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NFT Term Glossary

Canonical definitions for NFT and crypto terms, each as its own glossary entry for fast internal linking.

Keystore File
1 min read

Keystore File

An Ethereum Keystore file is an encrypted version of your Ethereum private key, which is created by combining your private key and your password resulting in an …

Keystore File
Know Your Customer (KYC)
Dec 02, 2025

Know Your Customer (KYC)

Stands for “Know Your Customer” and refers to provisions of US regulation related to financial services …

Larva Labs
Dec 02, 2025

Larva Labs

Larva Labs is a software studio best known in the NFT space for creating foundational projects such as CryptoPunks, …

Laser Eyes
Dec 02, 2025

Laser Eyes

A popular cryptocurrency meme suggests that bitcoin will eventually break the $100,000 USD per Bitcoin price level.

Layer 2
Dec 02, 2025

Layer 2

In the world of blockchains, Layer 1 refers to the actual blockchain itself, while the term layer 2 includes projects …

LFG
Dec 02, 2025

LFG

LFG is an acronym that stands for “Let’s Fu*king Go and has been adopted by crypto Twitter and the …

Light Client
Dec 02, 2025

Light Client

A blockchain client designed to allow users of lower power computers and smartphones to download and interact with a …

Liquid
Dec 02, 2025

Liquid

A project is considered “liquid” when there are many buyers and sellers on both sides of the market.

Liquidity Provider (LP)
Dec 02, 2025

Liquidity Provider (LP)

A trader or crypto investor earns interest or tokens or yield by depositing assets into a smart contract of the …

List
Dec 02, 2025

List

List refers to listing a cryptocurrency or NFT on a trading exchange or marketplace.