Oct 20, 20211 minWhat is a DEX?A decentralized exchange (DEX) is a peer-to-peer (P2P) marketplace that connects cryptocurrency buyers and sellers. In contrast to...
Oct 20, 20211 minWhat is a Governance Token?Governance tokens are tokens that developers create to allow token holders to help shape the future of a protocol. Governance token...
Oct 19, 20212 minWhat is a Funding Rate on a Perpetual Swap?The funding rate is how the price of a perpetual swap is kept close to the price of the underlying asset. It works by sending periodic...
Oct 19, 20211 minWhat is Impermanent Loss?Impermanent loss happens when you provide liquidity to a liquidity pool, and the price of your deposited assets changes compared to when...
Oct 19, 20211 minWhat is a DeFi Liquidity Pool?A liquidity pool is a crowdsourced pool of cryptocurrencies or tokens locked in a smart contract that is used to facilitate trades...
Oct 19, 20212 minWhat is a Perpetual Swap?Perpetual futures were first proposed by economist Robert Shiller in 1992, to enable derivatives markets for illiquid assets. However,...