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Crypto Glossary

Plain-English definitions of the cryptocurrency, blockchain and trading terms you will meet as you learn.

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Layer 0

Layer 0 is the network structure that runs underneath the blockchain system. It consists of elements such as protocol, connectivity, hardware and miners…

Layer 1

Base blockchain protocol layer

Layer 2

Scaling solutions built on top of Layer 1

Liquid Staking

Liquid staking allows users to use their tokens in the DeFi ecosystem while staking them.

Liquidation / Liquidation

Liquidation means converting the asset or cryptocurrency into fiat money or its equivalent.

Liquidation Wave

Liquidation transactions accumulate in a row and cause sudden price changes.

Liquidity

The ability to easily buy and sell any cryptocurrency without affecting the overall market price.

Liquidity

The ease of converting assets into cash