DeFi
IntermediateDeFi (Decentralised Finance) refers to financial services built on blockchain that operate without traditional intermediaries like banks. Using smart contracts, DeFi platforms enable users to lend, borrow, trade, and earn yield. Users maintain control of their assets via non-custodial wallets. While DeFi offers transparency, accessibility and reduced costs, it also carries risks like bugs, volatility, and regulatory uncertainty. DeFi continues to grow as a vital part of the crypto ecosystem. Popular DeFi platforms include Aave, Compound, and Uniswap.