The Dictionary
Explore 336+ clear, technical, and objective definitions defining the decentralized future.
Recently Defined
Node
A node is a computer or device that participates in a blockchain network by storing, sharing, validating, or relaying data.
AMM (Automated Market Maker)
An Automated Market Maker, or AMM, is a system used by decentralized exchanges to price assets and process trades using algorithms and liquidity pools instead of a traditional order book.
Impermanent Loss
Impermanent loss is the temporary loss in value that a liquidity provider may experience when the price of the tokens in a liquidity pool changes compared with simply holding those tokens in a wallet.
Liquidity Pool
A liquidity pool is a collection of crypto assets locked in a smart contract that allows users to trade tokens on decentralized exchanges without relying on a traditional order book.
Stop Hunt
A stop hunt is a price move that pushes into areas where many stop-loss orders are likely placed, triggers those stops, and then reverses direction. It is often linked to liquidity-seeking behavior in the market.
Hardware Wallet
A physical, offline device (such as Ledger Nano S/X, Trezor Model T, or KeepKey) that securely stores your cryptocurrency private keys and signs transactions without ever exposing the keys to the internet or your computer/phone.
On-Chain Data
On-chain data is information recorded directly on a blockchain. This includes transactions, wallet activity, token transfers, smart contract interactions, fees, and other measurable blockchain events.
Block Explorer
A block explorer is a tool or website that lets users search and view blockchain data, including wallet addresses, transactions, token contracts, blocks, and network activity.
Gas
Gas is a measure of the computational work required to perform operations on certain blockchain networks, especially Ethereum and other EVM-compatible networks. Users pay fees based on the gas required and the network's fee conditions.
Token Contract
A token contract is the smart contract address that defines and manages a token on a blockchain. It is the on-chain source that tells wallets and applications how the token behaves, including its name, supply logic, and transfer rules.
Transaction Hash
A transaction hash is a unique identifier assigned to a blockchain transaction. It acts like a digital receipt number that lets users track and verify a transfer on the blockchain.
Wallet Address
A wallet address is a public string of letters and numbers used to send or receive cryptocurrency on a blockchain. You can think of it like a crypto account number: people use it to send assets to your wallet, but it does not give them control over your funds.
ATH (All-Time High)
ATH, or All-Time High, is the highest price a cryptocurrency has ever reached in its trading history.
Hash Rate
Hash rate measures the total computational power used in mining.
Altcoin
An altcoin is any cryptocurrency other than Bitcoin.
Max Supply
Max supply is the total number of coins that will ever exist.
Circulating Supply
Circulating supply is the number of cryptocurrency units considered publicly available and circulating in the market. It generally excludes tokens that remain locked, permanently unavailable, or otherwise outside active circulation according to the data provider's methodology.
Market Cap
Market capitalization, or market cap, estimates the market value of a cryptocurrency's circulating supply. It is commonly calculated as: Market Cap = Current Price × Circulating Supply
Trend
A trend is the general direction of price movement over time.
Resistance
Resistance is a price level where selling pressure prevents price from rising further.