Crypto & Finance Glossary

A token launch where everyone has equal opportunity to buy, with no pre-mine, team allocation, or insider advantages.

A Layer 1 blockchain using a DAG-based consensus mechanism called Lachesis for high speed and low fees.

The ratio between a token's fully diluted valuation and its current market cap.

A metric that measures market sentiment on a scale from extreme fear to extreme greed.

The central bank of the United States that sets monetary policy.

A phrase used after sharing an insight or take that the speaker believes is deeply important but not widely recognized.

Government-issued money that isn't backed by a physical commodity like gold.

A technical analysis tool that uses horizontal lines at key percentages (23.

The guarantee that a blockchain transaction can't be reversed or altered once confirmed.

A sudden, severe price drop that happens within minutes or even seconds, often caused by cascading liquidations or a large sell order on thin order books.

An uncollateralized loan that must be borrowed and repaid within a single blockchain transaction.

An exploit that uses flash loans to borrow massive amounts without collateral, manipulate markets or protocol mechanics within a single transaction, profit from the manipulation, repay the loan, and keep the profit.

A research organization and infrastructure provider that tries to make MEV extraction more fair and transparent.

The hypothetical moment when Ethereum's market cap surpasses Bitcoin's.

The hypothetical moment when Ethereum's market cap surpasses Bitcoin's.

The lowest price at which an NFT in a collection is listed for sale.

The anxiety that others are profiting from an opportunity you're missing.

A mechanism on Layer 2 rollups that allows users to submit transactions directly to the L1 chain if the L2 sequencer is censoring them.

A change to a blockchain's protocol that creates a new version.

A mathematical approach to proving that smart contract code behaves exactly as intended for all possible inputs.

A mechanism used by optimistic rollups to verify transactions.

The challenge period in optimistic rollups during which anyone can submit a fraud proof if they detect an invalid state transition.

A stablecoin protocol that originally used a fractional reserve model, partially backed by collateral and partially by its algorithm.

Placing a transaction ahead of someone else's known pending trade to profit from the price impact.

Negative information spread to scare people into selling.

A project's theoretical market cap if all tokens were in circulation.

Evaluating an asset based on its underlying value rather than price patterns.

A periodic payment between long and short traders in perpetual futures markets that keeps the contract price close to spot price.

Contracts to buy or sell an asset at a specific price on a future date.