52+ Terms

Crypto Glossary

Learn cryptocurrency terms and definitions. From basic concepts to advanced DeFi terminology.

All
General
Trading
DeFi
Technology
Security
Strategy
Taxes
Slang
Distribution
A

Airdrop

Free distribution of cryptocurrency tokens to wallet addresses, often used for marketing or rewarding early adopters.

Distribution

All-Time High (ATH)

The highest price a cryptocurrency has ever reached since its creation.

Trading

Altcoin

Any cryptocurrency other than Bitcoin. Includes Ethereum, Solana, and thousands of other tokens.

General

APY (Annual Percentage Yield)

The yearly interest rate earned on an investment, including compound interest. Common in DeFi staking.

DeFi
B

Bear Market

A period of declining prices in the crypto market, typically defined as a 20%+ drop from recent highs.

Trading

Bitcoin (BTC)

The first and largest cryptocurrency by market cap, created by Satoshi Nakamoto in 2009.

General

Blockchain

A distributed, immutable digital ledger that records all transactions across a network of computers.

Technology

Bull Market

A period of rising prices in the crypto market, characterized by optimism and buying momentum.

Trading
C

Cold Wallet

A cryptocurrency wallet that's not connected to the internet, offering enhanced security. Examples: Ledger, Trezor.

Security

Cost Basis

The original value of an asset for tax purposes, typically the purchase price plus fees.

Taxes
D

DCA (Dollar Cost Averaging)

An investment strategy where you invest a fixed amount at regular intervals, regardless of price.

Strategy

DeFi (Decentralized Finance)

Financial services built on blockchain without traditional intermediaries like banks.

DeFi

DEX (Decentralized Exchange)

A cryptocurrency exchange that operates without a central authority, using smart contracts. Examples: Uniswap, SushiSwap.

DeFi

Diamond Hands

Slang for holding crypto through volatility without selling, especially during price drops.

Slang

DYOR (Do Your Own Research)

Common advice to research investments thoroughly before buying, rather than following others blindly.

Slang
E

Ethereum (ETH)

The second-largest cryptocurrency and leading smart contract platform, enabling DeFi and NFTs.

General
F

FOMO (Fear Of Missing Out)

The anxiety that others are profiting from an opportunity you're missing, often leading to impulsive buying.

Slang

FUD (Fear, Uncertainty, Doubt)

Negative information or rumors spread to create fear and drive down prices.

Slang
G

Gas Fee

Transaction fee paid to validators on a blockchain network. Higher during network congestion.

Technology
H

HODL

Slang for holding cryptocurrency long-term without selling. Originated from a misspelling of 'hold'.

Slang

Hot Wallet

A cryptocurrency wallet connected to the internet, offering convenience but less security than cold storage.

Security
I

ICO (Initial Coin Offering)

A fundraising method where new projects sell tokens to early investors before public launch.

Distribution

Impermanent Loss

Temporary loss experienced by liquidity providers when token prices change relative to when deposited.

DeFi
L

Layer 1 (L1)

The base blockchain network (e.g., Bitcoin, Ethereum, Solana) that processes transactions directly.

Technology

Layer 2 (L2)

Scaling solutions built on top of Layer 1 blockchains to increase speed and reduce fees.

Technology

Liquidity

How easily an asset can be bought or sold without significantly affecting its price.

Trading

Liquidity Pool

Smart contracts containing locked tokens that provide liquidity for decentralized trading.

DeFi
M

Market Cap

Total value of a cryptocurrency, calculated by multiplying price by circulating supply.

Trading

Memecoin

Cryptocurrency created as a joke or based on internet memes. Examples: Dogecoin, Shiba Inu.

General

Mining

The process of validating transactions and creating new cryptocurrency using computational power.

Technology
N

NFT (Non-Fungible Token)

Unique digital tokens representing ownership of items like art, collectibles, or virtual real estate.

Technology
P

Paper Hands

Slang for someone who sells their crypto quickly during volatility or at a loss.

Slang

Portfolio

The collection of all cryptocurrency assets owned by an individual or entity.

General

Private Key

A secret code that allows you to access and control your cryptocurrency. Never share it.

Security

Proof of Stake (PoS)

A consensus mechanism where validators stake crypto to verify transactions and earn rewards.

Technology

Proof of Work (PoW)

A consensus mechanism where miners solve complex puzzles to validate transactions. Used by Bitcoin.

Technology

Public Key

Your wallet address that others can use to send you cryptocurrency. Safe to share.

Security

Pump and Dump

A scam where prices are artificially inflated (pumped) before insiders sell (dump).

Trading
R

Rebalancing

Adjusting your portfolio by buying or selling assets to maintain desired allocation percentages.

Strategy

Rug Pull

A scam where developers abandon a project and steal investor funds.

Security
S

Satoshi

The smallest unit of Bitcoin (0.00000001 BTC), named after Bitcoin's creator.

General

Seed Phrase

A 12-24 word recovery phrase that can restore access to your wallet. Keep it secure offline.

Security

Slippage

The difference between expected and actual trade prices, common in volatile markets.

Trading

Smart Contract

Self-executing code on a blockchain that automatically enforces agreement terms.

Technology

Stablecoin

Cryptocurrency designed to maintain a stable value, usually pegged to USD. Examples: USDT, USDC.

General

Staking

Locking up crypto to support network operations and earn rewards in return.

DeFi
T

Token

A digital asset built on an existing blockchain (e.g., ERC-20 tokens on Ethereum).

General

Total Value Locked (TVL)

The total amount of crypto assets deposited in DeFi protocols.

DeFi
V

Volatility

The degree of price fluctuation in a market. Crypto is known for high volatility.

Trading
W

Wallet

Software or hardware that stores your cryptocurrency private keys and lets you send/receive crypto.

Security

Whale

An individual or entity holding a large amount of cryptocurrency that can influence prices.

Trading
Y

Yield Farming

Earning rewards by lending or staking crypto across multiple DeFi protocols.

DeFi