Defienomy
Defienomy is the largest site for articles and news on blockchain, cryptocurrency, and decentralized finance, providing expert insights, analysis, and practical guides for smarter investment decisions.
Bitcoin
The first decentralized digital currency based on blockchain technology, used as a store of value and a medium of exchange.
Ethereum
A blockchain network that supports smart contracts and the creation of decentralized applications (DApps).
Altcoin
Any cryptocurrency other than Bitcoin, such as Ethereum, Cardano, or Solana.
Stablecoin
A digital currency pegged to a stable asset like the US Dollar to reduce price volatility.
DeFi (Decentralized Finance)
Decentralized financial systems operating without intermediaries like banks, allowing direct lending, borrowing, and trading.
NFT (Non-Fungible Token)
A unique digital asset representing ownership of a specific item, such as digital art or collectibles.
Smart Contract
A program that automatically executes on the blockchain when certain conditions are met.
Blockchain
A distributed digital ledger used to securely and transparently record all transactions.
Ledger
A digital record that logs all transactions on the blockchain.
Wallet
A digital wallet used to store and manage cryptocurrencies and private keys.
Private Key
A secret key that allows access and control over your cryptocurrency holdings.
Public Key
A public key used to receive cryptocurrency and verify transaction authenticity.
Gas Fee
Transaction fees on networks like Ethereum, required to execute smart contracts.
Token
A digital unit representing an asset or right within a blockchain network.
Tokenomics
The study of cryptocurrency distribution and usage within a project’s economic system.
Yield Farming
A method to earn rewards on cryptocurrency by participating in DeFi protocols.
Liquidity Pool
A collection of digital assets provided to facilitate trading on DeFi platforms.
Staking
Locking cryptocurrencies in a PoS network to earn rewards.
Mining
The process of verifying transactions on a PoW network to earn cryptocurrency.
Hash Rate
The processing power used by miners to validate transactions.
Consensus Mechanism
A method by which a blockchain network agrees on the validity of transactions (e.g., PoW or PoS).
Proof of Work (PoW)
A consensus algorithm requiring computational work to verify transactions.
Proof of Stake (PoS)
A consensus algorithm where users stake coins to validate transactions and secure the network.
Validator
A participant in a PoS network who verifies transactions and helps secure the network.
DAO (Decentralized Autonomous Organization)
A decentralized organization that operates using smart contracts without centralized authority.
DApp (Decentralized Application)
An application running on a blockchain in a decentralized manner.
ERC-20
A standard for fungible tokens on Ethereum that facilitates token creation and exchange.
ERC-721
A standard for non-fungible tokens (NFTs) on Ethereum.
ERC-1155
A multi-token standard supporting both fungible and non-fungible tokens.
Exchange
A platform for trading cryptocurrencies.
Centralized Exchange (CEX)
A centralized platform that controls assets and manages trades.
Decentralized Exchange (DEX)
A decentralized trading platform that operates without intermediaries using smart contracts.
Liquidity Mining
Earning rewards by providing liquidity on DeFi platforms.
Impermanent Loss
Temporary loss that can occur when providing liquidity in a pool due to price fluctuations.
Slippage
The difference between the expected transaction price and the executed price.
Market Cap
The total market value of a cryptocurrency (price × circulating supply).
Circulating Supply
The number of coins currently available in the market.
Total Supply
The total number of coins that will ever exist.
Token Burn
The process of permanently removing tokens from circulation to reduce supply and increase value.
Fork
A split in a blockchain to change or improve rules.
Hard Fork
A permanent blockchain split requiring all participants to upgrade.
Soft Fork
A backward-compatible blockchain split.
Layer 1
The base blockchain network, e.g., Bitcoin or Ethereum.
Layer 2
Scaling solutions built on top of Layer 1 to speed up transactions and reduce fees.
Cross-chain
The ability to transfer assets or data between different blockchain networks.
Wrapped Token (e.g., WBTC)
A representation of a cryptocurrency from one blockchain on another blockchain.
Oracles
External data sources providing information to smart contracts on the blockchain.
Flash Loan
A loan taken and repaid instantly within a single transaction on DeFi platforms.
Governance Token
A cryptocurrency that gives holders voting rights on protocol decisions.
Rug Pull
A DeFi scam where developers withdraw liquidity suddenly, defrauding investors.
Token Swap
Exchanging one cryptocurrency for another, often within a DEX.
Airdrop
Distribution of free tokens to users, often as a marketing strategy.
Liquidity Provider (LP)
A user who deposits tokens into a liquidity pool to facilitate trading and earn rewards.
Impervious Wallet
A wallet with enhanced privacy and security features, resistant to tracking.
DEX Aggregator
A platform that combines liquidity from multiple DEXs to provide the best trading rates.
Layered Security
Multiple security measures implemented to protect crypto assets and networks.
Wrapped Ether (WETH)
A tokenized version of Ether compatible with ERC-20 standards for DEX use.
Flash Swap
Instant token exchange on a DEX using borrowed liquidity.
Synthetic Asset
A blockchain-based asset that mimics the value of another asset, like stocks or commodities.
Collateralized Loan
A loan backed by digital assets as collateral to secure repayment.
Decentralized Oracle Network
A decentralized network providing reliable external data to smart contracts.
Blockchain Explorer
A tool that allows users to view and track transactions on a blockchain.
Token Vesting
A schedule that locks tokens for a period before they can be used or sold.
Non-Custodial Wallet
A wallet where users retain full control over their private keys and assets.
Multi-Signature Wallet
A wallet that requires multiple approvals before transactions can be executed.
Privacy Coin
A cryptocurrency focused on transaction anonymity, like Monero or Zcash.
Layered Protocol
A protocol built with multiple layers to improve scalability and functionality.
Off-Chain Transaction
A transaction executed outside the blockchain, later settled on-chain.
On-Chain Governance
Decision-making processes that occur directly on the blockchain via tokens.
Flash Arbitrage
Profiting from price differences across exchanges within a single transaction.
Stablecoin Peg
The mechanism that maintains a stablecoin’s value relative to its pegged asset.
Decentralized Lending
Lending crypto assets on DeFi platforms without intermediaries.
Margin Trading
Trading with borrowed funds to increase exposure to an asset.
Liquidation
The forced sale of collateral when loan conditions are not met.
Yield Aggregator
A platform that automatically moves assets to the highest-yielding opportunities.
Wrapped Bitcoin (WBTC)
Bitcoin tokenized for use on Ethereum and DeFi applications.
Impermanent Profit
Profit or gain that fluctuates with market conditions in DeFi positions.
Protocol Fee
A fee charged by a DeFi protocol for providing services or transactions.
Synthetic Derivative
A blockchain-based derivative that replicates another asset’s value.
Rebase Token
A token whose supply adjusts automatically to maintain a target price.
Token Vesting Schedule
A timetable outlining when project tokens become available for use or sale.