Exploring the World of DeFi

Unlock the Secrets of DeFi

What is Defi

Defi is the abbreviation for decentralized financial markets. These are decentralized applications (DAPPS) that are supposed to replace central financial intermediaries such as stock exchange brokers and banks.

Defi applications are dependent on complex, programmable contracts (smart contracts). Smart Contract platforms such as Ethereum are therefore more suitable than simple, less well programmable blockchains such as Bitcoin.