ONDO$1.42▲3.40%PAXG$2,684.00▲0.80%PLUME$0.1800▲5.60%ETH$3,872.00▼0.40%WBTC$99,842.00▲1.70%ONDO$1.42▲3.40%PAXG$2,684.00▲0.80%PLUME$0.1800▲5.60%ETH$3,872.00▼0.40%WBTC$99,842.00▲1.70%
Learn→Glossary→Smart Contract
Beginner1 min read

Smart Contract

Self-executing code stored on a blockchain that automatically carries out agreed-upon terms when conditions are met. Used for everything from token swaps to lending protocols.

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Gas

The fee paid to blockchain validators for processing transactions. Paid in the native token of the chain (ETH on Ethereum, MATIC on Polygon).

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DeFi (Decentralized Finance)

Financial services and products built on public blockchains, accessible to anyone with a wallet and without intermediaries like banks or brokers.

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RWA (Real-World Assets)

Physical or traditional financial assets that have been tokenized and brought on-chain. Examples include treasury bills, gold, real estate, and private credit.

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Tokenization

The process of representing ownership of a real-world asset as a digital token on a blockchain. The token provides a verifiable, transferable record of ownership.

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