CoinVerum Learn
Clear, expert explanations of how decentralized exchanges, liquidity pools and on-chain pricing work — the concepts behind every price, liquidity and volume figure CoinVerum publishes, grounded in real Ethereum data.
Quick, plain-English definitions of every term across these guides — from AMM and TVL to impermanent loss and MEV — each linked to a deeper explainer.
Learn how DeFi liquidity pools work, how automated market makers set prices, how liquidity providers earn fees, and which risks to check before trading.
5 min read
DEXes price swaps with a formula, not an order book. Learn the constant-product formula (x·y=k), how the reserve ratio sets price, and why large trades move it.
6 min read
Price impact is how much your own trade moves the pool price; slippage is the difference between quoted and executed price. Learn what causes them and how to limit them.
5 min read
An automated market maker (AMM) replaces the order book with a formula that prices trades from a pool’s reserves. Learn how AMMs work, their types, and their trade-offs.
6 min read
Concentrated liquidity lets LPs focus capital in a price range for far greater efficiency. Learn how Uniswap V3 ticks and V4 hooks work, and the trade-offs versus V2.
6 min read
Centralized-exchange prices come from private order books; DEX prices come from public smart contracts. Learn why the two can differ and why on-chain data is verifiable.
5 min read
TVL measures the value of assets held in a protocol’s smart contracts. Learn how DEX TVL is calculated on-chain, what it signals, and its limitations.
4 min read
A token’s price only matters if you can trade it. Learn to read on-chain liquidity — pool depth, distribution and concentration — to judge whether a price is real.
5 min read
Market cap counts circulating supply; fully diluted valuation (FDV) counts every token that will ever exist. Learn why the gap between them is one of crypto’s biggest red flags.
5 min read
Impermanent loss is the gap between holding tokens and providing them as liquidity when prices move. Learn what causes it, how to estimate it, and when fees make up for it.
6 min read
MEV is value extracted by reordering blockchain transactions. Learn how sandwich attacks and front-running work on DEXes — and how to protect your trades from them.
6 min read
A depeg is when a stablecoin loses its $1 target. Learn what causes depegs, how to spot early warning signs in on-chain liquidity, and why pool balances matter most.
5 min read
A rug pull drains a token’s liquidity, leaving holders unable to sell. Learn the on-chain red flags — thin or unlocked liquidity, concentration and mint powers — before you buy.
6 min read
WETH is Ether wrapped as an ERC-20 token so it can trade in DeFi. Learn what wrapping is, why WETH exists, and how wrapped tokens like WBTC work on-chain.
4 min read
Yield farming earns rewards by supplying liquidity or capital to DeFi protocols. Learn how liquidity mining works, where the yield comes from, and the risks behind the APY.
5 min read
Reading a token’s price is easy; knowing whether that price is real takes a little more. These guides cover the mechanics that decide it — how automated market makers set prices, what liquidity depth means for your trade, and why on-chain data differs from centralized exchanges. Once the concepts click, the live data across CoinVerum reads like a map instead of a wall of numbers.