DeFi

DeFi, short for decentralized finance, represents a shift in the financial sector by leveraging blockchain technology, primarily Ethereum, to eliminate traditional financial intermediaries. It enables various financial applications, from simple transactions to complex contracts, through smart contracts that execute automatically under specific conditions. Key DeFi applications include decentralized exchanges (DEXs), stablecoins, lending platforms, and prediction markets. DeFi offers financial services like loans and interest-earning opportunities without traditional identity verification, relying instead on collateral, usually in cryptocurrency. This innovative sector promises increased accessibility and efficiency but comes with risks, such as market volatility and unregulated projects.


Finance

A16z Details Its New Approach to Crypto Governance

Perhaps the most powerful force in DeFi governance is promising to lift the veil on its internal procedures.

Andreessen Horowitz General Partner Chris Dixon

Videos

Korea Reveals Crypto Exchange ‘Death Note,’ DeFi Investment Booms

South Korea reveals crypto exchange ‘Death Note’. DeFi investment booms. FTX offers loan to hacked Japanese crypto exchange Liquid. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Recent Videos

Finance

Can Avalanche Keep It Up? DeFi Users Rush In as Incentives Roll Out

The total value locked in Avalanche's DeFi ecosystem has swelled to $1.8 billion in the last month. Here's why.

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Markets

Solana's Apricot Finance Raises $4M in 'Party' Funding Round

Apricot said it intends to use its newly raised capital to support the rollout of its flagship services.

Apricots

Markets

Market Wrap: ‘Extreme Greed’ for Bitcoin Falters at $50K

“The fear is gone for now, and the market is optimistic,” Arcane Research wrote in a Tuesday newsletter. But not enough to keep bitcoin's price above $50K.

Bitcoin 24-hour chart

Videos

DeFi Adoption Still Reportedly Far From Mainstream

A new report from blockchain data firm Chainalysis suggests mainstream adoption of decentralized finance (DeFi) protocols remains at an early stage relative to the wider crypto industry. “The Hash” group digs into the findings and what they could indicate about the ever-evolving future of DeFi.

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Videos

DeFi Exchange SushiSwap Builds on Avalanche as Part of $180M Incentive Program

Popular decentralized exchange (DEX) SushiSwap is the latest decentralized finance (DeFi) project to join proof-of-stake blockchain Avalanche in its $180 million incentive program. "The Hash" hosts discuss the ongoing trend of blockchain networks increasingly jumping aboard the DeFi bandwagon and what this could mean in navigating the future of open finance.

Recent Videos

Finance

DeFi Exchange SushiSwap Builds on Avalanche as Part of $180M Incentive Program

The projects are committing $15 million in liquidity mining incentives over the next three months.

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Finance

DeFi Adoption Is Still Far From Mainstream: Chainalysis

A new report from the blockchain-sleuthing firm says DeFi has been "powered by experienced cryptocurrency traders and investors."

DeFi's adoption requires more grassroots activity, says Chainalysis.