Glossary
Swap: A trade from token A to token B on a decentralized exchange.
Cross-chain: Interoperability between two relatively independent blockchains.
Liquidity provider (LP): A liquidity provider is a person that locks liquidity in a protocol in order to receive returns.
Annual percentage yield (APY): Is the rate you can earn on an account in one year (incl. compound).
Slippage: Is the price difference between a cryptocurrency quote price and paid price.
Staking: A crypto-asset performing tasks within a network or protocol and getting returns.
Total value locked (TVL): Represents the number of assets that are staked in a specific protocol.
Fully diluted valuation (FDV): The valuation of a token or protocol considering all existing tokens.
Impermanent loss: A loss that occurs when tokens are in a liquidity pool and the ratio of the tokens in the liquidity pool becomes uneven.
Automated market maker (AMM): An automated market maker is a protocol mechanism that relies on a mathematical formula to price assets.
Last modified 3mo ago