The most comprehensive crypto glossary for Intermediate level
The most comprehensive crypto glossary out there.
Arbitrage
An asset that is bought in a market and then sold in another market for a higher price in order to make a profit.
Category:
Level: Intermediate
AMM (automated market maker)
AMM is the underlying protocol that relies on a specific mathematical formula to price assets. AMM is usually used by decentralized exchanges (DEXs) to replace traditional order books with liquidity pools. AMM allows DEXs to eliminate the need for centralized intermediaries. Some DEXs use a hybrid system, where AMM and order books are used simultaneously.
Category:
Level: Intermediate
AISP (Account Information Service Provider)
Provider that gives third parties access to customers' accounts with the customers' permission. AISPs allow access to financial information from accounts held with other financial institutions. An AISP licensee acts as the go-between for multiple institutions.
Category:
Level: Intermediate
Algorithm
A set of steps that defines a sequence of actions. A computer algorithm is a sequence of instructions that conduct computer programs to perform a number of different tasks.
Category:
Level: Intermediate
Air-gaps
Air-gaps prevent data from being infected or corrupted because the data cannot be accessed.
Category:
Level: Intermediate
Airdrop
Distributing cryptocurrency tokens for free to a large number of wallet addresses. The purpose of an airdrop is usually to increase awareness regarding the coin or token that is being distributed, as well as to diversify the number of holders of that asset.
Category:
Level: Intermediate
ADX (Average Directional Index)
Tool for assessing the comprehensive strength of a trend. Whenever the market moves in the direction of a strong trend, trading increases the chances of profit and lowers the risk by a considerable margin.
Category:
Level: Intermediate
Admin Key
A private key that enables users to control money contained in smart contracts in a DApp. While the beauty of blockchains is their decentralization and self-control, DApps are developed via smart contracts that are developed and deployed by developers.
Category:
Level: Intermediate
Accumulation/Distribution Indicator
Calculated by multiplying the closing price of a specific period with volume, the indicator shows the supply/demand level for a stock/asset/cryptocurrency.
Category:
Level: Intermediate
Aave
A decentralized lending and borrowing platform that operates autonomously on the Ethereum blockchain, in addition to the Polygon and Avalanche networks. Aave users can take out loans by providing cryptocurrency collateral. Aave is the pioneer of “flash loans” in the blockchain world, which allows for the uncollateralized lending of assets.
Category:
Level: Intermediate
1inch
An automated market maker (AMM) that operates as a decentralized exchange (DEX). 1inch consists of a number of liquidity pools where users can deposit their tokens into these pools through a process called “liquidity mining”. The operating principles of 1inch are similar to that of the ubiquitous Uniswap (UNI) protocol.
Category:
Level: Intermediate
0x
In the Ethereum blockchain, 0x protocol provides an open standard for decentralized exchanges (DEXs). It allows developers to integrate peer-to-peer exchange of digital assets into platforms and apps.
Category:
Level: Intermediate