This is a success message.
This is an error message.

Leaving site

You are about to leave the dYdX Academy website and join a website made available by Hedgies, which is independent from and unaffiliated with dYdX Academy. dYdX Academy is not responsible for any action taken or content on the third-party website.

Leaving site

You are about to leave the dYdX Academy website and join a website made available by dYdX Foundation, which is an independent from and unaffiliated with dYdX Academy. dYdX Academy is not responsible for any action taken or content on the third-party website.

Leaving site

To trade on the dYdX protocol you will leave the dYdX Academy website and join a website made available by dYdX Trading Inc., which is independent from and unaffiliated with dYdX Academy. dYdX Academy is not responsible for any action taken or content on the third-party website.

Sign Up

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

The extensive glossary for

DeFi and Web3

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Tag
Showing 0 of 150
P
.

Ponzi scheme

Ponzi Scheme is a fraudulent investment operation where returns are paid to existing investors from funds contributed by new investors, rather than from profit earned. They are not sustainable and should not be invested in.
Full definition
P
.

Price action

Price Action refers to the fluctuations of a financial asset's price over a period of time. When plotted on a chart, it can be used by traders to identify potential trades.
Full definition
P
.

Private key

A Private Key is a long numerical code that enables users to sign transactions and generate receiving addresses. It must be kept secret to maintain the security of the wallet.
Full definition
P
.

Public key

Public Key is the address of a cryptocurrency wallet that can be shared publicly to receive funds. It is similar to an email address or account number, while the private key is like a password.
Full definition
P
.

Proof of Work (PoW)

Proof of Work (PoW) is a method used to secure blockchain networks where miners complete computational work to create a new block and add it to the blockchain, which is then verified by other nodes on the network.
Full definition
P
.

Proof of Attendance Protocol (POAP)

POAPs (Proof of Attendance Protocols) are unique, digital tokens or collectibles.
Full definition
P
.

Proof of Reserves (PoR)

Proof of Reserves (PoR) is a method of verifying that an exchange has enough funds to cover the assets of its users.
Full definition
P
.

Proof of Stake (PoS)

Proof of Stake (PoS) is a consensus mechanism that rewards block validators based on the amount of coins they hold in stake.
Full definition
Q
.

Quantum computing

Quantum Computing is a type of computing that uses quantum-mechanical phenomena, like superposition and entanglement, to perform operations on data. It uses qubits which can take on the value of 1, 0, or both simultaneously unlike the traditional bits.
Full definition
R
.

Rekt

Rekt is a slang term used to describe someone or something that has been destroyed or has experienced a catastrophic failure, similar to being liquidated.
Full definition
R
.

Relative Strength Index (RSI)

Relative Strength Index (RSI) is a technical indicator that measures market momentum and is used to identify overbought and oversold conditions.
Full definition
R
.

Resistance

Resistance is a term in Technical Analysis (TA) that refers to a price level where an asset's price struggles to rise above. It's often compared to previous highs.
Full definition
R
.

Return on Investment (ROI)

Return on Investment (ROI) is a metric used to evaluate the efficiency of an investment, calculated as the ratio of net profit to net cost.
Full definition
R
.

Roadmap

Roadmap is a planning technique that outlines a company's short and long-term goals within a flexible estimated timeline.
Full definition
R
.

Rug pull

Rug pull refers to a situation in the crypto industry when a development team unexpectedly abandons a project and sells or removes all its liquidity.
Full definition
S
.

Satoshi

A Satoshi is the smallest unit of bitcoin, equal to 0.00000001 BTC or one-hundred-millionth of a bitcoin as defined by the Bitcoin protocol.
Full definition
S
.

Satoshi Nakamoto

Satoshi Nakamoto is the pseudonym used by the unknown person or group who created the bitcoin protocol and whitepaper.
Full definition
S
.

Securities and Exchange Commission (SEC)

Securities and Exchange Commission (SEC) is an independent government agency responsible for regulating securities markets in the United States.
Full definition
S
.

Security audit

Security Audit is a systematic examination that evaluates the safety of a system, smart contract, or blockchain against attacks or technical failures.
Full definition
S
.

Seed phrase

A Seed Phrase, also known as a mnemonic seed, is a sequence of words that can be used to regain access to a cryptocurrency wallet.
Full definition
S
.

Sentiment

Sentiment refers to the general attitude or feeling of a community or investors towards a specific cryptocurrency or financial market.
Full definition
S
.

Smart contract

Smart Contract is a digital contract that automatically executes when certain conditions are met, like 'If...then' statement, such as transferring money from A to B only when condition C is met.
Full definition
S
.

