Glossary
Here we are building a glossary to help you navigate and understand the world of crypto.
Polkadot (DOT)
Polkadot is a blockchain ecosystem aiming to provide users with interoperability and scalability.
Polygon (MATIC)
Polygon is an open-source protocol aiming to scale while leveraging the power of Ethereum.
Uniswap (UNI)
Uniswap is a decentralized exchange (DEX) that allows users to trade Ethereum-based assets, including Ether and ERC-20 tokens.
Unus Sed Leo (LEO)
Unus Sed Leo (LEO) is the utility token of the Bitfinex cryptocurrency exchange.
NEM (XEM)
NEM, or New Economy Movement, is a digital asset project launched in 2015.
Tezos (XTZ)
Tezos is a mainnet blockchain platform that allows developers to build decentralized applications (DApps).
Central Bank Digital Currency (CBDC)
CBDC is a digital version of a country's fiat currency issued and regulated by the central bank.
Ethereum Classic (ETC)
Ethereum Classic (ETC) is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud, or third-party interference.
OKX
OKX provides advanced financial services to traders around the globe, including hundreds of token and futures trading pairs.
KuCoin
KuCoin is a cryptocurrency exchange that allows users to trade various digital assets and cryptocurrencies. It was launched in September 2017 and has grown to become one of the most popular exchanges, with over 5 million registered users.
Hash Rate
Hash rate measures the computational power in a proof-of-work (PoW) cryptocurrency network.
Maker (MKR)
Maker (MKR) is a decentralized finance (DeFi) project that aims to create an open financial system using blockchain technology.
Ontology (ONT)
Ontology is a blockchain project that provides solutions for the Web3 industry, including the Ontology blockchain mainnet and decentralized identity framework ONT ID, as well as the governance coin ONT and fee payment token ONG.
LedgerX
LedgerX is a bitcoin futures, options, and swaps exchange headquartered in New York City and regulated by the US Commodity Futures Trading Commission (CFTC).
AscendEX
AscendEX is a digital asset financial platform offering spot, margin, and futures trading, wallet services for over 100 cryptocurrencies, and staking support for top blockchain projects.
Iota (MIOTA)
Iota is a distributed ledger technology network that uses its Tangle system to facilitate fast and fee-free transactions. Its native coin, MIOTA, can be traded on exchanges and has a market value in USD.
Stellar (XLM)
Stellar is a decentralized open-source platform that allows users to build and use assets to facilitate global value transfer, with its native coin, the Lumen (XLM), used to pay fees on the platform.
CME Group Inc.
CME Group Inc. is a global financial markets company that operates a diverse derivatives marketplace, managing risk and capturing opportunities for various asset classes.
Tether (USDT)
Tether is a company that issues stablecoins, including USDT, a cryptocurrency pegged to the value of the US dollar, which can be used as a more stable alternative to volatile cryptocurrencies and runs on various blockchains, including Ethereum.
USD Coin (USDC)
USD Coin (USDC) is a stablecoin that aims to maintain its value at $1, overseen by the Centre Consortium, established by Coinbase and Circle, and available as an asset on various blockchains, including Ethereum.
Tokyo Stock Exchange
The Tokyo Stock Exchange (TSE) is the third-largest stock exchange in the world by aggregate market capitalization of its listed companies and the largest in Asia.
FTX Exchange
FTX is a now-bankrupt cryptocurrency exchange and hedge fund founded in 2019 and headquartered in the Bahamas.
Lightning Network
The Lightning Network is a scalability solution for Bitcoin that operates as a layer-two payment network separate from the main blockchain, allowing for faster and cheaper transactions.
Neo (NEO)
Neo is an open-source blockchain platform that allows developers to build and run decentralized applications (dApps). It has a native coin called NEO and a separate token called GAS, which is used for specific purposes within the Neo ecosystem.
