Crypto & Finance Glossary
Your guide to understanding cryptocurrency and finance terminology. From Bitcoin basics to advanced DeFi concepts.
Showing 1–9 of 9 terms starting with "U"
U
Uncle Block
blockchainA valid block that was mined at the same time as another block but didn't make it into the main chain.
Undercollateralized Lending
defiDeFi lending where borrowers put up less collateral than they borrow, similar to traditional unsecured loans.
Unemployment Rate
macroThe percentage of the labor force that's jobless and actively seeking work.
Uniswap
defiThe largest decentralized exchange on Ethereum that pioneered the automated market maker model.
Unrealized PnL
tradingThe profit or loss on a position that you haven't closed yet.
USDC (USD Coin)
cryptocurrencyA stablecoin pegged 1:1 to the US dollar, issued by Circle (co-founded with Coinbase under the Centre Consortium).
USDT (Tether)
cryptocurrencyThe largest stablecoin by market cap, pegged to the US dollar.
Utility Token
cryptocurrencyA token that provides access to a product or service rather than representing ownership.
UTXO
blockchainUnspent Transaction Output.
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