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A liquid market enables individuals or groups to quickly buy and sell assets. Decentralized platforms can struggle to execute trades when their platform does not have much liquidity for a specific token. Newer tokens or tokens with limited supply are most often the least liquid because there mi...
A decentralized exchange, usually referred to as a DEX, is a platform for exchanging cryptocurrencies. Depending on trading volume for different coins, some DEXs are more liquid than others. On the one hand you can freely swap unlisted tokens and maintain full control over your private keys and...
Non-fungible tokens are proofs of authenticity that are stored on a blockchain. Unlike fungible tokens, such as cryptocurrencies which are interchangeable, non-fungible tokens aren’t inherently equivalent to any other token. Because they are unique, they can be used to represent any unique asse...
Volatility is the degree of fluctuation of something’s price. Highly volatile assets may see rapid and large price changes, while less volatile assets will maintain a steady price. This concept is important in decentralized finance because cryptocurrencies tend to be volatile assets.  The comp...
Decentralized applications, termed “dApps,” are applications that feel like normal apps but are actually deployed (mostly) on the Ethereum blockchain. This means dApps can’t be taken down, can’t be censored or blocked, typically use Ethereum accounts as identity, and would only experience downt...
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