Crypto Definition
Automated Market Maker (AMM): Definition, Types, and How They Work
Definition
An automated market maker (AMM) is a smart contract-based protocol that uses mathematical formulas to price assets and facilitate trades without …
Decentralised Exchange (DEX): Definition, Types, and How They Work
Definition
A decentralised exchange (DEX) is a cryptocurrency trading platform that operates without a central authority, enabling peer-to-peer trading directly …
Liquidity Pool: Definition, Mechanics, and Role in Decentralised Trading
Definition
A liquidity pool is a collection of digital assets locked in a smart contract that provides liquidity for decentralised trading, lending, or other …
Market Maker: Definition, Role, and Function in Digital Asset Trading
Definition
A market maker is a firm or individual that continuously quotes both buy (bid) and sell (ask) prices for a financial instrument, standing ready to …
Order Book: Definition, Structure, and Reading Guide for Crypto Traders
Definition
An order book is an electronic ledger that records all outstanding buy and sell orders for a financial instrument on an exchange, organised by price …
Slippage: Definition, Causes, and How to Minimise It in Crypto Trading
Definition
Slippage is the difference between the expected price of a trade and the actual price at which the trade executes. It occurs when market conditions …