All Transaction Types

Your handy guide to decode DeFi transaction types, and what they mean

Transaction types

Airdrop: You received a reward for participating in a specific project or protocol.

Approval: You approved a transaction by giving permission for your funds to be used or transferred within a protocol.

Borrow: You borrowed funds or digital assets from a lending platform or protocol by locking up collateral, such as other cryptocurrencies or tokens as security.

Bridge in: You transferred a digital asset from a different blockchain network to the current network you are using.

Bridge out: You transferred a digital asset from the current network you are using to a different blockchain.

Claim: You acquired or redeemed tokens/rewards that were due to you.

Collect: You received or gathered a specific asset, such as tokens or rewards.

Deposit: You transferred funds or digital assets from an external source, such as a personal wallet or an exchange account, into a specific cryptocurrency address or account.

Donation: You voluntarily transferred funds or assets to a recipient without expecting anything in return (eg: support projects, organizations, charities, or individual causes).

Expense: You made a transaction that involves spending or using funds for a specific purpose.

Failed: You initiated a transaction but, for some reason, it was not successfully completed.

Follow: You are following a person or a project on a specific protocol.

Ignore: You ignored a transaction.

Interaction: You made any type of engagement or activity with a smart contract or a decentralized application.

Lend: You provided funds or assets to others for a specified period, usually in exchange for interest payments.

Liquidity - Add: You provided funds to a liquidity pool in a decentralized exchange (DEX) or automated market maker (AMM) platform.

Liquidity - Remove: You withdraw your share of funds or assets from a liquidity pool in a decentralized exchange or automated market maker platform.

Mint: You bought an NFT.

Self transfer: You transferred funds or assets from one of your own addresses or wallets to another.

Spam: You received a malicious or excessive sending of unwanted, irrelevant, or unsolicited messages, transactions, or data.

Stake: You locked up a certain amount of cryptocurrency in a designated wallet or smart contract in exchange for a reward.

Sign: You have signed a transaction, such as a multi-sig.

Swap: You exchanged one cryptocurrency or token for another.

Transfer in: You received funds or assets into a specific cryptocurrency address or account.

Transfer out: You sent funds or assets from a specific cryptocurrency address or account to an external destination.

Unstake: You unlocked and withdraw your staked funds from a staking mechanism or a staking pool.

Unwrap: You converted wrapped tokens back into their original form.

Vault - Close: You terminated or closed a collateralized position within a lending or borrowing protocol.

Vault - Open: You created a collateralized position within a lending or borrowing protocol.

Vault - Repay: You returned the borrowed funds or debt that you owe within a lending or borrowing protocol.

Withdraw: You removed funds from a protocol.

Wrap: You converted a specific cryptocurrency or asset into a wrapped token representation.

Last updated