Glossary

Automated Market Maker (AMM)

An automated market maker is a type of decentralized trading mechanism that uses mathematical formulas,...

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Blockchain

A blockchain is a decentralized, distributed ledger that records transactions or data across a network...

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Concentrated Liquidity Market Maker (CLMM)

A Concentrated Liquidity Market Maker is an advanced form of automated market maker (AMM) that...

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Decentralized

Decentralized refers to a system in which control, decision-making, and data are distributed across many...

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Impermanent Loss

Impermanent loss occurs when the value of the tokens you’ve deposited into a liquidity pool...

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