D

Crypto, trading and market making terms from the Motion Trade glossary. Each definition explains the term in plain language and links to related guides.

DAO (Decentralized Autonomous Organization)

An organization governed by rules encoded as smart contracts on a blockchain, without central leadership.

DApp (Decentralized Application)

An application running on a decentralized network, typically using smart contracts.

Dead Coin

A cryptocurrency that has been abandoned, delisted, or has no active development, community, or trading volume.

Decentralized Social Network

A social media platform built on blockchain technology where users own their data and content.

DeFi (Decentralized Finance)

Financial services built on blockchain technology, operating without traditional intermediaries.

Depth (Market Depth)

The value of buy and sell orders resting near the current price, usually measured within ±2% of the mid price.

Derivative

A financial contract deriving its value from an underlying asset, such as futures or options.

DEX (Decentralized Exchange)

A peer-to-peer cryptocurrency exchange where users trade directly from their wallets without intermediaries.

Diamond Hands

A slang term describing an investor who holds an asset despite volatility or losses.

Distributed Ledger

A database that is shared, replicated, and synchronized across multiple locations or participants.

Drawdown

The reduction of an asset’s peak value to its lowest point over a specific period.

Dual-Token Economy

A tokenomics model where a project uses two separate tokens — one for utility and one for governance or value storage.

DYOR (Do Your Own Research)

A phrase encouraging investors to independently verify information before making decisions.