothing about safety.

See also: liquidity pool · bridge

Upgradeable contract

A contract behind a proxy whose logic an admin can replace. Useful for fixes, but whoever holds the upgrade key can change what the contract does.

T1 · Primary scan.pulsechain.com

See also: bridge · renounced ownership

Validator

A node that proposes and attests blocks in PulseChain’s proof of stake. Each validator stakes 32,000,000 PLS.

Validators sign up through the official launchpad. A validator whose balance falls to 16,000,000 PLS is ejected. More on validators.

T1 · Primary gitlab.com

See also: launchpad · proof of stake · liquid staking

Verified contract

A contract whose source code has been published on the explorer and matched to the deployed bytecode, so anyone can read what it does.

Verification shows the code, not the people behind it: anyone can submit it.

T1 · Primary scan.pulsechain.com

See also: explorer · renounced ownership

WAGMI

“We’re all gonna make it” — encouragement among holders. Its mocking opposite is NGMI, “not gonna make it”.

See also: hodl

Whale

A holder big enough to move a price on their own.

See also: price impact

WPLS

Wrapped PLS — an ERC-20 version of PLS, 1:1, so it can sit in DEX pools.

Contract 0xA1077a294dDE1B09bB078844df40758a5D0f9a27, a WETH9-style wrapper with no owner: deposit PLS to get WPLS, withdraw any time.

T1 · Primary scan.pulsechain.com

See also: pls · wrapped token

Wrapped token

A token that represents another asset 1:1, such as WPLS for PLS or a bridged token for its Ethereum original.

See also: wpls · etoken

Zero-knowledge proof

A cryptographic proof that a statement is true without revealing the data behind it — for example, that a payment was made, without showing the rest of the bank statement.

ProveX uses proofs of data sent by web servers (the TLS connection behind the padlock in the browser) so that a buyer can prove a bank or app payment without screenshots. See ProveX.

T2 · Official provex.com

See also: zkp2p · prvx

ZKP2P

Open-source software for person-to-person trades between crypto and bank money: the crypto waits in an escrow contract and is released when the buyer proves the payment with a zero-knowledge proof.

ProveX is built on it: the escrow contract ProveX deployed on PulseChain is the same code as EscrowV2.sol in the public ZKP2P repository (MIT licence). See What is ProveX?.

T1 · Primary github.com

See also: zero knowledge proof · prvx

Sources // last verified 2026-10-17

  1. T1 · Primary HEX contract source — staking constants and penalties
  2. T2 · Official hex.com — how HEX works
  3. T1 · Primary go-pulse — chain ID, fork block, fee burn, sacrifice credits
  4. T1 · Primary lighthouse-pulse — slot time, validator stake
  5. T1 · Primary PulseX v2 factory source — swap fee and protocol share
  6. T1 · Primary PulseScan stats — average block time 10.5 s on 2026-10-17
  7. T1 · Primary PulseScan — bridge mediator, owner and upgrade owner
  8. T1 · Primary SEC v. Schueler, ECF 57 — sacrifice dates as restated by the court
  9. T2 · Official pulsechain.com — chain basics, sacrifice terms
  10. T2 · Official hex.com/security — wallet safety terms
  11. T3 · Community Revoke.cash — approvals and revoking

Source tiers are explained in Sources & methodology.