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A plain-English glossary of crypto terms — from blockchain basics to DeFi jargon.
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- Fear & Greed Index
The Fear & Greed Index is a sentiment gauge that scores crypto market mood on a scale from 0 (extreme fear) to 100 (extreme greed).
- Fixed vs. Floating Rate
Fixed-rate swaps lock in the quoted exchange rate for a limited window, while floating-rate swaps track the live market rate until the deposit is processed.
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- Layer 2
A Layer 2 is a scaling network built on top of a base blockchain, like Ethereum, to process transactions faster and more cheaply while inheriting the base chain's security.
- Liquidation
Liquidation is the forced closure of a leveraged or collateralized crypto position when its collateral value falls below a required maintenance threshold.
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- Market Cap Dominance
Market cap dominance measures the share of total crypto market capitalization held by a single asset, most commonly tracked for Bitcoin.
- Memo / Destination Tag
A memo or destination tag is an extra numeric or text field some networks require alongside a deposit address to route funds to the correct recipient.
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- Seed Phrase
A seed phrase is a sequence of words that can regenerate a crypto wallet's private keys, and it should never be shared with anyone.
- Slippage
Slippage is the difference between the exchange rate you're quoted and the rate you actually receive when a swap executes.
- Spread
The spread is the gap between the buy and sell rates an exchange partner quotes for a given asset pair.
- Stablecoin
A stablecoin is a crypto asset designed to hold a steady value, typically pegged one-to-one to a reference currency like the US dollar.