Here are 4 terms in cryptocurrencies that every trader should know (TVL, Open interest, Gas Fee, Hash Rate). In this article, we explain these terms in detail. So, don't forget to read the full article.

1. Total value locked (#tvl ):

It represents the total value of assets staked or locked in a DeFi protocol. A higher value indicates greater trust in the platform.

2. Open interest:

Indicates the total number of outstanding derivative contracts in the markets. High interest means high liquidity and interest.

3. Gas fees:

A fee paid to miners on a blockchain network such as Ethereum to verify transactions.

4. Hash rate:

It measures the computing power of a blockchain network, which indicates the security of the network.

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