Glossary

Blockchain, cryptocurrency, tokens, NFTs… these are some of the most searched key terms in the fintech industry today, mainly because these crypto terms are current and “new,” and to some, they may seem overly complex.

If you’re interested in DeFi or TradFi you’ll stumble across one or more of these terms to know, which is why we thought we’d share a comprehensive glossary to make these concepts simple and digestible.

This glossary will bring you up to speed with all the relevant DeFi and TradFi terms to know – all geared towards bolstering the understanding and widespread application of all of these concepts within the industry and beyond. 

Bookmark this page for future reference, and don’t forget to refer back to it –We will be updating it often.



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

Cryptography

The science of using mathematical theories and computation in order to encrypt and decrypt information.

Custody

Can refer to an entity holding assets on behalf of a client or to the ownership of one’s funds or assets.

DeFi (Decentralized Finance)

A financial system that runs on a decentralized network rather than a single server. DeFi has become an umbrella term for a variety of financial applications in cryptocurrency or blockchain geared toward disrupting financial intermediaries.

Dead Cat Bounce

A period of time where the price of a declining asset briefly recovers only to be followed by a continuation of the downtrend.

Decentralised Exchange (DEX)

A a peer-to-peer marketplace where transactions occur directly between crypto traders DEXs fulfill one of crypto's core possibilities: fostering financial transactions that aren't officiated by banks, brokers, or any other intermediary.

Decentralization

In computing terms, a decentralized network
architecture distributes workloads among several machines, instead of relying on a single central server

Decentralized Application (dApp)

Applications that run on decentralized, P2P networks such as Ethereum that have no controlling entity.

Decentralized Autonomous Cooperative (DAC)

An organization that is controlled by shareholders rather than a central authority.

Decentralized Autonomous Organization (DAO)

An entity with no centralized leadership where decisions are made from the bottom up by the community that is organized around a set of rules that are enforced on a blockchain.

Decentralized Exchange (DEX)

A dApp that functions as an exchange where users are not required to deposit funds to start trading, and instead allows them to trade directly from their own wallets.

Decentralized Finance (DeFi)

An ecosystem that is comprised of decentralized financial applications that operate on blockchain networks.

Decryption

The act of reverting an encryption process so that unreadable data can be converted into a human-readable form.

Delegated Proof of Stake (dPOS)

A consensus algorithm similar to PoS in which stakeholders vote, by means of governance, for validators that facilitate block validation and production on the blockchain network.

Delegation

In DeFi, delegation refers to a cryptocurrency transaction from a wallet to a validator address. Delegations contribute to the efficacy of validator nodes and helps secure Proof of Stake blockchains.

Delegator

An account that sends tokens to a validator to receive a proportion of rewards generated from that validator node

Delisting

The removal of an asset from an exchange.

Difficulty

In mining, difficulty is used as a measure of the complexity required to mine a block.

Divergence

When the market price of an asset is heading in the opposite direction of a technical indicator such as the RSI, Volume or MACD.

Diversification

Allocating funds across a variety of types of assets and jurisdictions as a way to reduce overall risk.

Do Your Own Research (DYOR)

Good advice for any crypto investor. Don’t just blindly follow what others say about a coin or token.

Dollar-Cost Averaging (DCA)

A method of investing where fixed dollar amounts are regularly invested over time, regardless of the price of the asset.

Double Signing

The process whereby a validator signs two blocks at the same time.

Double Spending

An instance where a certain amount of coins are spent more than once.

Downtime

A period wherein a validator is absent from signing transactions.

Dutch auction

The price with the highest number of bidders is selected as the offering price so that the entire amount offered is sold at a single price. Dutch auctions can also refer to a market where prices generally start high and incrementally drop until a bidder accepts the going price.

reset icon
No articles found with those criteria, please reset or try another search.

By using this website, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information.