Snapshot

Snapshot refers to the ability to capture the state of a blockchain ledger, storage device, or computer system at a specific point in time.
Full definition
S
.

Source code

Source Code is the set of instructions and statements that define how a software program functions.
Full definition
S
.

Stablecoin

Stablecoin is a type of cryptocurrency that aims to maintain a stable value, unlike other cryptocurrencies that are known for their volatility.
Full definition
S
.

Staking pool

Staking Pool is a group where stakeholders combine their staking power to improve their chances of validating a new block on a blockchain network.
Full definition
S
.

Store of value

Store of Value is a commodity, asset, or currency that can be saved, retrieved, and exchanged later without losing its value over time.
Full definition
S
.

Support

Support is a term in Technical Analysis (TA) that refers to a price level where an asset's price struggles to fall below. It's often compared to previous lows.
Full definition
T
.

Taker

Taker is a trader who places an order that is immediately matched with an existing order on the order book.
Full definition
T
.

Token lockup

Token Lockup or vesting period is a period of time during which tokens or coins cannot be transferred or traded.
Full definition
T
.

Total supply

Total Supply refers to the total number of coins or tokens that currently exist and are in circulation or locked in some way.
Full definition
T
.

Transaction ID (TXID)

Transaction ID (TXID) is a unique string of characters that identifies each transaction on a blockchain network.
Full definition
T
.

Transactions Per Second (TPS)

Transactions Per Second (TPS) is a measure of how many transactions a blockchain network can process in one second.
Full definition
T
.

Trustless

Trustless refers to a system where no single entity has authority over it and consensus is reached among participants who do not have to trust each other.
Full definition
U
.

User Interface (UI)

User Interface (UI) is the point of interaction between a human and a machine, and it determines how a user can interact with the machine.
Full definition
V
.

Volatility

Volatility refers to the rate and extent at which the price of an asset changes. It's typically measured in terms of standard deviations in the annual return of an asset over a specific period of time.
Full definition
V
.

Validator

Validator is someone who pays for the opportunity to validate transactions and earn cryptocurrency on a proof of stake blockchain network.
Full definition
V
.

Volume

Volume is a measure of the number of individual units of an asset that were traded in a market over a specific time period.
Full definition
W
.

Wallet

A Wallet is a tool used to send and receive cryptocurrencies. Different types include software wallets, hardware wallets, and paper wallets.
Full definition
W
.

Weak hands

Weak Hands is a term referring to traders or investors who lack the conviction to hold onto their assets or stick to their trading plans.
Full definition
W
.

Web1

Web1 refers to the first version of the web, where data was mainly read-only pages linked by hyperlinks. It's also known as the "read-only" web.
Full definition
W
.

Wei

Wei is the smallest unit of Ether (ETH), the cryptocurrency used on the Ethereum network. It's commonly used when discussing gas prices.
Full definition
W
.

Whale

Whale refers to an individual or organization that holds a significant amount of Bitcoins or other cryptocurrencies, giving them the ability to influence the markets.
Full definition
W
.

Whitelist

Whitelist is a list of authorized or trusted individuals, computer programs, or cryptocurrency addresses in relation to a service or event.
Full definition
W
.

Wick

Wick refers to a line on a candlestick chart that shows the fluctuation of an asset's price in relation to its opening and closing prices.
Full definition
W
.

Web2

Web2 is a term used to describe the second generation of the World Wide Web, characterized by increased interactivity, user-generated content, and social media integration. It refers to a more dynamic and participatory web experience, where users can collaborate, share information, and interact with each other in real-time, compared to the static and passively consumed content of the early web (Web1).
Full definition
W
.

Web3

Web3 refers to the third generation of the World Wide Web, aimed at creating a decentralized, more secure and user-centric internet. It aims to move away from the centralized architecture of Web2 and towards a more distributed and decentralized network of nodes, utilizing technologies such as blockchain and decentralized protocols. Web3 aims to provide users with more control over their data, greater privacy and security, and reduced reliance on intermediaries, enabling a more open, transparent, and equitable web experience.
Full definition
Y
.

Yield

Yield is a measure of return on investment, usually expressed as a percentage.
Full definition
Z
.

Zero-knowledge proofs (ZKP)

Zero-knowledge proofs (ZKP) are a method of proving knowledge without revealing information, providing privacy and security. It's used in blockchain tech, especially in privacy-focused cryptocurrencies.
Full definition
Z
.

zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge)

zk-SNARKs is a type of zero-knowledge proof that verifies the correctness of a computation without revealing the input or output. It's used for privacy and smart contracts on the blockchain.
Full definition
No results found.
There are no results with this criteria. Try changing your search.