The financial world is evolving, and Decentralized Finance, or DeFi, is at the forefront of this revolution. But what exactly is DeFi, and how can you get involved? In this... more
The financial world is evolving, and Decentralized Finance, or DeFi, is at the forefront of this revolution. But what exactly is DeFi, and how can you get involved? In this blog, we’ll break down what Defi is, how Defi works, and Cefi vs Defi, and discuss the popular Defi-based service in 2025. By the end, you’ll have a clear understanding of what DeFi offers and how it is reshaping traditional finance.
What is DeFi?
DeFi, short for Decentralized Finance, is a movement that aims to recreate traditional financial services using blockchain technology. Instead of relying on centralized intermediaries like banks, DeFi operates on open-source, decentralized networks, primarily the Ethereum blockchain. Here are the core principles of DeFi:
Accessibility: DeFi is open to anyone with an internet connection and a cryptocurrency wallet, providing financial services to unbanked or underbanked populations.
Transparency: All transactions and financial operations are recorded on the blockchain, ensuring... less