WEB3 GLOSSARY
MAXIMAL EXTRACTABLE VALUE (MEV)
noutita.com#LEXIQUE
Maximal Extractable Value (MEV)
The maximum value validators or searchers can extract by reordering, inserting, or censoring transactions within a block.
See definition →HOME / GLOSSARY
Web3 Glossary
Blockchain and DeFi technical terms defined with precision and illustrated by real-world examples.
WEB3 GLOSSARY
RESTAKING (EIGENLAYER)
noutita.com#LEXIQUE
Restaking (EigenLayer)
A mechanism allowing staked ETH to simultaneously secure secondary decentralized protocols and Actively Validated Services (AVS).
See definition →WEB3 GLOSSARY
DATA AVAILABILITY (DA)
noutita.com#LEXIQUE
Data Availability (DA)
A cryptographic guarantee that all transaction data required to verify a block is fully published and accessible to all network participants.
See definition →WEB3 GLOSSARY
LIQUID RESTAKING TOKEN (LRT)
noutita.com#LEXIQUE
Liquid Restaking Token (LRT)
A yield-bearing token representing staked ETH deposited into restaking infrastructure, allowing holders to earn additional validation yields while remaining liquid in DeFi.
See definition →WEB3 GLOSSARY
PROOF OF RESERVES (POR)
noutita.com#LEXIQUE
Proof of Reserves (PoR)
A cryptographic auditing procedure utilizing Merkle trees to prove a centralized exchange holds sufficient digital assets to back 100% of user liabilities.
See definition →WEB3 GLOSSARY
SOCIAL RECOVERY WALLET
noutita.com#LEXIQUE
Social Recovery Wallet
A smart contract wallet design that allows account recovery via trusted guardians rather than relying on vulnerable paper seed phrases.
See definition →WEB3 GLOSSARY
MICA REGULATION (MARKETS IN CRYPTO-ASSETS)
noutita.com#LEXIQUE
MiCA Regulation (Markets in Crypto-Assets)
The comprehensive European Union regulatory framework governing digital asset service providers, crypto asset issuers, and stablecoin reserves.
See definition →WEB3 GLOSSARY
FLASH LOAN
noutita.com#LEXIQUE
Flash Loan
An uncollateralized loan that must be borrowed and repaid within the exact same atomic blockchain transaction block.
See definition →WEB3 GLOSSARY
ZERO-KNOWLEDGE PROOFS (ZKP)
noutita.com#LEXIQUE
Zero-Knowledge Proofs (ZKP)
A cryptographic method enabling one party to prove to another that a statement is true without revealing any underlying private information.
See definition →WEB3 GLOSSARY
ACCOUNT ABSTRACTION (ERC-4337)
noutita.com#LEXIQUE
Account Abstraction (ERC-4337)
An Ethereum standard turning externally owned accounts (EOAs) into programmable smart contract accounts.
See definition →WEB3 GLOSSARY
SLIPPAGE
noutita.com#LEXIQUE
Slippage
Slippage is the difference between the expected trade price and the price you actually pay when the trade executes.
See definition →WEB3 GLOSSARY
GAS FEE
noutita.com#LEXIQUE
Gas Fee
Cost to execute a transaction or contract on Ethereum, paid in ETH, calculated as gas used × (base fee per gas + priority fee).
See definition →WEB3 GLOSSARY
LIQUIDITY POOL
noutita.com#LEXIQUE
Liquidity Pool
A liquidity pool is a smart contract that holds funds and enables decentralized trading by allowing users to swap tokens against the pool's reserves.
See definition →WEB3 GLOSSARY
STAKING
noutita.com#LEXIQUE
Staking
Staking is the process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain by locking up a certain amount of cryptocurrency to support network operations and earn rewards.
See definition →WEB3 GLOSSARY
IMPERMANENT LOSS
noutita.com#LEXIQUE
Impermanent Loss
Impermanent Loss refers to the temporary loss of funds that liquidity providers experience when the price of the assets in a liquidity pool diverges from their original value at the time of deposit.
See definition →WEB3 GLOSSARY
SMART CONTRACT
noutita.com#LEXIQUE
Smart Contract
A smart contract is a self-executing contract with the terms of the agreement directly written into code, operating on a blockchain to automate and enforce execution without intermediaries.
See definition →