Lending your cryptocurrency to other users in exchange for a reward, or taking a loan from another user. Cryptocurrency loans are not to be understood as traditional loans: borrowers use them in trading strategies to try and make a big profit. Cryptocurrency lending services can be either centralised or decentralised.
Staking mode that allows one's stake to be used in other protocols.
Total amount of crypto blocked in a DeFi protocol or decentralised application (dApp).
A token representing the value of a cryptocurrency in another blockchain standard.
A process in which cryptocurrencies are blocked as a form of commitment to obtain benefits or the right to perform certain activities in a network.
Derivatives of staking systems whose value depends on the performance of the staked native tokens and the amount of rewards issued by the network
A typical feature of decentralised finance (DeFi) that allows people to put their cryptocurrencies to work for a return.
The conversion of tokens into other tokens on a decentralised exchange.
Depositing and holding cryptocurrencies on certain blockchains to obtain cryptocurrency incentives.
An agreement in digital form that allows actions to be triggered automatically if certain conditions are met.
The Ethereum token standard that has enabled hundreds of projects to launch their own cryptocurrency on Ethereum.
A Decentralised Exchange allows cryptocurrency trading without intermediaries and directly on the blockchain.
Decentralised Finance includes all blockchain-based and decentralised financial solutions.
Decentralised application allowing the use of a blockchain-based service.
The Decentralised Autonomous Organisation is a form of automated blockchain governance.
Centralised finance is the centralised counterpart of DeFi, but should not be confused with traditional finance.
Buying and selling in different markets in order to take advantage of the disparity in prices.
A metric often used in DeFi, it indicates the percentage return per year you receive on an investment or loan.
The annual percentage rate you receive for an investment or loan.
Automated Market Makers are smart contracts adopted by decentralised exchanges to automatically execute orders.
An online collector of similar content or services from different sources for easy access. An example is Yearn Finance
