Complete definitions for Bitcoin, DeFi, Web3, NFT terms and crypto slang. Updated regularly. Join @crypto_med1a for daily crypto insights.
📢 Join TelegramThe first and largest cryptocurrency by market cap, created by Satoshi Nakamoto in 2009. A decentralized digital currency that operates without a central bank.
A decentralized blockchain platform that enables smart contracts and decentralized applications (dApps). The second-largest cryptocurrency by market cap.
Financial services built on blockchain networks that operate without traditional intermediaries like banks. Includes lending, borrowing, trading, and yield farming.
A unique digital asset stored on a blockchain. Unlike regular cryptocurrencies, each NFT is one-of-a-kind and cannot be exchanged on a 1:1 basis.
The next generation of the internet built on blockchain technology, emphasizing decentralization, token-based economics, and user ownership of data.
Any cryptocurrency other than Bitcoin. Includes Ethereum, Solana, Cardano, and thousands of other tokens.
Software or hardware that stores private keys and allows users to send, receive, and manage cryptocurrency holdings.
The process of locking up cryptocurrency to support network operations and earn rewards. Similar to earning interest in traditional finance.
A DeFi strategy where users provide liquidity to protocols in exchange for rewards, typically in the form of tokens.
A smart contract containing locked funds that provides liquidity for decentralized exchanges and DeFi protocols.
Self-executing code stored on a blockchain that automatically enforces the terms of an agreement when conditions are met.
The transaction fee paid to validators/miners for processing operations on a blockchain network, most commonly associated with Ethereum.
A crypto community term meaning to hold cryptocurrency long-term rather than selling during price drops. Originally a misspelling of 'hold'.
A period of rising cryptocurrency prices and positive market sentiment, typically characterized by increased trading volume and investor optimism.
A prolonged period of falling cryptocurrency prices, often defined as a 20%+ decline from recent highs. Characterized by negative sentiment.
An individual or entity that holds a large amount of cryptocurrency. Whale movements can significantly impact market prices.
A distribution of free cryptocurrency tokens to wallet addresses, typically used as a marketing strategy or to reward early users.
An organization governed by smart contracts and token holders rather than traditional management. Decisions are made through community voting.
Scaling solutions built on top of existing blockchains (Layer 1) to increase transaction speed and reduce fees. Examples: Polygon, Arbitrum, Optimism.
Traditional financial assets like real estate, bonds, or commodities that are tokenized and represented on a blockchain.