REKT is a stylized "wrecked" — a major financial loss. Usually used to describe traders caught by liquidation on leveraged positions or investors caught in a rug pull.
Example#
"10x short on ETH, price ran +5% — got rekt, account zeroed."
REKT
slangAlso: rektwrecked
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Related terms
← All terms- 10xslang
A tenfold price multiple — the unit crypto measures dreams in (10x, 100x).
- Airdropslang
Free distribution of tokens to early users or active community members.
- Ape (in)slang
To buy an asset fast without analysis, on instinct or hype.
- ATHslang
All-Time High — the historic peak price of an asset.
- ATLslang
All-Time Low — the historic bottom price of an asset.
- Bagholderslang
A holder of an asset that crashed and isn't recovering.
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