Crypto Glossary
Plain-English definitions of the cryptocurrency, blockchain and trading terms you will meet as you learn.
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DAO (Decentralized Autonomous Organization)
A DAO, or decentralized autonomous organization, is a community-governed organization without centralized control.
DEX (Decentralized Exchange)
A DEX, or decentralized exchange, is an exchange without intermediaries: users trade crypto assets directly from their own wallets through smart…
DYOR (Do Your Own Research)
DYOR, short for do your own research, is a common warning to conduct individual research before acting on any claim about a coin, token or project…
Daedalus Wallet
Daedalus Wallet is a multi-platform, open-source, hierarchical deterministic (HD) wallet that can generate a practically unlimited number of keys from a…
Darknode
A darknode is one of the computers in the decentralized network that runs RenVM, the system built by the Ren project to move assets between blockchains.
DeFi (Decentralized Finance)
DeFi, short for decentralized finance, is the ecosystem of decentralized financial applications built on public blockchains.
DeFi Aggregator
A DeFi aggregator lists transactions and offers from various DeFi platforms in one spot. Instead of visiting many decentralized exchanges or lending…
Decentralized Exchange (DEX)
A decentralized exchange (DEX) is a peer-to-peer platform that lets users buy and sell cryptocurrencies without the need for an intermediary.
Digital Money
Digital money refers to assets of value that exist only in digital form, unlike traditional physical coins and banknotes.
Distributed Ledger System
A distributed ledger system is a ledger whose data is stored on a network of decentralized nodes rather than in one central database.
Distributed Ledger Technology (DLT)
Distributed ledger technology (DLT) is a way of keeping a ledger that is accessed by multiple participants and stored in multiple locations at once.