| Market | One HIP-4 outcome (outcome_id) with a YES and a NO side. |
| Leg | One outcome and one side: { "outcome_id": "1209", "side": "YES" }. One leg is a single; two or more is a parlay. |
| Taker | The account that creates an RFQ and accepts a quote. For a cash-out, the position’s owner. |
| Maker | A market maker (maker_id) that quotes, confirms and backs positions from its maker vault. |
| RFQ | Request for quote. ENTRY prices new legs for a stake; CASHOUT prices an existing position. |
| Quote | A maker’s unsigned offer on one RFQ: entry terms (a payout), or sell_back or transfer terms (a price). |
| Acceptance | The record of one accept on one quote, named by the accept’s Idempotency-Key (acceptance_id). A quote has at most one. |
| Confirm | The maker’s answer to an acceptance before its deadline: CONFIRM with a signature, or DECLINE. |
| Position | A filled trade on-chain: legs, stake, payout, owner and backing maker. An entry position’s position_id is its quote_id. |
| Stake, payout | What the taker pays, before the entry fee; what the position pays if every leg wins, before the profit fee. |
| Cash-out | Selling an open position: a sell_back to its maker, or a transfer to another maker. |
| Settlement, claim | Grading a resolved position, then paying its winnings into the owner’s vault balance. Totalis runs both. |
| Operation | One on-chain action Totalis relays for you, with a status (operation_id, OPERATION_UPDATED). |
| Vault | The Totalis contract on HyperEVM that holds USDC and every position (vault_address). |
| Totalis balance | Your wallet’s USDC on HyperEVM plus your free vault balance. |
| Wallet | Your Totalis embedded wallet. It approves your keys and signs your trades. |
| Deployment | The chain, vault, fees and USDC domain every signature binds to (Get deployment). |
| Cursor | Your place in the WebSocket. Send it back to resume. |