Crypto Glossary

💰 Learn all the most important blockchain and cryptocurrency terms and jargon here. We are constantly working to expand our dictionary.

Search
A
Address

A wallet address is a string of letters and numbers that acts as an account number for cryptocurrency transactions. Addresses can be shared publicly. Network-specific addresses are different, so you need a separate address for each crypto asset.

Airdrop

Crypto airdrop is a marketing ploy that involves sending tokens to users to promote the image of a new cryptocurrency. A small amount of token will be sent to the user’s wallet for free in exchange for a few small tasks such as sharing a post issued by the project.

Altcoin

Any coin that is not Bitcoin is called Altcoin. Altcoins can be anything from the second most popular coin Ethereum, to any of the thousands of coins with a very small market value.

AMM (Automated Market Maker)

AMM (Automated Market Maker) is a system that provides liquidity to the crypto exchange it operates in through automated trading.

APR

Annual Percentage Rate is the monetary value or reward that investors may earn by making their crypto tokens accessible for loans. Fixed and flexible loans are the two major types of crypto loans offered by exchanges.

APY (Annual Percentage Yield)

APY (Annual Percentage Yield) is the projected rate of annual return after taking compounding interest into account.

Arbitrage

Arbitrage trading involves buying and selling the same asset in different markets to take advantage of price differences between the markets. Arbitrage traders take advantage of these price differences by near-simultaneously buying of an asset in the market where it is cheaper, and then selling it in the market where it is priced higher.

ATH (All Time High)

The highest price achieved by a cryptocurrency ever since listing or founding.

ATL (All Time Low)

The lowest price achieved by a cryptocurrency ever since listing or founding.

B
BCV

BCV (Bond Control Variable) is the scaling factor at which bond prices change. A higher BCV means a lower discount for bonders and higher inflation by the protocol. A lower BCV means a higher discount for bonders and lower inflation by the protocol.

Bear Market

In contrast to the Bull Market, the Bear Market is the pessimistic down-trend market, a period in which most cryptocurrencies is expected to experience a severe drop in value. During this market, traders tend to sell short and are driven by fear of losing gains. Short(ing) is the trading term for selling borrowed assets, believing that the asset price will drop, with the intention of buying the asset back later at a lower price.

Bitcoin

The first and most valuable cryptocurrency, launched on Jan. 3, 2009. While its value has climbed steadily since then, it has seen wild fluctuations. In the past months alone, Bitcoin price has fluctuated from a record high of $60,000 to below $30,000.

Bitcoin Cash

A peer-to-peer electronic cash system that formed from a fork of the original Bitcoin. Where Bitcoin is widely accepted as too volatile to be useful as a currency, Bitcoin Cash is designed to be better optimized for transactions.

Bitprice

In-development bitcoin live price ticker and converter.

Block

Groups of data within a blockchain. On cryptocurrency blockchains, blocks are made up of transaction records as users buy or sell coins. Each block can hold only a certain amount of information. Once it reaches that limit, a new block is formed to continue the chain.

Blockchain

A digital form of record-keeping, and the underlying technology behind cryptocurrencies. A blockchain is the result of sequential blocks that build upon one another, creating a permanent and unchangeable ledger of transactions (or other data).

Bridge

A bridge in the crypto world is like a bridge in the real world, it can connect two separate blockchains so that transactions and resources can go back and forth freely.

Bull Market

The Bull Market, also known as the optimistic up-trend market, is an extended period in the market when people hope for cryptocurrency prices to all go up. During this market, traders tend to buy heavy sums and are pulled by investor optimism, excitement, and expectation for their gains by going long. Long (or going long) is the trading term for purchasing or owning an asset.

Buy The Dip

Buy the dip stands for the process of buying an asset after it has declined in value. When it comes to the cryptocurrency market, “buy the dip” is used to describe the opportunity of investing in a coin or token that has experienced a short or long-term decline in its price.

Byzantine Fault Tolerance

Byzantine Fault Tolerance is where a blockchain can keep functioning if some of its participants (nodes) fail or are attacked.

C
CAAS (Currency As A Service)

Currency As A Service (CAAS) is where users will be able to directly convert their fiat into token and vice versa. This initiative will directly influence the mass adoption of crypto as it takes out the usual hoops that users need to jump through in order to exchange one crypto to another.

