DeFi Protocols

DeFi protocols are blockchain-based apps that offer financial services like lending, trading, and earning interest without traditional intermediaries.

DEXs (Decentralized Exchanges)

DEXs are decentralized exchanges that let users trade cryptocurrencies directly from their wallets using smart contracts, without a central authority.

Gas Fees

Gas fees are transaction costs paid to network validators to process and secure operations on a blockchain, varying with demand and complexity.

Ethereum

Ethereum is a decentralized blockchain platform that runs smart contracts and dApps, using its native cryptocurrency (ETH) for transactions and fees.

Crypto Slang

Crypto slang is informal language used in crypto communities to describe trends, behaviors, and market events (e.g. HODL, FOMO, degen, etc.).

On-ramps and Off-ramps

On-ramps are services that let users convert fiat money into crypto, while off-ramps let users convert crypto back into fiat currency.

CEXs (Centralized Exchanges)

Centralized exchanges (CEXs) are platforms run by companies that facilitate crypto trading by acting as intermediaries between buyers and sellers.

CeFi

CeFi (Centralized Finance) refers to financial services in crypto that are managed by centralized companies acting as intermediaries for users.

Privacy coins

Privacy coins are digital currencies that hide transaction information, such as the sender, receiver, and amount.