REKT
By CoinGecko | Updated on Mar 03, 2020
A shorthand slang for “wrecked”, typically describes bad trades that results in losses.
Outside of the crypto trading world, rekt is essentially the slang used to describe a bad situation.
Related Terms
Batch Auction
A Batch Auction distributes an amount of tokens to users that is proportional to their contribution to the pool.
51% Attack
An attack on blockchain by a group of miners controlling more than 50% of network hash rate
Gas
A unit of measurement of the computational effort in conducting transactions or smart contracts on Ethereum blockchain.
Ledger
A record of financial transactions that cannot be changed, only appended with new transactions.
Interested to stay up-to-date with cryptocurrencies?
Get the latest crypto news, updates, and reports by subscribing to our free newsletter.
Or check it out in the app stores
Arbitrum
Avalanche
Fantom
Flare
Gnosis
Linea
Optimism
Polygon
Polygon zkEVM
Scroll
Stellar
Story
Syscoin
Telos
X Layer
Xai
