A liquid market enables individuals or groups to quickly buy and sell assets. Decentralized platforms can struggle to execute trades when their platform does not have much liquidity for a specific token. Newer tokens or tokens with limited supply are most often the least liquid because there might be an imbalance of buyers and sellers.

Non-fungible tokens are proofs of authenticity that are stored on a blockchain. Unlike fungible tokens, such as cryptocurrencies which are interchangeable, non-fungible tokens aren’t inherently equivalent to any other token. Because they are unique, they can be used to represent any unique asset. Their presence on a blockchain enables an NFT owner to trade the

Volatility is the degree of fluctuation of something’s price. Highly volatile assets may see rapid and large price changes, while less volatile assets will maintain a steady price. This concept is important in decentralized finance because cryptocurrencies tend to be volatile assets.  The company Synthetix provides assets called Synths that provide exposure to an asset

A decentralized exchange, usually referred to as a DEX, is a platform for exchanging cryptocurrencies. Depending on trading volume for different coins, some DEXs are more liquid than others. On the one hand you can freely swap unlisted tokens and maintain full control over your private keys and wallet information. On the other hand, without

A data warehouse is a data management system that often contains large amounts of historical data and is used for business intelligence activities like analytics. It centralizes customer data from multiple sources to be an organization’s single source of truth. Getting the data from your data warehouse into the different applications used by your organization

IT infrastructure are the components required to operate IT environments, like networks, virtual machines or containers, an operating system, hardware, data storage, etc…. As companies build out different deployment environments with infrastructure configurations, they must maintain the different environments, replicate them, and update them. The management of infrastructure, often automated to some extent, is referred

Decentralized applications, termed “dApps,” are applications that feel like normal apps but are actually deployed (mostly) on the Ethereum blockchain. This means dApps can’t be taken down, can’t be censored or blocked, typically use Ethereum accounts as identity, and would only experience downtime if Ethereum itself went down. There are a lot of things you

A ‘token’ can represent almost anything in Ethereum, according to Ethereum.org: Lottery tickets, points in an online platform, fiat currency, and much more. These tokens must follow a standard called ECR-20 to have the same type and value of any other token, and behave just like the ETH.   The platform Opyn lets users buy and

In decentralized finance (DeFi) a liquidity pool is a collection of cryptocurrency funds created from the deposits of many users and usually multiple different currencies. There are 2 main types of pools: custodial and non-custodial. Custodial pools are controlled by a third party manager which contains information like the private keys and the funds. They

A smart contract contains the “terms” of a blockchain transaction between a buyer and a seller as well as the capabilities to execute those terms. In order for smart contracts to include outside data from the world, such as stock market data, weather, sports data, etc…, the contract needs a third party service called an