DeFi (Decentralized Finance)
Financial services built on blockchain that operate without traditional intermediaries.
intermediate
defi
Explained Simply
DeFi replaces banks, brokers, and exchanges with smart contracts — self-executing code on a blockchain. You can lend, borrow, trade, earn interest, and get insurance without a middleman. Popular DeFi protocols include Uniswap (trading), Aave (lending), and Lido (staking). The advantage is permissionless access; the risk is smart contract vulnerabilities. Always research protocols before depositing funds.
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This content is for educational purposes only and does not constitute financial, tax, or legal advice. Always consult a qualified professional for advice specific to your situation.