deBridge DeFi Glossary | Understand The Words of Crypto
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Satoshi

A satoshi is the smallest unit of Bitcoin. 1 BTC equals 100 million satoshis.

SDK

An SDK provides tools for developers to integrate with protocols. It simplifies blockchain app building.

Security Audit

A security audit checks smart contracts for vulnerabilities. It helps ensure protocol safety.

Sei

Sei is a specialized blockchain designed for high-frequency trading applications. It focuses on performance and scalability.

Self-custody

Self-custody means you control your own private keys. No third party can access your funds.

Slippage

Slippage is the difference between expected and actual trade execution price. It happens during high volatility or low liquidity.

Smart Contract

A smart contract is a self-executing code that runs on a blockchain. It removes the need for intermediaries.

Solana

Solana is a high-speed, open-source blockchain for dApps and smart contracts. It supports high-performance applications.

Sonic

Sonic is a L1 blockchain designed to deliver high speed, security, and scalability. It aims to power next-generation DeFi and gaming applications.

Stablecoin

A stablecoin is pegged to a stable asset like USD. It helps reduce volatility in trading.

Staking

Staking is a method of locking tokens to secure a network and earn rewards. For example, individuals can stake ETH on the Ethereum blockchain.

Swap

A swap directly exchanges one token for another. It’s widely used in DEXs and cross-chain bridges.

Testnet

A testnet is a blockchain used for experimentation. It mimics mainnet but uses valueless tokens.

Token

A token is a digital asset issued on a blockchain. It can represent currency, utility, or ownership.

Tokenomics

The economics and design of a token’s supply and utility. It influences demand, price, and long-term value.

Total Supply

The total supply is the maximum number of tokens that will ever exist. It includes circulating and locked tokens.

TVL (Total Value Locked)

TVL measures how much value is locked in a DeFi protocol. It’s a key indicator of ecosystem activity.

Validator

A validator is a node that confirms blocks and secures the network. It secures the network by verifying transactions and earns rewards for honest work.

Vault

A vault is a smart contract that manages pooled assets. It’s used in DeFi for automation and yield optimization.

Volatility

Volatility measures how quickly asset prices change. Crypto markets are known for high volatility.

WAGMI

WAGMI is an acronym for “We’re All Gonna Make It.” It expresses positivity and shared optimism.

Wallet

A wallet is a tool for storing and managing your crypto assets. It can be hardware, software, custodial, or non-custodial.

Watchlist

A watchlist is a set of tokens you monitor.Traders use it to track potential opportunities.

Web3

Web3 is the decentralized version of the internet powered by blockchains. It brings user ownership, transparency, and permissionless apps.

Whale

Whale is a wallet or user holding a large amount of crypto. Whales can influence market movements.
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