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  1. Understanding Decentralized Finance (DeFi): Basics and Functionality

    Aug 31, 2025 · Decentralized finance, or DeFi, is an emerging peer-to-peer system attempting to remove third parties and centralized institutions from financial transactions. DeFi consists of …

  2. What Is DeFi? A Guide to Decentralized Finance - Coursera

    Dec 9, 2025 · Decentralized finance, or DeFi for short, grants you open and decentralized financial services through blockchain technology. By leveraging smart contracts and eliminating the need for …

  3. What is DeFi? - Coinbase

    DeFi is short for decentralized finance, an umbrella term for peer-to-peer financial services on public blockchains.

  4. What Is Decentralized Finance? | Britannica Money

    Decentralized finance —or DeFi for short—is an emerging digital ecosystem that allows people to send, purchase, and exchange financial assets without relying on banks, brokerages, or exchanges.

  5. Decentralized finance - Wikipedia

    Decentralized finance (often stylized as DeFi) provides financial instruments and services through smart contracts on a programmable, permissionless blockchain. This approach reduces the need for …

  6. What is DeFi (Decentralized Finance) and How it Works

    Jan 1, 2026 · Discover what DeFi is and how decentralized finance works. Learn about lending, borrowing, trading, and yield farming on blockchain. Explore DeFi benefits, risks, best practices for …

  7. What is DeFi? - Blockchain Council

    Apr 4, 2025 · Decentralized Finance (DeFi) is revolutionizing the traditional financial system by eliminating intermediaries and enabling peer-to-peer transactions. Built on blockchain technology, …

  8. What is Decentralized Finance (DeFi)? - DeFi Rate

    Dec 29, 2025 · Examples of DeFi in the real world Definitions are useful, but practical applications are better to illustrate how decentralized finance works. Lending and borrowing protocols These …

  9. What is DeFi? A Comprehensive Guide - CoinRank

    This comprehensive guide explains what DeFi is and how it works by introducing decentralized finance, its components like smart contracts and dApps, its benefits, risks such as market volatility and …

  10. What is DeFi? A Simple Explanation for Beginners (2025)

    A simple guide that explains Decentralized Finance (DeFi). Learn how DeFi works, its key components like smart contracts, and how it aims to build a new financial system.