DeFi

Decentralized Finance, or DeFi, is an emerging financial technology sector built on secure distributed ledgers, primarily public blockchains like Ethereum. Its core ambition is to create an open, transparent, and accessible financial system that operates without the need for traditional intermediaries such as banks, brokers, or centralized exchanges. DeFi leverages smart contracts to automate financial agreements and transactions, enabling peer-to-peer lending, borrowing, trading, and insurance services that are permissionless, censorship-resistant, and available to anyone with an internet connection.