# DeFi Acronyms

By [Ankhrypto](https://paragraph.com/@ankhrypto) · 2022-02-13

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### Common acronyms for decentralized finance

*   **DeFi**: Decentralized finance‍
    
*   **AMM**: Automated market maker‍
    
*   **LP**: Liquidity provider/pool ‍
    
*   **IL**: Impermanent Loss‍
    
*   **DEX**: Decentralized exchange
    
*   **CEX**: Centralized exchange
    
*   **BSC**: Binance Smart Chain‍
    
*   **APY**: Annual Percentage Yield‍
    
*   **APR**: Annual Percentage Rate‍
    
*   **TVL**: Total Value Locked
    
*   **EVM**: Ethereum Virtual Machine‍
    
*   **dApp**: Decentralized Application‍
    
*   **PoW**: Proof of Work.
    
*   **PoS**: Proof of Stake‍
    
*   **IDO**: Initial Decentralized Offering‍
    
*   **ICO**: Initial Coin Offering‍
    
*   **IEO**: Inital Exchange Offering
    
*   **IFO**: Inital Farm Offering
    
*   **LBP**: Liquidity Bootstrapping Pool
    
*   **DAO**: Decentralized Autonomous Organization
    
*   **VC**: Venture Capital
    

_This list will be regularly updated. If you find I’ve left out a certain term, feel free to contact me on Twitter._

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*Originally published on [Ankhrypto](https://paragraph.com/@ankhrypto/defi-acronyms)*