Crypto & Finance Glossary

A platform that helps new crypto projects launch their tokens and raise funds from early investors.

The underlying infrastructure that connects and enables communication between different Layer 1 blockchains.

The base blockchain that processes and finalizes transactions.

A secondary network built on top of a Layer 1 to improve scalability.

Application-specific chains built on top of Layer 2 networks, adding another level of scalability for particular use cases like gaming or social apps.

An omnichain interoperability protocol that lets smart contracts communicate across blockchains.

A record of transactions.

A DeFi application that lets you lend your crypto to earn interest or borrow against your holdings.

Borrowing funds to increase your trading position beyond what your capital alone would allow.

Let's F***ing Go.

The largest liquid staking protocol, mainly used for Ethereum staking.

A Layer 2 payment network built on Bitcoin that enables near-instant, low-cost transactions through payment channels.

An order to buy or sell at a specific price or better.

An Ethereum Layer 2 built by Consensys (the company behind MetaMask) using zero-knowledge proof technology.

Taking liquid staking one step further by restaking your liquid staking tokens on protocols like EigenLayer and getting yet another receipt token.

Staking your crypto while still being able to use it in DeFi through a receipt token.

A token received when staking through a liquid staking protocol, representing your staked position.

When a borrower's collateral is forcibly sold because their position became too risky.

How easily an asset can be bought or sold without significantly affecting its price.

A Dutch auction-style token launch mechanism where the price starts high and gradually decreases.

How much an asset can be bought or sold without significantly moving the price.

The problem of liquidity being spread across many different chains, DEXs, and pools instead of being concentrated in one place.

Earning tokens by providing liquidity to a protocol.

A pool of tokens locked in a smart contract that enables decentralized trading.

The act of depositing tokens into a liquidity pool to enable trading on a decentralized exchange.

A trade that profits when an asset's price increases.

Tokens that fall outside the top 100-200 by market cap, with lower liquidity and trading volume.

When only a small percentage of a token's total supply is circulating in the market.