Glossary
Definitions of commonly used terms and concepts in our platform
- Maker/Taker
- LTV (Loan-to-Value)
- Ledger
- Layer 1 vs Layer 2
- KYB (Know Your Business)
- KYC (Know Your Customer)
- Kill Switch
- Insurance Deductible
- Immutable Ledger
- HTTPs (Secure Browser Protocol)
- Hot Wallet
- Hard Wallet
- Gas Fees
- Funding Rate
- Fork (Hard/Soft)
- Flash Crash
- Execution Risk
- Escrow Agent
- Dispute Resolution
- DeFi (Decentralized Finance)
- DDoS (Distributed Denial of Service)
- Compliance Program
- Clearing
- Chainlink
- Cold Storage
- CeFi (Centralized Finance)
- CB Custody
- Capital Gains Tax
- Basis Risk
- Bank Secrecy Act (BSA)