deBridge DeFi Glossary | Understand The Words of Crypto
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Fiat

Government-issued currency, e.g., USD or EUR.

Finality

The assurance of the irreversibility of a blockchain transaction.

Fork

A fork happens when a blockchain splits into two versions. It can be planned (upgrade) or unplanned (disagreement).

Front-running

Front-running is executing a trade before someone else to profit from their order. MEV bots often use this strategy to exploit orders for profit.

Fully Diluted Valuation (FDV)

A projection of a protocol’s market value in the future if all tokens were in circulation. It helps assess long-term valuation.

Fear Of Missing Out (FOMO)

FOMO is the fear that you’re missing a profitable opportunity. It often leads to emotional or rushed decisions in crypto.

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