🔗 Blockchain & DeFi
What is DeFi?
DeFi refers to financial services built on blockchain that operate without traditional intermediaries like banks.
DeFi (Decentralized Finance) is an ecosystem of financial applications built on blockchain networks, primarily Ethereum. It aims to recreate traditional financial services without centralized intermediaries.
Key DeFi Services
- . **Lending/Borrowing**: Protocols like Aave and Compound let users lend crypto and earn interest, or borrow against collateral
- . **Decentralized Exchanges (DEXs)**: Uniswap, SushiSwap - trade crypto without centralized exchange
- . **Yield Farming**: Earn rewards by providing liquidity to protocols
- . **Stablecoins**: Crypto pegged to fiat currencies (USDC, DAI)
- . **Derivatives**: Synthetic assets and options on-chain
Advantages of DeFi
- No KYC or permission needed
- 24/7 availability
- Transparent code (auditable)
- Global access
- Composability ("money legos")
Risks of DeFi
- Smart contract bugs
- Impermanent loss
- High gas fees
- Regulatory uncertainty
- Complexity
💡 Key Points
- ✓Financial services without traditional intermediaries
- ✓Built primarily on Ethereum and other smart contract platforms
- ✓Includes lending, borrowing, trading, and yield farming
- ✓Permissionless and globally accessible
- ✓Significant risks include smart contract bugs and impermanent loss
How to Use DeFi (Decentralized Finance)
- 1Start with established protocols (Aave, Uniswap, Compound)
- 2Always research smart contract audit status
- 3Understand impermanent loss before providing liquidity
- 4Use our DeFi screener preset to find DeFi tokens
- 5Diversify across multiple protocols to reduce risk
Try It in Action
Apply DeFi (Decentralized Finance) to find trading opportunities.
Explore DeFi Tokens →