Catch The Falling Knife

A falling knife refers to a sharp drop, but there is no specific magnitude or duration to the drop before it constitutes a falling knife, which can be translated to mean: “wait for the price to bottom out before buying it, to help you to get profits in the future”. But a falling knife can quickly rebound which makes it hard to catch.

CEX

Centralized crypto exchanges (CEX) are platforms owned and operated by a single company, emphasizing a centralized operational structure.

Change Address

In cryptocurrencies, a change address is where the change from a transaction is temporarily stored before it is returned to the sender crypto wallet.

Coin

A Coin is a representative store of digital value that lives on a given blockchain or cryptocurrency network. Some blockchains have the same name for both the network and the coin, like Bitcoin. Others can have different names for each, like the Stellar blockchain, which has a native coin called Lumen.

Coin Burning

Coin burn is a process by which miners and developers remove coins from circulation. In other words, burning coins is destroying the coin so that it is not available for further use in the transaction. Developers and miners will send coins to specialized addresses with private keys that are not accessible.

Coin Mining

Mining, also known as cryptocurrency mining, is a term used to describe the operation of mining new digital coins by solving algorithms that allow the linking of blocks of transactions (blockchains). together.

Cold Wallet / Cold Storage

A secure method of storing your cryptocurrency completely offline. Many cold wallets (also called hardware wallets) are physical devices that look similar to a USB drive. This kind of wallet can help protect your crypto from hacking and theft, though it also comes with its own risks – like losing it, along with your crypto.

Compound

Compound allows users to deposit cryptocurrency into lending pools for access by borrowers. Lenders then earn interest on the assets they deposit. Once a deposit is made, Compound awards a new cryptocurrency called a cToken (which represents the deposit) to the lender.

Consensus

In cryptocurrency, a consensus is where there is an agreement on the blockchain as to what has taken place, for example, transactions.

Crypto Exchange

Crypto Exchange, or digital cryptocurrency exchange (DCE) is a digital marketplace where you can buy, sell, or exchange cryptocurrency.

Crypto marketplace

Crypto marketplace lending involves the use of blockchain technology to facilitate debt investments in the crypto world

Cryptocurrency

Cryptocurrency is also known as digital money. This is a decentralized currency that can be used for many different purposes such as: commodity trading, asset conversion, etc.

A unit of value on a blockchain that usually has some other value proposition besides just a transfer of value (like a coin).

Custodial

Custodial cryptocurrency businesses are the ones that are in possession of their customers’ funds for the duration of the use of their services.

D
DAO

DAO (Decentralized Autonomous Organization) is an organization designed for automation and decentralization. DAO in crypto operates like a venture fund, based on open source code and has no typical management structure or board of directors thus creating a structure with decentralized control.

DApps (Decentralized Applications)

DApps, also known as decentralized applications, are applications designed by developers and deployed on a blockchain to perform actions without intermediaries.

DCA (Dollar-cost averaging)

DCA (Dollar-cost averaging) is a strategy where an investor invests a total sum of money in small increments over time instead of all at once. The goal is to take advantage of market downturns without risking too much capital at any given time. DCA is designed to help offset any negative effect on an investment caused by short-term market volatility. This is one of the popular ways to allocate investment capital.

DCV

DCV (Deflation Control Variable), is the scaling factor at which protocol defined buy pressure changes. A higher DCV means more buy pressure from the protocol, resulting in a higher deflation. A lower DCV means less buy pressure from the protocol, resulting in a lower deflation.

DDoS attack

DDoS stands for ‘distributed denial of service’. Such attacks attempt to render a site to a halt by overloading it with traffic. Cryptocurrency exchanges are at risk from such attacks.

Decryption

Turning encrypted cipher text back into plain text.

DeFi (Decentralized Finance)

DeFi is decentralized finance, a term that refers to financial activities carried out without the involvement of an intermediary such as a bank, government or other financial institution. DeFi products and services enable democratic access to a historically exclusive industry

DeGaming

Decentralized gaming (DeGaming) found security in the integration of blockchain technology and smart contracts. DeGaming became an industry upon itself, with a continuous improvement on data structures as blockchain technology continues to advance.

Delegated proof of stake (DPoS)

A variation of Proof of Stake that uses supernodes or masternodes to validate transactions.

Delisting

The process of removing an asset/stock/cryptocurrency from a crypto exchange is called delisting.

