DefiLlama
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DefiLlama
DefiLlama
TokenTerminal
TokenTerminal
TokenTerminal
TokenTerminal
TokenTerminal
TokenTerminal
A benchmark rate — also known as a reference rate — is a standardized interest rate used to price loans, mortgages and other financial contracts.
Algorithmic StablecoinAn algorithmic stablecoin is a type of cryptocurrency designed to maintain a stable value, typically pegged to a fiat currency like the US dollar.
Impermanent LossImpermanent loss is the reduction in value that liquidity providers can experience when the prices of tokens deposited into a DeFi liquidity pool change relative to each other.
Chain AbstractionChain abstraction is a design approach that allows users to interact with DeFi applications without knowing or caring which network they are on.