WHAT IS DECENTRALIZED FINANCE DEFI HOW DOES IT WORK

Last updated: June 16, 2025, 11:01  |  Written by: Vitalik Buterin

What Is Decentralized Finance Defi How Does It Work
What Is Decentralized Finance Defi How Does It Work

Decentralized Finance

What is DeFi?

What Is Decentralized Finance (DeFi) and How Does It Work?

Decentralized finance (DeFi) is an emerging peer-to-peer financial system that uses blockchain and cryptocurrencies to allow people, businesses, or other entities to transact directly with each other. The key principle behind DeFi is toremove thirdpartieslikebanks from the financial system,thereby reducingVer más

How Does Defi Work

How does DeFi work? Among the most popular projects are lending protocols Aave, Maker and Compound . These are protocols that let you borrow

What is DeFi And How Does It Work? Decentralized

What is DeFi? Decentralized Finance Explained for

Decentralized Finance

Decentralized Finance (DeFi) is a transformative approach to banking and financial services, leveraging blockchain technology to remove intermediaries from financial

What Is DeFi? A Guide to Decentralized Finance

What Is Decentralized Finance?

DeFi 101: What is Decentralized Finance and Why it's Important

DeFi: The Ultimate Beginner's Guide to Decentralized Finance

Vitalik Buterin can be reached at [email protected].

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