Derivative

A financial instrument deriving its value from the value of an underlying asset.

DEX

DEX is a decentralized exchange, a peer-to-peer (P2P) marketplace that connects buyers and sellers of cryptocurrencies.

Digital Asset

A digital asset refers to the digital representation of something of value.

Digital signature

Cryptographic mechanism used to verify the authenticity and integrity of digital data. We may consider it as a digital version of the ordinary handwritten signatures, but with higher levels of complexity and security.

DYOR (Do Your Own Research)

DYOR means self-study about cryptocurrencies, consulting online investment advice should only be a small part of your investment decision, most importantly, do your own research.

E
Ecosystem

The definition of a cryptocurrency ecosystem basically indicates a group of projects that have the ability to interact with each other and the world around to create a transaction environment with full features to meet user needs. These projects will be diverse and complement each other to help develop the entire ecosystem.

ERC-20

Token ERC20 is a standard used to create and issue smart contracts on the Ethereum blockchain. This technical standard prescribes a number of rules and actions that an Ethereum token or smart contract must follow to implement it.

ETF (Exchange-Traded Fund)

An ETF (exchange-traded fund) is a security that tracks an index, sector, commodity or other asset, and in the crypto market it tracks a specific cryptocurrency like BTC or ETH.

Etherscan

Etherscan is known to be the leading tracker of the Ethereum blockchain. It is basically a search engine that allows users to look up, confirm and validate transactions on the Ethereum decentralized smart contract platform. By entering an address in ETH explorer you can view your balance, value, and all transactions made through that address.

Exchange

Businesses that allow customers to exchange crypto for fiat money or other cryptocurrencies.

Exchange tokens

Digital asset that is native to a cryptocurrency exchange. A crypto exchange may launch its own token for a variety of reasons, and exchange owners often give tokens to users as incentives.

F
Fan Token

A fan token is a cryptocurrency issued by a specific sports team and allows its holders to participate in the governing activities and attain exclusive rewards & discounts.

FDV (Fully Diluted Valuation)

FDV can be simply defined as the Market Capitalization of the project after the development team has fully released the maximum number of tokens, it is equal to the price of a coin multiplied by the total supply. In other words, it is a method of calculating the future market capitalization of a project.

Fiat

Fiat is a term for government-issued currencies, such as US dollars or Vietnamese Dong. In a broader sense, fiat is used to describe any currency controlled by a central authority. Meanwhile, Bitcoin and many cryptocurrencies with a decentralized design, act as a counterweight to traditional fiat currencies.

FOMO

FOMO stands for: Fear of Missing Out, this is the term for a psychological syndrome fear of missing out/ fear of losing opportunities. This is a very familiar syndrome for almost every trader in the financial sector, especially Crypto. FOMO can push you to buy crypto just because you see it going up.

Fork

When a blockchain’s users make changes to its rules. These changes to the protocol of a blockchain often result in two new paths — one that follows the old rules, and a new blockchain that splits off from the previous one. (Example: a fork of Bitcoin resulted in Bitcoin Cash).

FUD

FUD stands for: Fear, Uncertainty, and Doubt. FUD is often spread on social networks or mass media. It can cause a crypto prices to drop, not based on technical fundamentals but on bad news spreading on social media.

Futures

Futures, also known as futures contracts, are legally-binding agreements to trade a given asset or commodity at a previously-agreed date and price in the future. In addition, they track the price movement of an underlying asset or commodity.

G
GameFi

GameFi is a combination of games (games) and finance (finance). It is a platform where users can earn money by playing games. GameFi covers a wide variety of games, rules and structures so it will not be limited to any particular technology or platform.

Gas fee

Gas Fee is a fee that you have to pay for a transaction to be made. Gas is a unit of measurement for the computer energy needed to perform a specific transaction on the Blockchain Network.

H
Halving

BTC Halving is a halving when the rate of new Bitcoin generation decreases, this event occurs every 210,000 blocks mined or roughly every four years, it will last until all 21 million BTC are fully mined whole. This halves the rate at which new Bitcoins are released into circulation. This is how Bitcoin limits inflation and increases its value over time.

Hard Cap

Hard cap is defined as the maximum amount that a cryptocurrency can receive from investors during an Initial Coin Offering (ICO). While a hard cap defines the maximum number of tokens that can be sold in an ICO crowdfunding.

