# Glossary **DeFi** - Decentralized Finance or peer to peer financial services on public blockchains **ASA** - Algorand Standard Asset also known as Assets **AMM** - An automated market maker or the underlying protocol that powers a decentralized exchange (Dex) **Dex -** A decentralized exchange or a peer-to-peer marketplace where transactions occur directly between crypto traders **LP** - Liquidity Pool also known as Pools **Liquidity** - The availability or ease at which tokens can be swapped. **TVL** - Total Value Locked or the overall value of assets deposited in a decentralized protocol **MCAP -** Market Capitalization or Market Cap is the total dollar value of all the tokens that have been minted for a specific Asset **Smart Contract** - Trustless agreements or deals that are executed with code on the blockchain **Staking** - Placing your digital assets into a smart contract to earn passive income. **Token -** An asset that allows you to interact with cryptocurrency based protocols **Pool Tokens** - Tokens distributed to users who are participating in a liqudity pool that can be used for farming/staking rewards. **DeFi Tokens** - Decentralized Finance tokens that aim to reproduce traditional financial systems (lending, saving, etc). **Governance Tokens** - Tokens distributed to users that allows them to participate in governance voting **NFTs** - Non-Fungible Tokens are rights to a unique digital or real world asset. **NFDs** - Non-Fungible Domains are rights to a digital domain **Security Tokens** - Tokens equivalent to traditional securities like stocks and bonds **Slippage** - When a buyer or seller trades their asset for more or less than the expected price. Slippage occurs when you are working with different AMMs with lower amounts of Liquidity **Volatility** - A measure for how much the price of an asset has moved up or down over time. **Aggregate Charts** - Charts that are created by combining all available candles from all ASA/Algo pools. Since arbitrage opportunities exist between various pools, candles open/close may not always line up. **Wrapped** - A smart contract representing locked collateral of an original asset (for example goBTC is wrapped Bitcoin). **Watchlist** - ASAs that have been flagged by the user, similar to favorites **Impermeant Loss** - Net difference between the value of two cryptocurrency assets in a liquidity pool based automated market maker. **Rug** - A term to indicate when a project or asset has been abandoned by the team and they have sold or removes all of its liquidity. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://about.vestige.fi/other/glossary.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.