crypto acronyms

Starting out in the crypto space can be rough. There is a lot of crypto acronyms and sometimes it can be hard to figure out what they mean. We compiled a list of crypto acronyms and terms that we often here in a hope to help others understand the code we all speak in.

Table of Contents

Crypto Terms
DeFi Terms
NFT Terms
Legal and Regulatory

Crypto Acronyms

  • ATH – All Time High
  • ATL – All Time Low
  • Altcoin – Alternative Cryptocurrency (Anything besides Bitcoin)
  • BTD – Buy the Dip
  • CEX – Centralized Exchange
  • CMC – Coinmarketcap
  • DAG – Directed Acyclic Graph
  • DCA – Dollar Cost Average
  • DAO – Decentralized Autonomous Organization
  • DD – Due Diligence
  • DeFi – Decentralized Finance
  • DEX – Decentralized Exchange
  • DYOR – Do Your Own Research
  • Faucet – Website that gives free crypto/gas token so that people can use the platform
  • Flippening – If Ethereum ever passes the market cap of Bitcoin
  • FOMO – Fear of Missing Out
  • FUD – Fear, Uncertainty, and Doubt
  • ERC-20 – Token Standard for Ethereum
  • ERC-721 – Token Standard for NFTs on Ethereum
  • ERC-1155 – Token Standard for NFTs on Ethereum
  • EVM – Ethereum Virtual Machine
  • FIAT – Government Issues Currency
  • FOMO – Feat of Missing Out
  • HODL – A misspelling of the word hold. Later come to be Hold on for Dear Life
  • ICO – Initial Coin Offering
  • ITO – Initial Token Offering
  • IPFS – Interplanetary Files System
  • MCAP – Market Capitalization
  • NONCE – Number Used Only Once
  • LN – Lightning Network
  • NFT- Non-Fungible Token
  • NGMI – Not going to Make It
  • OTC – Over the Counter
  • P2P- Peer to Peer
  • PoA – Proof of Authority
  • PoB – Proof of Burn
  • PoD – Proof of Developer
  • PoS – Proof of Stake
  • PoW- Proof of Work
  • SATS – Satoshis, a single unit of Bitcoin. .00000001 BTC
  • SC – Smart Contract
  • TA – Technical Analysis
  • TPS – Transactions Per Second
  • Tx or Txn – Transaction
  • YTD- Year to Date

Crypto DeFi Acronyms

  • APR – Annual Percentage Rate
  • APY – Annual Percentage Yield
  • dApp – Decentralized Application
  • Gas – The cost to submit a transaction on the network

NFT Terms

  • Ape – Buy something with little to no research
  • Brokensea- A reference to OpenSea being slow or down.
  • GM – Good Morning
  • GN – Good Night
  • GMI – Gonna Make It
  • PFP – Profile Pic
  • NGMI- Not Going to Make It
  • WAGMI – We All Going to Make It

US Regulatory Institutions: