A stablecoin that maintains its peg through algorithms and smart contracts rather than holding actual reserves.
A stablecoin that maintains its peg through algorithms and smart contracts rather than holding actual reserves. When the price drifts, the protocol automatically adjusts supply to push it back. Terra's UST collapse in 2022 showed how risky these can be when confidence breaks.
A cryptocurrency designed to maintain a stable value, usually pegged to the US dollar.
Self-executing code stored on a blockchain that runs when conditions are met.
A fixed exchange rate between two assets.
A DEX aggregator that splits trades across multiple decentralized exchanges to find the best overall price.
One of the biggest lending and borrowing protocols in DeFi.
A cross-chain bridge that uses an optimistic verification system and a network of relayers to move tokens between chains quickly.
Get daily crypto analysis delivered to your inbox. No spam, unsubscribe anytime.