Published a week ago

Bookkeeping using hardback books is simple, but also very error-prone. Errors can range from misdescribing a transaction to incorrectly calculated numbers. No one would argue that accoutning is one of those industries where it felt natural for computers to completely revolutionize the proc...

Published 2 months ago

A liquidity provider (LP) is a person or organization that supplies assets, such as cash, stocks, or cryptocurrencies, to a market so others can easily buy or sell. In both traditional asset markets and cryptocurrency markets, liquidity providers usually deposit a combination (or ratio) of...

Published 2 months ago

A market price is the current price at which an asset, like a stock, cryptocurrency, or commodity, can be bought or sold in the open market. This price is determined by the supply and demand in the market. For example, when more people want to buy a particular asset than sellers are...

Published 2 months ago

The bid-ask spread in a market is the difference between the highest price a buyer is willing to pay (the bid) and the lowest price a seller is willing to accept (the ask) for an asset. For example, if a stock's bid is $100 and its ask is $101, the bid-ask spread is $1. Sli...

Published 2 months ago

An automated market maker (AMM) is a type of decentralized trading system that allows users to buy and sell cryptocurrencies directly from a liquidity pool, instead of matching buyers and...

Published 2 months ago

A decentralized exchange (DEX) is a type of cryptocurrency exchange that allows users to trade directly with each other without relying on a central authority, company, or intermediary to hold their funds. They rely on blockchain-based ...