Hashrate

Hashrate is a measure of computing and processing power used in crypto mining, the process of obtaining cryptocurrency through powerful computers and specially designed software. A higher hash rate indicates a stronger network.

HODL

HODL is a term derived from a misspelling of “hold” that refers to buy-and-hold strategies in the context of bitcoin and other cryptocurrencies. According to Internet lore, this stems from a typo made by a user on the Bitcoin forum in 2013 when he urged the community not to sell cryptocurrency.

Hot Wallet

A software-based cryptocurrency wallet connected to the Internet. While more convenient for quickly accessing your crypto, these wallets are a bit more susceptible to hacking and cybersecurity attacks than offline wallets — just as files you store in the cloud may be more easily hacked than those locked in a safe in your home.

I
ICO (Initial Coin Offering)

ICO (Initial Coin Offering) A way that funds are raised for a new cryptocurrency project. ICOs are similar to Initial Public Offerings (IPOs) of stocks.

IDO (Initial DEX Offering)

IDO (Initial DEX Offering), or initial coin offering on a decentralized exchange (DEX), is a relatively new fundraising model following the success of DeFi. This is an alternative to ICOs and IEOs, but fundraising takes place through liquidity pools.

IEO (Initial Exchange Offering)

IEO (Initial Exchange Offering) is a token sale overseen by a cryptocurrency exchange. IEOs are only available to users of the exchange, although some IEOs may take place within some exchanges. Just like ICOs, IEOs allow investors to receive new cryptocurrencies while raising funds.

IFO (Initial Farm Offering)

IFO (Initial Farm Offering) is a way to allow users to buy a new project’s token before adding it to farms.

IGO (Initial Game Offering)

Initial Game Offering (IGO) has similar to Initial Coin Offering (ICO). The only difference is that in IGOs, the platform hosts gaming projects that are based on NFTs or tokens as their in-game currency and rewards.

ILO (Initial Liquidity Offering)

ILO (Initial Liquidity Offering) is a new fundraising mechanism through which many projects and startups raise funds by selling tokens on the DeFi based Decentralized Exchanges without undergoing the process of ICO. ILO is a new fundraising strategy through which you stake your own capital in return for gaining a profit.

Impermanent Loss

Impermanent loss (IL) is a unique risk involved with providing liquidity to dual-asset pools in DeFi protocols. It means that when you deposit tokens into a liquidity pool and its price changes a few days later, the amount of money lost due to that change is your impermanent loss.

IPO (Initial Public Offering)

IPO (Initial Public Offering) is a process in which a private company sells crypto assets of its business to the public in new issuance. The process allows a cryptocurrency company to raise capital from public investors, but it will have to comply with regulations that force it to increase its disclosures and transparency.

K
KYC

KYC, which is short for “know your customer” as well as “know your client,” is the process of verifying a customer’s identity. The point of KYC is to confirm that a customer is who they claim to be and to prevent illegal activities, such as money laundering, funding terrorism, and tax evasion. If a crypto exchange doesn’t perform KYC verification, then it could be liable for those kinds of illegal activities.

L
Launchpad

Launchpads crypto platforms help investors discover early-stage crypto projects before they enter into the mainstream. You can use them to identify early-stage promising crypto projects and participate in their presale rounds. They are also designed with certain vetting processes to help filter out scams and rug-pulls.

Lending

Crypto loans involve lending your idle digital assets. Similar to traditional fiat lending, you receive back the principal and interest at the loan's end. In the crypto market, these loans use the lender's unused coins/tokens as assets.

Liquid market

A liquid market features a large number of buyers and sellers. It is a platform where all the trades are executed with ease and at a low cost.

Liquidity

Liquidity is a measure of how easily you can convert a crypto asset into cash or into another asset. Liquidity will determine the effect on the value of your assets whether they will be devalued or not.

Liquidity Pool

A liquidity pool can be thought of as a pot of cryptocurrency assets locked within a smart contract. The funds can then be used for crypto exchanges, loans and for many other applications.

Long position

A long position (longing) refers to the situation where an investor buys a cryptocurrency or any other financial instrument to sell it later when the price goes high.

