All terms
Wrecked. Suffering a severe loss, usually through leverage.
Getting rekt means taking a loss large enough to matter. It most often follows liquidation of a leveraged position.
The word is used lightly, which slightly obscures how much real damage it describes.
Liquidation feeds during a sharp move are full of people getting rekt in real time.
That being rekt means being unlucky. It usually means leverage, which converts an ordinary move into a total loss. The word is worn lightly and it describes a position that was sized to fail.
Common questions
Where does rekt come from?
Is there a way to avoid getting rekt?
Where this comes up on the site
The guides that actually use this word, rather than a list of everything we have written.
Where to go next
More culture terms
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