Verification Code

In order to confirm the identity of the person entering an account, a verification code is given to a different device. It's used for two-factor authentication.

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.

Falling Knife

The term falling knife (also known as "Catching a Falling Knife" or "Catching the Bottoms") refers to the action of buying an asset which is rapidly declining in price.

Ad Hoc

a Latin expression that means "for this purpose" or "specifically for this" in contemporary English.