🧾Glossary

Products on DexFlow listed

Swap: A trade between tokens A and B that is decentralized.

Cross-chain: Interoperability between two typically independent blockchains.

Liquidity provider (LP): In return for payment, a liquidity provider locks liquidity in a protocol.

The yearly interest rate on an account (including compounding) is known as the annual percentage yield, or APY.

Slippage is the price differential between the quoted and actual paid prices for a cryptocurrency.

A cryptocurrency asset that performs tasks inside a network or protocol in exchange for incentives is known as staking.

Total value locked (TVL): A measure of the amount of assets staked in a certain protocol.

Fully diluted valuation (FDV): The worth of a token or protocol after accounting for all tokens that have already been issued.

When tokens are added to a liquidity pool and the token ratio shifts, a loss known as an impermanent loss occurs.

A protocol system called an automated market maker (AMM) uses a mathematical formula to price assets.

DFLOW Tokens: On the Binance Smart chain, DFLOW tokens are fungible.