DeFi
Short for decentralized finance. DeFi offers financial vehicles without relying on intermediaries such as brokerages, exchanges, or banks by using smart contracts on a blockchain. The most popular platform for DeFi applications is Ethereum.
In a sentence
The user deposited stablecoins into a DeFi lending protocol to earn interest.
- The user deposited stablecoins into a DeFi lending protocol to earn interest.
- DeFi applications use smart contracts to provide financial services without traditional intermediaries.
- A wallet connection allowed the investor to trade through a DeFi exchange.
- The audit identified risks in the DeFi protocol’s liquidation mechanism.
- Total value locked declined as users withdrew assets from DeFi platforms.
Continue your research
Stories, market data, and analysis that reference this concept.
Lido DAO exposes token flaw and forces a budget review
A proposed budget link could pass genuine savings into LDO purchases, while corrected scenarios show why counter resets cannot improve underlying profit.
Sky’s $4.4 billion liquidity disclosure shows why USDS cash-outs need a separate bank route
Sky’s PSM converts USDS into USDC using existing inventory. Receiving bank dollars requires a separate eligible issuer and banking route.
Aave’s USDG rollover plan has a yield below most quoted borrowing rates
The proposed February USDG position yields less than three quoted borrowing rates; GHO was cheaper in October 7 data, and reward eligibility remains unresolved.
Some Aave loans sit near liquidation with collateral that can take hours to cash out
October 9 snapshots show narrow buffers in selected PT-AUSD and syrupUSDC positions; liquidators need cash before collateral exits pay them back.
