Same-day or instant settlement. Crypto spot is closer to this than stock T+1, which matters for ETF ops.

Traditional securities settlement lags. Crypto spot is closer to T+0, which is why ETF in-kind is operationally hard.

A Bitcoin upgrade that improved privacy and scripting, used by Ordinals and many modern spends.

The Eurosystem RTGS for euro central-bank money.

The issuer of USDT, the most used dollar stablecoin by volume, reserved in a mix of cash, Treasuries, and other assets.

A gold-linked token whose issuer terms describe each unit as an ownership interest in one fine troy ounce of gold on a specified bullion bar.

A self-amending proof-of-stake chain that votes protocol upgrades on-chain.

The 2016 exploit of The DAO on Ethereum that led to a controversial hard fork and Ethereum Classic.

Crypto slang for closely following and trading newly launched, thinly traded, highly speculative tokens, especially memecoins.

A crypto hedge fund that blew up in 2022 after leveraged bets and contagion from Terra.

How many transactions a network can settle per second under its current limits.

TARGET Instant Payment Settlement, the ECB's instant euro rail.

Whether a token's descriptive fields or their update authority can change after creation.

Representing an off-chain claim (bond, fund share, invoice, property interest) as a transferable on-chain token with legal wrapping off-chain.

The supply rules, allocation, distribution schedule, utility, and incentives surrounding a token.

The Open Network, a chain originally designed for Telegram and now used for consumer payments and mini-apps.

An Ethereum-based privacy protocol designated by the U.S. Treasury in 2022 and removed from its economic sanctions list in March 2025.

The dominant charting platform for TA, alerts, and social ideas across crypto and traditional markets.

Candles, drawings, and Pine Script indicators that most crypto CT screenshots come from.

An account's transaction sequence number, used on Ethereum to order outgoing transactions and prevent the same signed transaction from executing repeatedly.

Additional behavior and dependencies introduced when a token calls custom logic as part of a transfer.

A structure where a custodian holds assets for both a client and a lender or venue under a control agreement.

A high-throughput chain widely used for USDT transfers, especially in emerging-market payments.

The Official Trump Solana memecoin launched mid-January 2025. Price spiked into the tens of billions FDV lore then crashed; trading fees accrued to affiliated entities while many late buyers lost money.

Time-weighted average price. An execution style that slices an order across time to reduce impact.

A second step beyond the password. App or hardware keys beat SMS for exchange security.

The hash that uniquely identifies a transaction on a given chain.