A trading platform that doesn't hold users' funds for them and doesn't require them to deposit money in order to start trading. Users trade straight from their own wallets instead.
Impermanent Loss
When there is a price difference between the two assets a trader owns on a DEX, often a cryptocurrency and a stablecoin (such as USDC), impermanent loss might occur.
Address
In blockchain, an address refers to a unique alphanumeric identifier associated with a digital wallet or account that is used to send, receive, and store cryptocurrencies or other digital assets.
Hard Cap
A hard cap is a restriction put in place by the blockchain's code on the maximum amount of units that can ever be created or circulated for a specific cryptocurrency