A little less jargon.
Plain-English meanings for the words you keep seeing. Every definition links to a lesson with more context and sources.
26 definitions
- Airdrop
A distribution of tokens or NFTs. An unexpected asset or message does not establish a legitimate claim.
Read the related lesson- Blockchain
A shared ledger maintained by a network. Standard public-chain records can be inspected by other people.
Read the related lesson- Circulating supply
The supply a data provider considers available in the market. Check what that provider includes and excludes.
Read the related lesson- Contract / mint address
The network-specific identifier for a token. Names and tickers can be copied; verify the full address and network.
Read the related lesson- Custody
Who controls access to assets. Self-custody puts that responsibility with you; a custodial service holds control for you.
Read the related lesson- DEX
Decentralized exchange. Software for exchanging assets on a blockchain, with risks in the tokens, contracts and interface.
Read the related lesson- DYOR
Do your own research. It should mean checking evidence and uncertainty, not accepting a promoter's claims.
Read the related lesson- FDV
Fully diluted valuation. Current price applied to a broader supply figure. Check the provider's definition; it is not a price forecast.
Read the related lesson- FOMO
Fear of missing out. The feeling that you must act before an opportunity disappears. Pressure is a reason to pause.
Read the related lesson- Gas / network fee
A cost of processing a blockchain action. It is separate from any trading or service fee and can vary.
Read the related lesson- Honeypot
A token setup that permits buying but restricts selling. A familiar ticker or successful buy does not prove you can exit.
Read the related lesson- Liquidity
The capacity to trade without a large price change. A large market cap does not establish deep liquidity.
Read the related lesson- Market cap
Reference token price multiplied by circulating supply. It does not measure cash invested or cash available to withdraw.
Read the related lesson- Meme coin
A crypto asset associated with a meme, character, internet moment or community. Enthusiasm does not guarantee financial value.
Read the related lesson- Mint authority
On Solana, the authority that can create additional units of a token when present. Other permissions still need review.
Read the related lesson- NFT
Non-fungible token: a distinct blockchain token. Holding one does not automatically transfer copyright or grant membership.
Read the related lesson- Price impact
The price change caused by your own trade relative to the market's available liquidity.
Read the related lesson- Private key
A secret used to authorize actions for a blockchain account. Do not share it with a person, support agent or claim page.
Read the related lesson- Pump-and-dump
Promotion used to drive demand while others sell into it. Attention and volume are not proof of honest participation.
Read the related lesson- Recovery / seed phrase
Secret words used by many wallets to restore account access. Anyone with them may be able to control the accounts.
Read the related lesson- Rug pull
A common label for insiders abandoning a project or extracting value, for example by removing liquidity.
Read the related lesson- Slippage
The difference between a quoted trade result and the result at execution. A higher tolerance can allow a worse result.
Read the related lesson- Token approval
Permission for a contract to spend tokens within an allowance. Disconnecting a website does not necessarily revoke it.
Read the related lesson- Unlock
Previously restricted tokens becoming available. The timing, recipients and size matter when assessing supply changes.
Read the related lesson- Volume
Trading activity over a stated period. It is not the same as the liquidity currently available to execute trades.
Read the related lesson- Whale
A nickname for a large holder. A large address may represent one person, a pool or a service with many customers.
Read the related lesson
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Free education. No account, wallet or token required. Examples are fictional and are not recommendations to buy or sell. Crypto can result in total loss.
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