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Vom ersten Block bis ins Detail. Erkunde Ideen, Menschen und Systeme hinter dem Markt, eine hilfreiche Erklärung nach der anderen.
Definitionen im Verzeichnis sind auf Englisch. Öffne einen Eintrag, um nach einer übersetzten Lektüre zu sehen.
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Beginne mit BlockchainErkunde Verträge, Liquidität, Kredite und die Risiken dazwischen.
Beginne mit Smart contractVerstehe, was ein Preis, eine Bewertung oder ein Stimmungsindikator aussagen kann.
Beginne mit Market capitalizationLerne Verwahrung und Berechtigungen kennen und prüfe, was du unterschreibst.
Beginne mit Hardware walletVerbinde ursprüngliche Ideen mit den Ereignissen, die die Branche verändert haben.
Beginne mit A Cypherpunk's ManifestoTrenne technische Standards, Aussagen der Emittenten und rechtliche Rahmenbedingungen.
Beginne mit Howey testData Availability is a market sector used to group crypto assets with similar use or design.
Decentralized Exchange (DEX) is a market sector used to group crypto assets with similar use or design.
Decentralized Finance (DeFi) is a market sector used to group crypto assets with similar use or design.
Decentralized Identifier (DID) is a market sector used to group crypto assets with similar use or design.
An option's sensitivity to a $1 move in the underlying. Market makers hedge delta by trading spot or futures.
When a stablecoin trades away from its target. Recovery depends on reserves, redemptions, and confidence.
Decentralized physical infrastructure networks that reward real-world hardware like wireless or GPUs.
What you actually paid versus mid, including impact, not just the quoted spread.
Elon Musk-Inspired is a market sector used to group crypto assets with similar use or design.
New tokens entering circulation on a schedule, from mining, staking rewards, or unlocks.
An exchange-traded fund. Spot Bitcoin and ether ETFs hold the asset and trade as shares on stock venues.
Trading premiums and discounts between ETF shares and spot or perps when arb is available.
Daily creations and redemptions that add or remove primary-market demand for BTC or ETH.
Periods when U.S. spot Bitcoin ETFs saw multi-billion cumulative net creations, treated as structural demand.
A distribution with no private allocation, or a claim that there was none. Verify the contracts, not the slogan.
An imbalance candle pattern traders mark as a magnet for price to revisit.
A breakout that quickly reverses, trapping momentum buyers or sellers.
High fully diluted valuation with tiny float, so price looks rich versus eventual supply.
Fiat-backed Stablecoin is a market sector used to group crypto assets with similar use or design.
In stress, traders dump alts for BTC, ETH, or stablecoins.
The freely trading supply. Low float plus hype can produce violent squeezes both ways.
Gambling (GambleFi) is a market sector used to group crypto assets with similar use or design.
Gaming (GameFi) is a market sector used to group crypto assets with similar use or design.
How fast delta changes. High gamma near expiry can force dealers to buy rips and sell dips, or the reverse.
Grayscale Bitcoin Trust traded at premiums then deep discounts to NAV until ETF conversion paths opened.
GENIUS Act Compliant Stablecoin is a market sector used to group crypto assets with similar use or design.
Governance is a market sector used to group crypto assets with similar use or design.
Bitcoin's programmed cut of the block subsidy every 210,000 blocks, roughly four years.
Revenue per unit of hashrate. The mining industry's key stress gauge.
A culture term for holding through volatility instead of trading every swing. From an old typo of hold.
A token contract that lets you buy but not sell, or that traps approvals.
Coins that have not moved in a long time, used in on-chain analytics as HODL proxies.
The annualized rate you earn or pay from a perp's funding, used to compare carry across venues.
The volatility priced into options. It is a market forecast, not a historical statistic.
Redeeming ETF shares for the actual asset (BTC, ETH) rather than cash. U.S. crypto ETFs have mixed permissions here.
Speculation around U.S. political calendars (elections, inaugurations) that spilled into memecoins and prediction markets in 2024 to 2025.
Index Coop Defi Index is a market sector used to group crypto assets with similar use or design.
Definitionen bieten einen Einstieg. Ausführliche Texte verlinken Belege. Freigegebene Referenztexte werden täglich im Wechsel aktualisiert; Originalerklärungen zeigen das redaktionelle Prüfdatum. Neue Forschungsarbeiten finden →
One asset's share of total crypto market cap. Bitcoin dominance is the most watched figure.
Exchange-traded product, the umbrella that includes ETFs, ETNs, and some trusts.
Splitting a high-value asset into many tokens so smaller buyers can hold a slice. Legal title design matters more than the token UI.