No Summary provided as the original text is short
- DeFi (blockchain-based financial services): A crypto ecosystem that offers lending, trading, and other financial tools without traditional intermediaries such as banks.
- liquidation: A process in crypto lending where collateral is sold automatically when a borrower’s position falls below required thresholds.
- illiquid tokens: Crypto assets that are difficult to buy or sell in size without causing large price swings, which can increase market stress during borrowing activity.