LP Tokens (Liquidity Provider Tokens)

When you give tokens to a pool to provide liquidity, you will receive Liquidity Provider Tokens (LP Tokens). Liquidity provider tokens or LP tokens are tokens issued to liquidity providers on a decentralized exchange (DEX) that run on an automated market maker (AMM) protocol.

M
Mainnet

The mainnet is an independent blockchain that runs its own network with its own technology and protocol. It is a live blockchain using its own cryptocurrency. The mainnet is simply the main network whereby actual transactions take place on a distributed ledger. On the contrary, testnet is a test network under which decentralized and EDCC applications are tested and developed.

Maker

Cryptocurrency and a governance token. Maker (MKR) crypto is a digital token created on the Ethereum platform of the project Maker, the main purpose of which is to create a line of decentralized digital assets that would be tied to the value of real instruments such as currency, gold, etc.

Market Cap

For cryptocurrencies, the market cap is the total value of a cryptocurrency. You can calculate the market cap of cryptocurrencies by multiplying the number of cryptocurrencies in circulation with the current value of the cryptocurrency.

Market signal

Through signaling, market participants are essentially creating a volatile market which can help to point out the opportunities to the investors.

Meme Coin

Meme coins are those cryptocurrencies that are inspired by popular social media jokes, sarcasm or puns. The first meme coin created was Dogecoin (DOGE).

Metaverse

The metaverse, embodying the metaverse meaning, is a vast blend of virtual reality, augmented reality, and the internet. It's akin to an unlimited virtual theme park, where users seamlessly traverse diverse locations alongside thousands, all in a singular digital universe.

Miner

Miner is an actor who participates in cryptocurrency transactions, and in turn, plays a crucial role both in creating new cryptocurrencies and in verifying transactions on the blockchain. By mining, you can earn crypto without having to put down money for it.

Mining Farm

A mining farm is when a group of miners mine together for a variety of advantageous reasons, like energy use.

Mobile Wallet

A mobile wallet is a crypto wallet installed on a mobile device.

Moon

Moon (or To the moon) is a term often used as a verb to describe a cryptocurrency that is trending strongly in the market. This phrase refers to the strong belief that certain cryptocurrencies will soon appreciate significantly.

N
NFT

NFT (Non-Fungible Token) is a token that cannot be replaced. Simply put, it is a token that is encrypted on the blockchain to represent a unique asset. NFTs are used to represent ownership of unique digital items such as artwork or collectibles. NFTs are typically stored on the Ethereum blockchain.

NFT marketplace

Decentralized platform that allows trading and storing Non-fungible tokens.

Node

A computer that works on the blockchain network and helps it stay decentralized.

P
Pair

Trade between one cryptocurrency and another, for example, the trading pair BTC to ETH.

Paper wallet

A form of cold storage, a paper wallet is your public and private keys printed out usually on to paper.

PCV

PCV (Protocol Controlled Value), is the amount of funds the treasury owns and controls. The more PCV the better for the protocol and its users.

Peer-to-Peer (P2P)

Crypto P2P is the decentralized interactions between parties in a distributed network, partitioning tasks or workloads between peers.

Perpetual Contracts

A perpetual contract is a derivative similar to a futures contract but without an expiry date.

Play-to-earn (P2E)

In some blockchain games, players receive financial rewards for completing gameplay objectives. The funds awarded in these play to earn titles typically originate from a reserve of native tokens held within a smart contract. Players can be rewarded mostly through the following behaviors:

POL

POL (Protocol Owned Liquidity), is the amount of LP the treasury owns and controls. The more POL the better for the protocol and its users.

PoR

PoR (Proof of Reserves) is the mechanism of strengthening the reserve of OlympusDAO treasury via the sales of bonds. Bonders provide liquidity to the treasury, thereby building its reserve. In return for their service, bonders get paid in OHM.

Privacy coin

A cryptocurrency where transactions can be made private. Some of the most well-known privacy coins include Monero, Dash and Zcash.

Private Key

The encrypted code that allows direct access to your cryptocurrency. Like your bank account password, you should never share your private key.

Proof of Concept (POC)

A Proof of Concept (POC) is used to demonstrate the feasibility and practical potential of any blockchain project in any field. A POC can either be a prototype without any supporting code or any MVP (Minimum Viable Product) with bare featureset

Proof of Stake (PoS)

Another highly common algorithm that requires users to stake some of their cryptocurrency to validate transactions.

