REKT
Wrecked: crypto slang for taking a brutal loss or having a trade go badly wrong.
In more detail
Getting rekt can mean a portfolio took a beating, a leveraged position was liquidated or a trade completely fell apart. The spelling comes from online gaming slang and is usually exaggerated or self-mocking. It doesn't name a fixed loss percentage, so the surrounding conversation tells you how bad the damage was.
How you might use it
I cranked up the leverage and got rekt by a move the spot chart barely noticed.
- Also called
- Wrecked
Listen uses a browser-generated voice. Accents and pronunciation can vary.
Got a way to make REKT click?
Add your takeBy Crypto Dictionary · Published · Updated
Go to the source
Use the original reference to explore the details behind this entry.
Read the referenceAn original explanation with a reference to follow. Protocol details and community usage can evolve. Sources & standards