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.

Tech

OpenZeppelin's 'Defender' Gives DeFi Teams a Weapon Against Flash Loan Attacks

Flash loan attacks have filched nearly $150 million from DeFi projects since 2020.

By Colin Harper, Blockspace MediaMar 11, 2021

Tech

Zaki Manian's Sommelier Finance Raises $3.5M to Help DeFi Investors Avoid Impermanent Loss

A cross-chain balm to help DeFi minnows swim with the whales.

By William FoxleyMar 10, 2021

Markets

BlockTower Capital Launches $25M Fund to Invest in DeFi Projects

The fund will facilitate investment in a wider range of longer term, more illiquid assets, Axios reported March 4.

By Jamie CrawleyMar 9, 2021

Ari Paul, CIO and managing partner at BlockTower Capital

Videos

Bitwise Launches DeFi Index Fund

Asset manager Bitwise has recently launched a DeFi index fund, which has pulled in over $30 million in sales over the past two weeks. Matt Hougan, Bitwise's chief investment officer, explains the use case for DeFi and how the average retail investor can understand decentralized finance.

Mar 9, 2021