BTC $64,928.71 -1.17%
ETH $1,881.97 -2.41%
BNB $566.57 -0.62%
XRP $1.11 -2.41%
SOL $75.42 -2.74%
TRX $0.3309 +1.07%
DOGE $0.0697 -3.70%
ADA $0.1666 -4.20%
BCH $211.30 -2.22%
LINK $8.50 -1.48%
HYPE $58.70 -0.85%
AAVE $95.52 -1.81%
SUI $0.7338 -5.03%
XLM $0.1827 -1.22%
ZEC $506.86 -1.93%
BTC $64,928.71 -1.17%
ETH $1,881.97 -2.41%
BNB $566.57 -0.62%
XRP $1.11 -2.41%
SOL $75.42 -2.74%
TRX $0.3309 +1.07%
DOGE $0.0697 -3.70%
ADA $0.1666 -4.20%
BCH $211.30 -2.22%
LINK $8.50 -1.48%
HYPE $58.70 -0.85%
AAVE $95.52 -1.81%
SUI $0.7338 -5.03%
XLM $0.1827 -1.22%
ZEC $506.86 -1.93%

lp

LP stands for Liquidity Provider, referring to individuals or entities that provide liquidity on decentralized finance (DeFi) platforms to support trading. Liquidity providers help decentralized exchanges (DEX) maintain market liquidity by depositing crypto assets into liquidity pools, and they earn trading fees and other rewards from this. LPs play a crucial role in the DeFi ecosystem, facilitating the realization of intermediary-free trading and the widespread application of decentralized financial products.
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