Market Impact vs Participation Rate Execution
Quick comparison to help you distinguish these two crypto terms.
Market Impact
intermediate
market_structure
Market impact is the degree to which a trader's own order moves the asset's price against them during execution, caused by consuming available liquidity in the order book.
Read full definitionParticipation Rate Execution
intermediate
strategy
Algorithmic execution strategy that executes orders proportional to market volume, buying or selling at rates matched to ongoing market flow to minimize market impact.
Read full definition