Glossary
REKT Meaning: What Does REKT Mean in Crypto?
Definition
The slang term REKT means an investor has lost a huge amount of money due to a bad trade, a bad investment, or a security hack.
The term comes from the word "wrecked." It is typically used for people who lost everything by trading with too much borrowed money (leverage) or by investing in a project that turned out to be a rug pull.