Glossary
A–D
Airdrop: free token distribution to wallets. AMM: automated market maker, a pricing algorithm used by DEXes. Block: a batch of transactions added to a chain. Cold wallet: keys stored offline. DEX: decentralized exchange. Dominance: an asset's share of total crypto market cap.
E–M
ETF: exchange-traded fund tracking an asset's price. Gas: fee paid for on-chain computation. Halving: scheduled reduction of new BTC issuance. L2: a network that settles to a base chain to scale it. Market cap: price × circulating supply. MiCA: the EU's crypto asset regulation.
N–Z
On-chain: recorded on a public blockchain. Rollup: an L2 that posts compressed transaction data to L1. Stablecoin: token designed to track a reference asset. TVL: total value locked in a protocol. Volatility: how much a price moves. Whale: a very large holder.