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.

Ad Hoc

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

Testnet

An alternative blockchain used by developers for testing.

Utility Token

Tokens that are designed specifically to be able to help people use something.