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About BIBIBI Daily Digest Privacy & Account Security

For information and learning only. Not investment advice. Crypto assets involve risk.

© 2026 BIBIBI

Glossary

Terms50 shown

Agentic WalletA component in Binance Wallet's Agentic Hub that lets agents interact with tokens and decentralized finance protocols.
AllocationThe share of tokens or equity that a crypto project reserves for specific investors, team members, groups, or organizations.
AltcoinA general term for cryptocurrencies other than Bitcoin; in broader usage it often also includes digital assets that are technically tokens.
B-TokenBinance's official name for a series of fully collateralized wrapped tokens. Each B-Token represents a transferable version of an original asset on another compatible blockchain.
BEP-1155A multi-token standard for BNB Smart Chain that can manage fungible tokens and NFTs within a single smart contract.
BEP-2The historical standard originally used by the BNB Beacon Chain to issue and manage tokens; the chain has since been retired through the Fusion process.
BEP-721A standard defining the rules for creating and using non-fungible tokens (NFTs) on BNB Chain.
BRC-20An experimental standard for minting and transferring fungible tokens on the Bitcoin blockchain using the Ordinals protocol.
BRC-20 TokenAn experimental token standard that uses the Bitcoin Ordinals protocol to mint and transfer fungible tokens.
BagsAn informal term for the coins or tokens a person holds, often referring to a relatively large holding of a particular crypto asset.
DeFi tokensAssets associated with decentralized finance applications, including lending platforms, decentralized exchanges, and yield protocols.
ERC-721The Ethereum standard defining interfaces for non-fungible tokens with unique identifiers and on-chain ownership records.
Fan TokensBlockchain-based digital assets created by sports teams, clubs, or brands to strengthen fan engagement and provide specific benefits.
Fungible tokensTokens whose individual units have equivalent value and properties and can be exchanged with one another.
IssuanceIn crypto, the creation of new cryptocurrencies or tokens and their introduction into circulation according to a project's rules.
Leveraged TokensA type of cryptocurrency derivative that algorithmically adjusts leverage, giving traders a simplified way to obtain leveraged long or short exposure to a particular cryptocurrency.
Meme coinsTokens originating from internet memes or cultural elements whose prices often exhibit high volatility.
Non-fungible tokensTokens whose individual units have unique properties and cannot be exchanged equally for other tokens.
Non-fungible tokens (NFTs)Unique digital tokens representing ownership of a specific item, such as digital art, a collectible, or a gaming asset.
Over the Counter (OTC) tradingA method of buying and selling tokens outside an exchange’s public order book, helping avoid large orders directly affecting the available execution volume in the order book.
Platform tokensAssets used to support blockchain network operations, pay transaction fees, and execute smart contracts.
Proof of StakeA consensus mechanism in which validators lock up tokens to help secure the network and validate blocks.
Proof of Stake (PoS)A consensus mechanism that grants block validation rewards according to the number of tokens staked by a validator.
RWAThe representation of ownership in off-chain assets such as government bonds, real estate, or commodities as blockchain tokens.
Real-world asset (RWA) tokensTokenized representations of physical or financial assets such as real estate, commodities, or government bonds that can be issued and traded on-chain.
SPLA standard that specifies how tokens operate and interact on the Solana network, and supports interoperability with wallets and smart contracts.
Security tokensTokens representing financial assets that may grant holders ownership and potential dividend rights.
Token SaleRefers to issuing tokens and exchanging them for another cryptocurrency, also known as an Initial Coin Offering.
Token honeypotsA trap that allows users to buy tokens but uses malicious smart contracts to prevent ordinary users from selling or impose heavy penalties on them.
TokensDigital units issued on a blockchain that may provide access to a product or service, represent an interest in a real-world asset, or grant voting rights in protocol governance.
Total SupplyThe total number of tokens already mined or issued and not yet burned, including circulating, locked, and reserved portions.
Traditional stakingA form of staking that usually requires tokens to be locked for a fixed period and restricts trading or withdrawals during the lockup.
Utility tokensTokens typically used to access a specific service or serve as a medium of exchange within an ecosystem.
Volatility DecayThe erosion of returns in leveraged tokens and leveraged ETFs in volatile or sideways markets due to the combined effects of daily rebalancing and compounding. It is also called beta slippage or volatility drag.
Wrapped Ether (WETH)An ERC-20 token that represents ETH on a one-for-one basis and is used with applications and tokens that require the ERC-20 format.
airdropAn event that distributes tokens to users according to conditions such as the balance of a blockchain address.
bStocksSecurity tokens issued by an issuer and backed 1:1 by the corresponding U.S. equities held with a regulated custodian, providing exposure to their price movements and associated economic benefits.
circulating supplyThe number of tokens already held by the public and available for circulation and trading in the cryptocurrency market, excluding locked or reserved amounts.
cliffA waiting period after a vesting schedule begins during which no tokens are released; distribution starts according to the schedule after it ends.
coin burnThe practice of permanently removing some coins or tokens from the supply.
maximum supplyThe upper limit on the number of tokens that can ultimately be created for a cryptocurrency, including the current amount and tokens that have not yet been created.
miningA process in which miners commit computing resources to validate new blocks and may receive newly created network tokens as rewards.
non-fungible tokens (NFTs)Unique tokens that cannot be directly exchanged for one another.
proof-of-stakeA mechanism in which validators lock tokens to help secure the network and receive newly issued tokens as staking rewards.
security tokensTokens designed to represent regulated ownership interests on a blockchain.
stakingThe practice of depositing a network's native tokens as collateral to qualify as a PoS validator and create an economic incentive for honest performance.
total supplyThe number of coins or tokens that have been issued, minus units that have been permanently removed.
vesting scheduleRefers to an arrangement in which tokens are not distributed all at once, but are gradually released according to a predetermined vesting schedule.
Trading PlatformA cryptocurrency marketplace where users can buy and sell tokens.
Token mergerThe process of consolidating two or more cryptocurrency tokens into a single unified token.

Definition

Volatility Decay

The erosion of returns in leveraged tokens and leveraged ETFs in volatile or sideways markets due to the combined effects of daily rebalancing and compounding. It is also called beta slippage or volatility drag.

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