deBridge DeFi Glossary | Understand The Words of Crypto
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Hard Wallet

A hard wallet is a physical device for storing crypto securely offline. It helps to protect funds from online attacks, helping you safely store your crypto.

HODL

An acronym for Hold on for Dear Life - maintaining ownership of tokens lifelong despite volatility. It’s a popular meme symbolizing strong conviction.

Honeypot

A honeypot is a tool to detect unauthorized access attempts. It helps identify malicious activity.

Hot Wallet

A software-based crypto wallet connected to the internet. It’s convenient but more vulnerable to hacks compared to a hard wallet.

Hooks

Hooks are cross-chain abstraction tools offered by deBridge. They enable smart contracts to work across chains seamlessly.

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