Beginner
A market for trading the underlying asset with settlement according to the venue's delivery rules.
Crypto Dictionary word feed
Added to the dictionary
Beginner
A crypto asset designed to track a reference value, commonly a national currency.
IN THE WILD
Before treating a dollar-targeting stablecoin as interchangeable with dollars, you check its reserves, redemption access and recent trading price.
Beginner
Committing assets to support a proof-of-stake network under its validation and reward rules.
IN THE WILD
“Where does the staking reward come from?” You check whether the service runs validators and what happens to your deposit if they fail their duties.
Intermediate
A valid block left outside the chain selected by the network's fork-choice rules.
Intermediate
The current data a blockchain records as the result of its accepted transaction history.
IN THE WILD
After your repayment is accepted, the lending contract’s state shows a smaller debt even though the older borrowing transaction remains in its history.
Advanced
A system where participants exchange authorized state updates offchain and use a blockchain to enforce settlement.
IN THE WILD
You and another player exchange signed game-state updates, then use the channel's blockchain settlement rules for the final enforceable result.
Advanced
A cryptographic commitment to blockchain state using its defined authenticated data structure.
Intermediate
An order activated when a specified price or other trigger condition is reached.
IN THE WILD
"The stop triggered at my chosen level. That wasn't a promise my stop-market order would fill at exactly that price."
Beginner
An exchange of one asset for another, often executed through a blockchain trading protocol.
Beginner
A charge applied by a trading protocol when exchanging assets.
IN THE WILD
The swap quote includes a pool fee, while your wallet separately estimates the ETH needed to send the transaction.