Defi App - Better Than CEX
defi.app
Defi App - Better Than CEX
Decentralized Finance or DeFi is the movement that allows users to utilize financial services such as borrowing, lending, and trading without the need to rely on centralized entities. These financial services are provided via Decentralized Applications (Dapps), the majority of which are deployed on the Ethereum platform
DeFi is not a single product or company, but a range of financial services which emulates traditional financial industries, including banking, insurance, bonds, money markets and more. DeFi Dapps enable users to combine these services to achieve desired financial goals. It is often called money LEGOs due to its composability.