What is DeFi? Decentralized Finance (DeFi) is a rapidly growing sector of the cryptocurrency industry that enables users to access financial services without relying on traditional intermediaries such as banks or other financial institutions.
DeFi offers innovative solutions for peer-to-peer lending, asset management and insurance, trading platforms, and more. Its core principles are based on decentralization, transparency, and accessibility, which allow users to interact with each other in a secure yet efficient manner.