Proof of Work (PoW)

One of the most common algorithms in cryptocurrency. It requires miners to mine blocks to validate transactions.

Public Key

Your wallet’s address, which is similar to your bank account number. You can share your public wallet key with people or institutions so they can send you money or take money from your account when you authorize it.

Pullback

A pullback is a temporary pause or dip in an asset’s overall trend. The term is sometimes used interchangeably with ‘retracement’ or ‘consolidation’. However, a pullback should not be confused with a reversal, which is a more permanent move against the prevailing trend.

Pump & Dump

Pump and Dump or so-called pumping and dumping is a form of price manipulation. This is a scam where people – usually the creators who own a large share – encourage others to buy crypto to artificially pump the price.

Q
QR Code

A machine-readable label that shows information encoded into a graphical black-and-white pattern.

R
Reserve Bonds

Reserve bonds are single asset bonds. They are sometimes referred to as “naked” bonds. Examples are DAI token bonds and FRAX bonds.

Retroactive

Retroactive is an event token distribution of the project for users who have followed, used and supported the development of the project since the very first days. This event totally free and has contributed to increasing the popularity of the project, increasing the number of users, finding system vulnerabilities and code errors.

ROI – Return on Investment

ROI (Return on Investment) is a metric used by cryptocurrency traders to measure the performance and the efficacy of a crypto investment, or to compare the performance of multiple crypto investments in a portfolio. A positive ROI figure means the crypto investment is making profits meanwhile a negative ROI value reflects a loss-making venture.

Rug Pull

A rug pull is a malicious maneuver in the cryptocurrency industry where crypto developers abandon a project and run away with investors’ funds. Rug pulls usually happen in the decentralized finance (DeFi) ecosystem, especially on decentralized exchanges (DEXs), where malicious individuals create a token and list it on a DEX, then pair it with a leading cryptocurrency like Ethereum (ETH).

S
Satoshi

Satoshi has two meanings. The first is that it refers to Satoshi Nakomoto, the anonymous founder of Bitcoin, who disappeared shortly after the creation of the project. Satoshi also means one unit of exchange, it is equal to 0.0001 BTC.

Satoshi Nakamoto

The individual or group of individuals that created Bitcoin.

Scam

Scam is the act of deceiving and stealing assets in the cryptocurrency market. Scammers are always finding new ways to steal your cryptocurrency. Anyone who says or asks you to pay in crypto is a sure sign of a scam.

Security Token

A security token is essentially a digital form of traditional securities.

Seed phrase

A seed phrase is a series of words provided when you create your crypto account, giving you access to the cryptocurrency associated with that wallet. The seed phrase is very important so you need to store it carefully. As long as you have your seed phrase, you will have access to all cryptocurrency associated with the wallet that generated the phrase – even when you deleted or lost the wallet.

Shitcoin

The term shitcoin refers to a cryptocurrency that has little or no value in terms of features, technology, and behind it with no clear purpose towards development

Short postion

A short or short position means putting a financial asset up for sale with the expectation that its price will decrease

Slippage

Slippage happens when traders have to settle for a different price than what they initially requested due to a movement in price between the time the order enters the market and the execution of a trade.

SLP

SLP (Sushiswap Liquidity Provider) is the token received when providing liquidity on Sushiswap. For instance LP bonds require SLP tokens of the OHM / DAI pair.

Smart contract

Smart contracts are simply algorithmic programs stored on a blockchain that run when predefined conditions are met. They are often used to automate the execution of an agreement so that all participants can be sure of the outcome without any intermediaries. They can also automate workflows, triggering a set of follow-up actions when conditions are met.

Smart Token

Smart tokens are regular tokens that not only transmit value they contain but also all the information needed to execute a transaction simultaneously.

Soft Cap

The term soft cap refers to the minimum viable funding for a particular project to begin development. As a result, the hard cap is often placed significantly higher than the soft cap, as it represents a fundraising goal.

Software token

A software token (a.k.a. soft token) is a piece of a two-factor authentication security device that may be used to authorize the use of computer services. Software tokens are stored on a general-purpose electronic device such as a desktop computer, laptop, PDA, or mobile phone and can be duplicated.

Stablecoin

A stablecoin is a cryptocurrency that is linked to a real monetary asset such as the US dollar. Stablecoins strive to provide price stability and are backed by a reserve asset.

