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.
XRP holders could earn new yield, but getting out may take up to 60 days
Firelight plans to pay XRP holders for backing DeFi coverage, but withdrawals could take up to 60 days once its coverage system launches.
Aave V4 proposal would put DAO funds first in line to absorb lending losses
TokenLogic proposes Core WETH, USDC and USDT protection, with DAO offsets absorbing first losses before volunteer underwriters.
$55 million Aave stablecoin pool sees just $4.4 million available for withdrawals
Monad USDT0 displayed a 6.10% APR with roughly $4.4 million unborrowed, showing why yield and withdrawal capacity need separate scrutiny.
Hackers mint trillions in fake Bitcoin, but 15 BTC bridge recovery leaves liquidity providers unpaid
The native bridge remains paused as a 20% bounty window closes Sep. 13 and final accounting continues.
