Decentralized Exchange (DEX)

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.

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Mainnet

A mainnet is a separate blockchain that operates on its own network using its own protocol and technologies.

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Coin

Cryptocurrencies known as coins run on separate blockchains and are unrelated to other coins. Such a cryptocurrency's single unit is also known as a coin.

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