Definition
A smart contract is self-executing code stored on a blockchain that automatically enforces agreements when conditions are met.
Why It Matters
Understanding Smart Contract helps you read crypto market data more accurately and make better-informed decisions when comparing coins, projects, and on-chain activity.
Where You'll See It
Smart Contract appears throughout cryptocurrency analytics on Crypto Market Watch — including coin profiles, rankings, and other glossary entries. Continue with related glossary terms or read the longer-form learn articles for deeper context.