DeFis Cambrian Explosion: Innovation Beyond Lending
Decentralized Finance, or DeFi, is rapidly reshaping the financial landscape, promising a more open, accessible, and transparent financial system. Instead of relying on traditional intermediaries like banks and brokers, DeFi leverages blockchain Technology to offer a range of financial services directly to users, cutting out the middleman and empowering individuals with greater control over their assets. This paradigm shift is not just a technological advancement; it represents a fundamental change in how we interact with and manage our finances.
What is Decentralized Finance (DeFi)?
Defining Decentralized Finance
Decentralized Finance (DeFi) refers to a financial system built on blockchain technology, primarily Ethereum. Its core objective is to replicate and improve traditional financial...

