A market where depositors earn interest and borrowers post collateral to take a loan.

Staking through a protocol that issues a receipt token (like stETH) so the position stays usable in DeFi.

Additional collateral a liquidator may receive when repaying an unhealthy loan, intended to make liquidation economically worthwhile.

The contracts and keepers that seize under-collateralized loans and sell collateral to keep a protocol solvent.

The same asset split across chains and pools, worsening price and UX until aggregation improves.

Paying extra protocol tokens to people who deposit into a pool, used to bootstrap depth.

Points, lasting incentives, or real-yield sharing instead of purely inflationary emissions.

A smart-contract reserve of two or more tokens that enables automated trading and earns fees for depositors.

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.

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