Crypto & DeFi Glossary

Essential terms for understanding decentralized finance, on-chain trading, and blockchain concepts.

Base Blockchain

Coinbase's Layer 2 network built on Ethereum using Optimism technology.

Copy Trading

Automatically replicating the trades of another trader or wallet.

DeFi (Decentralized Finance)

Financial services built on blockchain without traditional intermediaries.

DEX (Decentralized Exchange)

An exchange that allows direct peer-to-peer trading without intermediaries.

Gas Fees

Transaction fees paid to process blockchain operations.

PnL (Profit and Loss)

The net gain or loss from trading activities.

Slippage

The difference between expected and executed trade price.

Smart Money

Capital invested by institutional or experienced traders with informational advantages.

Whale Wallet

A wallet holding significant cryptocurrency assets with high trading activity.