Glossary

The set of rules by which distributed nodes agree on a single valid version of a…

A distributed ledger of transactions grouped into cryptographically linked blocks, maintained across many computers so records…

A cryptocurrency designed to hold a steady value by tracking a reference asset such as a…

A protocol that moves assets or data between separate blockchains, typically by locking tokens on one…

The unrealised loss a liquidity provider faces when pooled token prices diverge, leaving them worse off…

A smart-contract reserve of two or more tokens deposited by users, providing the funds that traders…

A smart contract that sets asset prices algorithmically from pooled reserves, letting users trade against the…

Financial services such as lending and trading built on public blockchains using smart contracts, operating without…

A wallet where you alone hold the private keys and seed phrase, giving full control of…

A wallet where a third party such as an exchange holds your private keys and controls…