Eicosanoids are signaling molecules derived from 20-carbon fatty acids such as eicosapentaenoic acid, arachidonic acid, and di-homo gamma-linolenic acid, playing key roles in various bodily functions like inflammation and blood regulation. They include prostanoids (prostaglandins, thromboxanes), leukotrienes, and lipoxins, each with distinct structures and functions. Eicosanoids are short-lived, acting locally and quickly inactivated by enzymatic processes.