Glossary March 5, 2026 Centralized Exchange (CEX) Centralized Exchange (CEX) A cryptocurrency exchange operated by a central company that requires user identity verification and holds user funds in custodial wallets.
Glossary March 5, 2026 Automated Market Maker (AMM) A decentralized exchange protocol that uses mathematical formulas and liquidity pools to price assets automatically without traditional order books.
Glossary March 5, 2026 Algorand upgrade A change to protocol rules or software that may require coordination among node operators and ecosystem participants.
Glossary March 5, 2026 High-Frequency Trading Algorithmic trading strategies that execute large numbers of cryptocurrency orders at extremely high speeds.