Describes a trader, position, token, or project that is in serious trouble, suffering heavy losses, or seen as unlikely to recover.<\/p>\n","protected":false},"excerpt":{"rendered":"
Describes a trader, position, token, or project that is in serious trouble, suffering heavy losses, or seen as unlikely to recover.<\/p>\n","protected":false},"author":76,"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","format":"standard","meta":{"_cryptoslate_glossary_part_of_speech":"adjective","_cryptoslate_glossary_phonetic_spelling":"KOOKT","_cryptoslate_glossary_example_sentences":["Traders said the leveraged position was cooked after the market moved sharply against it.","The token looked cooked once liquidity vanished and the team stopped communicating.","A project may be described as cooked when recovery appears increasingly unlikely.","After the exploit drained the treasury, community members feared the protocol was cooked.","The trader admitted he was cooked when the liquidation price was reached."]},"glossary_topic":[83442,83439],"acf":[],"yoast_head":"\n