Yield farming
A DeFi strategy in which a user supplies assets to protocols (for example, liquidity pools) in order to earn interest income or additional tokens.
See also
DEX (decentralized exchange)
An exchange where trades happen directly between users via smart contracts, without a central operating company and without depositing funds with a third party.
CEX (centralized exchange)
An exchange run by a company that holds user funds in its own wallets and provides liquidity and order matching (for example, Binance, Coinbase).
Staking
Locking up cryptocurrency to help validate transactions in Proof-of-Stake networks. In return, the participant earns rewards, but risks losing part of the stake if the network's rules are broken.
Liquidity pool
A shared reserve of two or more tokens locked in a smart contract that enables asset swaps on decentralized exchanges without a traditional order book.
Market cap
The total value of all coins of a cryptocurrency in circulation: the coin price multiplied by the circulating supply. It is used to compare the relative size of different projects.
ATH (All-Time High)
The highest price an asset has ever reached over its entire trading history.