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Definition: DeFi receipt token


A receipt from a deposit in a crypto lending and borrowing platform. For example, if 1 ETH is deposited in Aave, 1 aWETH (wrapped ETH) receipt token is returned. Aave uses the "a" prefix while Compound receipt tokens use a "c." For example, 1 USDT sent to Compound returns a cUSDT token. See Aave, Compound and wETH.