Decentralised Finance (DeFi) refers to financial services built on blockchain technology that operate without banks or traditional intermediaries. DeFi protocols allow users to lend, borrow, trade, and earn interest on crypto directly through smart contracts. Popular DeFi platforms include Uniswap (decentralised exchange), Aave (lending), and MakerDAO (stablecoins).
Related Terms
A blockchain is a decentralised, distributed digital ledger that records transactions across a netwo...
Bitcoin is the world's first and largest cryptocurrency, created in 2009 by the pseudonymous Satoshi...
Ethereum is the second-largest cryptocurrency by market cap. Unlike Bitcoin, Ethereum is a programma...
An altcoin is any cryptocurrency other than Bitcoin. The term comes from 'alternative coin.' Altcoin...
Market Navigator Glossary — plain-English definitions of 93+ investing and crypto terms. All content is for educational purposes only and does not constitute financial advice.