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LEO$8.99+0.26%From your first block to the finer details. Explore the ideas, people, and systems behind the market—one useful explanation at a time.
Follow a transaction from a key to a shared ledger.
Begin with BlockchainExplore contracts, liquidity, borrowing and the risks between them.
Begin with Smart contractUnderstand what a price, valuation or sentiment indicator can tell you.
Begin with Market capitalizationLearn custody, permissions and how to assess what you sign.
Begin with Hardware walletConnect the original ideas to the incidents that changed the industry.
Begin with A Cypherpunk's ManifestoSeparate technical standards, issuer claims and legal frameworks.
Begin with Howey testThe value shortfall of a liquidity position relative to holding its original assets when relative prices change; the shortfall can exist before withdrawal and may persist.
A signed goal (swap X for at least Y) that a solver fills, instead of the user picking every pool hop.
Signing what you want, not the path, and letting solvers compete to fill it.
The curve a lending market uses to set borrow and supply APYs from utilization.
Definitions offer a starting point. Detailed readings include the sources behind the explanation.