Blockchain Glossary

Rekt

Rekt

August 28th, 2021   |   Updated on March 9th, 2022

Rekt is defined as completely destroyed and ruined. In cryptocurrency, it would mean total financial loss. It is an intentional misspelling of “wrecked”. Rekt is an online gaming phrase which meant someone was severely beaten by an opponent. In cryptocurrency, rekt is typically used when a person loses a lot of money.