> ## Documentation Index
> Fetch the complete documentation index at: https://docs.superform.xyz/llms.txt
> Use this file to discover all available pages before exploring further.

# Glossary

> Definitions of key terms used throughout the Superform protocol documentation.

* **Aggregator** - Registry/oracle contract where new `Vault`, `Strategy`, and `Escrow` clones are permissionlessly deployed and where validators attest to Price‑Per‑Share updates.
* **Circuit Breaker** - On‑chain guard that pauses swaps or vault actions when oracle‑price dispersion or depeg thresholds are breached.
* **Depeg Guard** - Absolute price‑deviation threshold for an individual asset in a SuperAsset. If breached, swaps pause and the asset weight decays.
* **Dispersion Guard** - Parameterised limit on the standard deviation of constituent‑asset prices inside a SuperAsset; tripping it triggers a circuit breaker.
* [**EIP‑7702**](https://eip7702.io/) - Ethereum standard that allows EOAs to act as smart accounts, enabling existing wallets to interact with account‑abstraction systems without migration.
* [**ERC‑4337**](https://www.erc4337.io/) - Account‑abstraction standard that lets smart‑contract wallets function like EOAs via a `UserOperation` mempool and bundler system.
* [**ERC‑7540**](https://eips.ethereum.org/EIPS/eip-7540) - Vault standard defining interfaces for asynchronous deposits and withdrawals.
* [**ERC‑7579**](https://erc7579.com/) - Modular smart‑account standard enabling plug‑and‑play functionality through a standardised module interface.
* **Escrow** - Immutable contract that holds idle funds between strategy steps and enforces withdrawal rights.
* **Hook** - Lightweight, ERC‑7579‑compliant module that performs a single action (e.g., lend, bridge) inside a strategy call‑graph.
* **Insurance Fund** - Reserve funded by yield earned and swap fees; used to cover shortfalls during black‑swan events.
* **Ki** - Governance‑set efficiency coefficient that weights a vault's importance when computing incentives.
* **Price‑Per‑Share (PPS)** - Cumulative value of a SuperVault denominated in its underlying asset; monotonically increasing and signed by validators.
* **SuperBank** - Coordination contract that routes protocol‑level fees, burns `$UP` for upkeep, and handles escrow/bond commitments.
* **SuperBundler** - Off‑chain relayer that batches user deposits and executes hook graphs across chains, returning a single receipt.
* **SuperGovernor** - On‑chain module where `sUP` holders propose and vote on protocol events, such as SuperAsset target weights.
* **SuperOracle** - Modular oracle‑adapter set providing fair‑market prices and volatility metrics to SuperAssets and circuit breakers.
* **SuperPosition** - ERC‑20 receipt minted by Vault Banks representing a user's position on the source chain; streams yield back to mainnet.
* **SuperVault** - Validator‑secured vault template that can run arbitrary hook‑based strategies while exposing deterministic PPS and fee rules.
* \*\*$UP / sUP** - `$UP`is the utility token of the Superform Protocol; staking it yields`sUP`, granting governance rights. Later protocol phases add validator bonding utility for `\$UP\`.
* **Validator** - Actor that signs SuperVault PPS updates and, in future phases, may participate in additional oracle and bonding systems.
* **Vault Bank** - Chain‑specific deposit contract that mints SuperPositions and handles cross‑chain locking/unlocking for SuperVaults.