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Explore 336+ clear, technical, and objective definitions defining the decentralized future.
Beta measures how volatile an asset is relative to a benchmark.
Correlation measures how closely two assets move together.
A volatility index measures expected price fluctuations in a market.
Portfolio rebalancing is adjusting asset allocations back to target percentages.
Dollar-cost averaging (DCA) is an investment strategy where fixed amounts are invested at regular intervals regardless of price.
Diversification means spreading investments across multiple assets to reduce risk.
Position size is the amount of capital allocated to a single trade.
The quote currency is the second asset in a trading pair.
The base currency is the first asset listed in a trading pair.
Market depth measures the number and size of buy and sell orders at different prices within an order book.
An admin key (or privileged key/role) is a private key or multisig address that retains special permissions over a smart contract—such as upgrading code, pausing the protocol, changing parameters, or withdrawing funds.
Governance risk is the possibility that decisions made through a protocol’s governance process (token voting, multisig, or admin actions) negatively affect users—via malicious proposals, poor parameter changes, or capture by large holders.
A yield aggregator is a DeFi protocol that automatically allocates and rebalances users’ deposited assets across multiple lending, liquidity, or farming venues to optimize risk-adjusted returns.
Total Value Locked (TVL) is the aggregate USD value of all cryptocurrency assets deposited or staked in a particular DeFi protocol, smart contract, or blockchain ecosystem at a given time.
Non-custodial (or non-custodial wallet/protocol) means the user alone holds and controls the private keys; no third party, exchange, or company can access, freeze, or move the assets without the user’s cryptographic signature.
A wallet drainer is a malicious smart-contract or phishing toolkit designed to trick users into signing transactions or approvals that immediately (or later) transfer all valuable assets out of their wallet to the attacker’s address.
To revoke a token approval is to remove or reduce a previously granted spending allowance for a smart contract or address.
An ERC-20 approval sets an allowance that lets a specified address or smart contract spend up to a defined amount of a user's tokens.
A dApp (decentralized application) is a software application that runs on a blockchain network via smart contracts rather than centralized servers, giving users direct, permissionless interaction.
USDC (USD Coin) is a fiat-backed stablecoin issued by Circle, designed to maintain a 1:1 peg with the US dollar and fully reserved by cash and short-term US Treasuries held in regulated accounts.