Your comprehensive guide to cryptocurrency and DeFi terminology. Understanding these terms is crucial for navigating the blockchain ecosystem safely and effectively.
A distribution of cryptocurrency tokens or coins, usually for free, to numerous wallet addresses.
A decentralized exchange protocol that uses a mathematical formula to price assets, eliminating the need for traditional order books.
A distributed digital ledger that records transactions across a network of computers in a secure, verifiable, and permanent way.
A protocol that enables the transfer of tokens and data between different blockchain networks.
Financial services and products built on blockchain technology that operate without traditional intermediaries.
A cryptocurrency exchange that operates without a central authority, allowing direct peer-to-peer cryptocurrency transactions.