A bridge pattern that locks coins on the source chain and mints wrapped coins on the destination.

LP tokens sent to a locker or burn address so the team cannot rug by removing the pool. Still not a guarantee of honesty.

Contractual period when insiders cannot sell. Separate from on-chain vesting schedules.

Lombard BTC.b is a Bridge protocol active on Bitcoin. BTC.b is Bitcoin for DeFi. A 1:1 Bitcoin representation that works across multiple blockchains, permissionless, decentralized, and always…

Lombard LBTC is a Restaked BTC protocol active on Bitcoin, Ethereum. LBTC is a yield-bearing Bitcoin asset, 1:1 backed by native bitcoin, combining an institutional off-chain yield strategy with yield…

A position that profits if price rises.

Forced selling of leveraged longs that cascades price down. Common on perpetual futures venues.

A forced sell cascade when longs are liquidated into a falling tape.

The count or notional of retail longs versus shorts on a venue. A crowded side is fuel for a squeeze.

Lorenzo enzoBTC is a Bridge protocol active on Bitcoin. enzoBTC is Lorenzo Wrapped Bitcoin.

Many 2017 ICO winners never regained prior BTC-relative highs even in later bull markets.

A receipt token that represents a share of a liquidity pool and the fees that share is owed.

A liquid restaking token, a receipt for deposits into EigenLayer or similar, such as eETH or ezETH.

A receipt token for staked assets, such as stETH, rETH, or mSOL.

Loan to value. Debt divided by collateral. DeFi liquidations fire when LTV exceeds a threshold.

A bipartisan U.S. Senate crypto framework bill that would define digital-asset categories and some tax rules.

The May 2022 death spiral of TerraUSD and LUNA that erased tens of billions and seeded the CeFi credit crunch.

Luno is a centralized exchange listed with country Singapore.

Loss versus rebalancing. A precise way to measure LP underperformance against holding and hedging.

Loss-versus-rebalancing explains why naive LP underperforms hedged strategies.