The Dictionary
Explore 227+ clear, technical, and objective definitions defining the decentralized future.
Recently Defined
Tokenomics
Tokenomics is the study of a token’s economic design, including supply, utility, distribution, incentives, and unlocks.
Total Value Locked (TVL)
Total Value Locked (TVL) is the aggregate USD value of all cryptocurrency assets deposited or staked in a particular DeFi protocol, smart contract, or blockchain ecosystem at a given time.
Trade History
Log of all completed (filled) trades — actual buys and sells that happened.
Trading Fees
Charges by the exchange for executing trades, usually a percentage of trade value (maker/taker model).
Trading Pair
A combination of two assets you can trade against each other (e.g., BTC/USDT means Bitcoin priced in USDT).
Trailing Stop
A dynamic stop-loss that automatically adjusts (trails) with favorable price movement to lock in profits while allowing upside.
Transaction Hash
A transaction hash is a unique identifier assigned to a blockchain transaction. It acts like a digital receipt number that lets users track and verify a transfer on the blockchain.
Treasury
A treasury is a pool of funds controlled by a project, DAO, foundation, or team.
Trend
A trend is the general direction of price movement over time.
Two-Factor Authentication (2FA)
Extra security layer requiring a second code (from app, SMS, or hardware) after your password.
Unrealized P&L
Paper profit or loss on positions you still hold (not yet sold).
USDC
USDC (USD Coin) is a fiat-backed stablecoin issued by Circle, designed to maintain a 1:1 peg with the US dollar and fully reserved by cash and short-term US Treasuries held in regulated accounts.
Validator
A validator is a network participant in a Proof-of-Stake (PoS) blockchain that stakes cryptocurrency to propose, verify, and finalize new blocks of transactions, earning rewards for honest behavior and risking penalties (slashing) for misconduct.
VARA
VARA (Virtual Assets Regulatory Authority) is the independent regulator established by Dubai to oversee the issuance, trading, custody, and related services of virtual assets within the emirate (excluding the DIFC).
ve-Tokenomics
ve-tokenomics (vote-escrowed tokenomics) is a model where users lock their governance tokens for a chosen period — typically up to four years — in exchange for non-transferable voting power (veTokens) that decays over time. Longer locks earn more voting power and a larger share of protocol rewards.
Vesting
Vesting is a schedule that gradually releases tokens to investors, founders, teams, or contributors.
Volume
Volume measures the total amount of an asset traded within a specific time period.
Wallet
A crypto wallet is a tool that stores the keys needed to access, manage, and transfer cryptocurrency. It can be software-based, hardware-based, mobile, desktop, browser-based, or even paper-based in older setups.
Wallet Address
A wallet address is a public string of letters and numbers used to send or receive cryptocurrency on a blockchain. You can think of it like a crypto account number: people use it to send assets to your wallet, but it does not give them control over your funds.
Wallet Approval
A wallet approval gives a smart contract permission to use or move specific tokens from your wallet.