One-page quick reference for key DeFi concepts, formulas, and tools. Free for everyone.
DeFi = Decentralized Finance - financial services on blockchain without intermediaries
DEX = Decentralized Exchange - trade tokens directly from your wallet (Uniswap, SushiSwap)
Liquidity Pool = Collection of tokens locked in a smart contract to enable trading
Yield Farming = Providing liquidity to earn fees + token rewards
Impermanent Loss = Temporary loss when providing liquidity vs holding
Portfolio Tracking: Google Sheets with CoinGecko API, Zapper, Zerion, DeBank
Gas Tracking: Etherscan, GasNow, ETH Gas Station
Security: Revoke.cash, Etherscan Token Approval checker
Research: Dune Analytics, DeFi Llama, Token Terminal, Messari
Never invest more than you can afford to lose
Always use hardware wallet for large amounts
Check contract audits before depositing
Diversify across protocols and chains
Track your trades for tax purposes
1. Set up MetaMask (wallet)
2. Bridge ETH to L2 (Arbitrum, Optimism, Base)
3. Try a small swap on Uniswap
4. Provide liquidity to a stable pair (USDC/DAI)
5. Track everything in a portfolio spreadsheet
Tip: For a complete 45-chapter guide, check out our DeFi 101 Guide ($3)