Category
TVL, APY, staking, lending, AMMs, impermanent loss — decentralized finance primitives.
A smart contract that quotes prices algorithmically from a pool of two or more tokens. No order book needed.
Two ways to express yield. APR is the simple rate, APY includes compounding.
The loss LPs suffer when the ratio of pooled tokens changes, versus simply holding those tokens.
Locking up tokens to help secure a Proof-of-Stake network, earning rewards in return.
USD value of assets deposited into a DeFi protocol or chain. The «size» metric of DeFi.