Crypto Glossary

Plain-English definitions for the terms used across our market reports, price analysis and news desk.

89 terms defined

Mining & Consensus

Proof of Stake

A consensus rule where validators lock up coins as collateral instead of burning electricity.

Also called PoS, proof-of-stake

DeFi

Real-World Assets

Traditional assets such as bonds or property represented as blockchain tokens.

Also called RWA, tokenisation, tokenization

Regulation & Tax

Spot ETF

A fund holding actual crypto that trades as a share on a stock exchange.

Also called exchange-traded fund, bitcoin ETF

Mining & Consensus

Staking

Locking tokens to help secure a proof-of-stake network in return for yield.

Also called stake, staked

Blockchain Technology

Testnet

A parallel network with worthless tokens used to trial code before launch.

Also called test network, mainnet

Metrics & Analysis

Token Burn

Permanently removing tokens from supply by sending them to an unspendable address.

Also called burned, burning, burn address

NFTs & Web3

Treasury

The pool of assets a protocol or DAO controls and spends.

Also called protocol treasury, DAO treasury

DeFi

TVL

The total value of assets deposited in a protocol or across a chain.

Also called total value locked

Mining & Consensus

Validator

A proof-of-stake participant that proposes and attests to blocks using bonded collateral.

Also called validators

Security & Custody

Wallet

Software or hardware that stores keys and signs transactions.

Also called crypto wallet, hot wallet

Metrics & Analysis

Whale

A holder large enough to move the market with a single trade.

Also called whales, whale wallet