BUIDL
The act of actively building and contributing to the development of decentralized technologies and ecosystems, rather than solely investing or speculating.
What is BUIDL?
BUIDL is a deliberate misspelling of “build,” inspired by the crypto community’s term “hodl” (a misspelling of “hold”). It emphasizes the proactive creation, development, and contribution to decentralized technologies, particularly in the blockchain and digital asset space, rather than passively holding or trading assets for profit. The term reflects a philosophy of fostering innovation, open-source collaboration, and infrastructure growth within decentralized ecosystems like Ethereum, Bitcoin, or other blockchain networks.
The concept of BUIDLing involves activities such as developing decentralized applications (dApps), contributing to blockchain protocols, writing smart contracts, or participating in governance and community initiatives. For example, developers BUIDLing on Ethereum might create new DeFi protocols or improve scalability solutions like layer-2 networks. The term gained traction within the crypto community, especially on platforms like X, where developers and enthusiasts advocate for hands-on contributions to advance the industry’s adoption and utility.
BUIDL underscores a mindset of long-term commitment to the decentralized vision, distinguishing it from speculative trading. It’s often used in discussions to encourage tangible contributions, such as coding, testing, or promoting blockchain projects, over merely seeking financial gains.
Related Terms
DEX
A decentralized exchange (DEX) is a platform for trading digital assets directly between users on a blockchain without intermediaries.
Stablecoins on Ethereum
Digital assets pegged to fiat currencies like USD, issued on Ethereum for stable value transfer, DeFi collateral, and global payments.
Gas Cost Complexity
The variable and cumulative transaction fees on blockchains that complicate liquidity provision and trading in DeFi.
Legal Tender
Currency mandated by law for debt settlement, including digital forms.
APR (Lending)
The annualized percentage rate of interest earned or paid in DeFi lending, excluding compounding.
Hashrate of Bitcoin
The total computational power used by the Bitcoin network to secure transactions and validate blocks, measured in hashes per second (H/s).