📖DeDust Glossary
A
Airdrop
Free distribution of tokens to users for performing certain actions or holding specific assets.
APR (Annual Percentage Rate)
Annual interest rate without compound interest. Shows how much you will earn in a year under constant conditions.
B
Boost
A mechanic that allows anyone to add extra token rewards for liquidity providers on top of exchange fees.
Burning
Irreversible destruction of tokens by sending them to an inaccessible address. Reduces total supply and may help increase the price.
C
CA (Contract Address)
The unique address of a smart contract on the blockchain. Controlled by code and has no private key. Used to interact with tokens and dApps. It is important to verify the CA to avoid buying a fake token.
CEX (Centralized Exchange)
A centralized exchange that custodies user funds and manages trading. Examples: Binance, Coinbase, Bybit.
D
DAO
Decentralized Autonomous Organization governed by a community of token holders. Decisions are made collectively through voting, without central leadership.
dApp
A decentralized application running on a blockchain via smart contracts. A DEX is a type of dApp.
DCA (Dollar-Cost Averaging)
An investment strategy where you invest a fixed amount of money at regular intervals, regardless of market conditions. Key benefits: reduces timing risk, lowers average price over time, minimizes emotional stress.
DeFi
Decentralized Finance. An ecosystem of financial services (exchange, lending, staking) without intermediaries, running on smart contracts.
DEX
A decentralized exchange for trading cryptocurrencies directly between users. Runs on smart contracts without intermediaries. Examples: DeDust, Uniswap, PancakeSwap.
DEX Aggregator
See Aggregator.
E
Expert mode
A trading mode on DeDust that disables the swap confirmation window and allows swaps with a high price impact.
F
Farming (Yield Farming)
A strategy for earning additional income in DeFi by providing liquidity, staking LP tokens, or participating in protocol reward programs.
Fiat
Traditional currencies (USD, EUR) not backed by physical assets, whose value is guaranteed by governments.
G
Gas
A fee for executing a transaction on the blockchain. Paid in the network's native coin.
H
HODL (Hold)
A strategy of long-term holding of cryptocurrency regardless of market volatility. Originates from a typo "I AM HODLING" on the Bitcointalk forum in 2013.
Honeypot
A fraudulent token that can be bought but cannot be sold due to hidden restrictions in its smart contract. Always check the CA before buying unfamiliar tokens.
I
Impermanent Loss (IL)
Temporary loss for a liquidity provider due to changes in the token price ratio in the pool compared to a simple holding strategy (HODL). Becomes permanent only upon withdrawal.
J
K
KOL
Key Opinion Leader, an influential figure in the crypto community whose forecasts and recommendations are listened to by the audience.
L
Liquid Asset
Assets, like USDT or GRAM, that may be easily exchanged one for another, or for fiat cash, on multiple platforms, and recognized worldwide.
Liquidity
Assets and their sufficiency. Availability of assets for trading. High liquidity = low price impact and slippage during swaps.
Liquidity Mining
A reward program where a protocol distributes its tokens to liquidity providers to attract TVL.
Liquidity Pool
A smart contract containing a pair of tokens to enable trading on a DEX. Users deposit tokens and earn a share of trading fees.
LP Token
A receipt token confirming your share in a liquidity pool. Can be used for farming or redeemed back for the underlying tokens.
M
Market Maker
A market participant providing liquidity for trading. On DEXs, this role is performed by AMMs and liquidity providers.
N
Native coin
A primary cryptocurrency of the blockchain built directly into it, acting as the "official currency" of that specific network. Examples: Bitcoin (BTC) on the Bitcoin network, Ether (ETH) on the Ethereum, Gram (GRAM) on The Open Network blockchain.
Network fee
See Gas.
Non-custodial wallet
A crypto wallet where you control your own private keys. These are the secret passwords (a seed phrase) that prove ownership of your funds. Because no third party, like a bank or exchange, holds your keys, you have total control over your assets.
O
Oracle
A service providing external data (usually prices) to the blockchain. Used by DEXs to determine fair prices and protect against manipulation.
P
Pool
See Liquidity Pool.
Private Key
An alphanumeric code generated by a cryptocurrency wallet to authorize transactions and prove ownership of blockchain assets. Private keys are essential for accessing cryptocurrency funds, and losing them means losing access to your crypto.
A seed phrase is typically a 12 to 24-word master backup for your crypto wallet. A private key is a long string of numbers and letters that controls a single address. Your seed phrase acts as a master key to recreate all of your private keys.
Protocol (DeFi Protocol)
DeFi protocols are open-source financial applications built on public blockchains (like TON or Ethereum) that replace traditional banking intermediaries with self-executing code, known as smart contracts. Instead of relying on a bank to facilitate transactions, or on a centralized exchange, users interact directly with these protocols using a self-custodial crypto wallet.
Protocol Fee
A share of trading fees that goes to the protocol (e.g., for its token buyback and burn or project budget) rather than being distributed to liquidity providers.
Q
Q-Day
Quantum computers threaten to crack the cryptographic systems protecting Bitcoin and other digital assets. Experts predict this threshold - often called "Q-Day" - could arrive as early as 2029.
R
Routing
The path a token swap takes. Aggregators find the optimal route through various pools and DEXs for the best price.
Rug Pull
A fraudulent scheme where project creators suddenly withdraw liquidity or user funds.
S
Slippage
The difference between the expected and actual transaction price. Occurs due to price changes between transaction submission and execution, caused by low liquidity / high volatility.
Slippage Tolerance
The maximum allowable slippage you set. If the price changes more than this, the transaction is cancelled.
Smart Contract
A program code on a blockchain that automatically executes when specified conditions are met. DEXs run on smart contracts.
Split Swap
Splitting a single swap into parts across different pools or DEXs to minimize price impact. Used by aggregators.
Staking
Locking tokens to receive rewards. Can be native (network validation) or in DeFi protocols.
Swap
Exchanging one token for another on a DEX. Unlike trading on a CEX, it happens directly via a smart contract.
T
Token
See Jetton.
TVL
Total Value Locked in a DeFi protocol. An indicator of trust and protocol size.
TWAP (Time-Weighted Average Price)
A strategy of executing a large order by breaking it down over time to get an average price and minimize price impact.
U
UI/UX
User Interface (colors, typography, and button placements) / User Experience (overall feel and functionality of the product, ensuring it is intuitive and solves users problems).
Uranus
Uranus is a launchpad (and a DeFi protocol) by x1000 and DeDust team.
V
Volatility
A statistical measure characterizing asset price variability. High volatility is the norm in the crypto world.
W
Wallet
An application for storing cryptocurrencies and interacting with the blockchain. A non-custodial wallet is required for DEXs. Examples: My Wallet, Unistash, Tonkeeper.
X
x1000
x1000.finance is the first trading terminal on TON blockchain, built by DeDust team. A pro-level trading tool, that lets you track token price movements in real time, quickly buy coins, monitor your portfolio’s value dynamics, and much more.
Y
Z
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