Externally Owned Accounts (EOA)
By CoinGecko | Updated on Aug 13, 2021
Externally owned accounts (EOAs) are accounts that are controlled by a private key and have no coding associated with them. If you hold the private key associated with an EOA, you can send Ether and messages from it.
Related Terms
Derivatives Market
A market for derivatives which are instruments such as futures or options whose value is derived from an underlying asset.
Total Value Locked
Total Value Locked (TVL) represents the number of assets that are currently staked in a protocol or the total quantity of underlying amount of funds that a DeFi protocol has secured.
Impermanent Loss
Temporary loss of funds due to volatility leading to divergence in price between token pairs provided by liquidity providers.
Faucet
A faucet usually represents a site or app where a user can navigate to for small rewards repeated over time.
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