Staking

Staking cryptocurrencies is a process that involves committing your crypto assets to support a blockchain network and confirm transactions.

Staking pool

Staking Pools allows users to combine their resources in order to increase their chances of earning rewards. This mechanism offers more staking power to the network to verify and validate new

STO (Security token offering)

STO (Security token offering) is a cryptocurrency-based crowdfunding campaign during which contributors invest cryptocurrency in a business in return for tokenized shares of the company.

Subnet

A Subnet, or Subnetwork, is a dynamic set of validators working together to achieve consensus on the state of a set of blockchains. Each blockchain is validated by exactly one Subnet. A Subnet can validate arbitrarily many blockchains. A node may be a member of arbitrarily many Subnets.

Swing Above The Market

“Above the market” refers to an order to buy or sell crypto at a price higher than the current market price. Swing above the market refers to an act of buying with the expectation that the price will go higher but then the price starts to have a sharp drop. When the order is matched, the price stops rising and drops sharply. This is a hasty act and without calculation of retail investors, so it is necessary to think carefully before investing.

T
Taker

Liquidity protocol that allows users to liquidate and rent all kinds of novel crypto assets, including encrypted collectibles, metaverse assets, financial papers, synthetic assets and more.

Testnet

Testnet is an alternative blockchain used for testing. The testnet currency is different from the actual coin and the testnet coin does not have any monetary value. This allows application developers or testers to test its performance

TGE (Token Generation Event)

A Token Generation Event (TGE) is a business and technical act of limited duration that involves the technical generation of the token in a blockchain-based network, and its launch to the market, normally in the form of a public sale, private sale, or initial coin offering (ICO).

Ticker

Tickers help traders keep on top of the latest price information — and they also have a place in the cryptocurrency sector.

Token

A Token is a cryptocurrency that depends on another cryptocurrency as a platform to operate. The special thing is that cryptocurrencies are not regulated by any third party. And the beginning of this cryptocurrency is Bitcoin.

Tokenize

The process by which real-world assets are turned into something of digital value called a token, often subsequently able to offer ownership of parts of this asset to different owners.

Tokenomics

The word ‘tokenomics’ is a portmanteau, made up of two words: token and economics. So, tokenomics is basically token economics or crypto-economics. It is the study of the economics of a crypto token – from its qualities to its distribution and production, and much more.

Trading bot

Crypto trading bots help you buy and sell crypto automatically with high accuracy to maximize profits

Transaction ID

Unique string of characters given to every confirmed blockchain transactions and added to the blockchain.

TVL (Total Value Locked)

TVL (aka Total Value Locked) in a crypto space represents the sum of all assets deposited in decentralized finance (DeFi) protocols to earn rewards. This metric is an important measure of the overall DeFi market.

TWAP

TWAP (Time Weighted Average Price) is the average price of an asset over a specified time. TWAP in crypto are used to represent the fair value of an asset as defined by the market.

Two-Factor Authentication (2FA)

Two-factor authentication (2FA) is method of access that requires two different forms of authentication.

U
Utility coin

A cryptocurrency that’s can be used for other purposes aside from transactions.

V
Vesting

Vesting is the process of locking and releasing tokens after a given time. Usually, vested tokens belong to team members, advisors, partners, others who contributed to the development of the project, but also investors who purchased tokens before they went on general sale.

W
Web 1.0

Web 1.0 is a term that is often used to describe the early version of the internet.

Web 2.0

Web 2.0 describes the current state of the web, which supports more user-generated content and stability for front-end users than its predecessor, Web 1.0

Web 3.0

Web3.0 is the coming generation of the internet.

Whale

Cryptocurrency whales are people or organizations that hold a large amount of a particular cryptocurrency. As mentioned earlier, there is no official threshold for being identified as a whale, but when it comes to Bitcoin, 1,000 BTC is the most commonly used number.

Whitelist

The term Whitelist refers to the list of individuals and organizations that are allowed to participate in the purchase of tokens in a project’s fundraising round.

Whitepaper

The whitepaper is a document released by the crypto project to help provide investors with full details about the features of that cryptocurrency as well as the future development roadmap. Almost every cryptocurrency has its own whitepaper.

Y
Yield Farming

Yield Farming is a way for people to generate passive income by providing liquidity. That is, sending crypto to DeFi liquidity pools or staking pools.