A portmanteau of “decentralized finance,” DeFi is an umbrella term various decentralized cryptocurrency and blockchain projects aiming to disrupt financial intermediaries. DeFi is different from a cryptocurrency using a blockchain model (eg, bitcoin) in that it expands the application of blockchains from value transfers to more complex financial uses.
DeFi
Market Terms
We don't know everything about the markets. We're just devoted to learning. Taken from those smarter than ourselves, here's how we define DeFi.