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Crypto glossary

Plain-English definitions of the crypto and airdrop terms you actually run into. No hype, no financial advice.

Airdrop

A distribution of free tokens to wallets that meet a project's criteria.

A tool that moves assets or messages between two different blockchains.

The native asset of a blockchain, such as ETH on Ethereum or SOL on Solana.

Financial services built on public blockchains via smart contracts, without intermediaries.

An on-chain marketplace where users swap tokens directly from their wallets.

The set of conditions a wallet must meet to qualify for an airdrop.

The cost paid to a network to process a transaction.

A small unit of ether used to measure gas prices (1 gwei = 0.000000001 ETH).

A network built on top of a base chain to make transactions faster and cheaper.

A pool of tokens that a DEX uses to enable swaps, funded by liquidity providers.

The live, production blockchain where real transactions and real tokens exist.

The total value of a coin's circulating supply (price times circulating supply).

The secret that authorizes transactions from a wallet address.

A list of words that can restore full access to a wallet. Never share it.

A record of wallet balances or activity taken at a fixed moment to decide airdrop eligibility.

A token designed to hold a steady value, usually pegged to a currency like the US dollar.

Locking a token to help secure a network or protocol, often earning rewards.

A test version of a blockchain used to try features without real funds.

A digital asset issued on an existing blockchain, often via a smart contract.

Permission you grant a contract to spend a token from your wallet.

Software or hardware that stores the keys used to control crypto and sign transactions.