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.


Markets

This One Graph Shows Ether Going From CeFi to DeFi: Glassnode

Data indicates DeFi could take a huge bite out of CeFi when it comes to the ether cryptocurrency.

Centralized exchanges get DeFi FOMO, as decentralized exchanges challenge their dominance in crypto trading.

Finance

Multicoin Capital Leads $1.15M Seed Round for DeFi Protocol Swivel Finance

The decentralized protocol says its offerings of fixed-rate lending and interest-rate derivatives will place it in a unique position in Defi.

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Videos

RAC on DeFi and Yield Farming- 'These Days It Feels Like a Full-Time Job'

RAC, the Grammy award winning artist and part-time yield farmer says that “these days it feels more like a full-time job.” RAC joins CoinDesk senior narkets reporter Daniel Cawrey to discuss a day in the life of a musician turned yield farmer during lockdowns, the end of DeFi and the future of NFTs.

Recent Videos

Videos

Former DragonFly Managing Partner Joins Huobi To Help “Tens of Millions” DeFi Investment

Alex Pack from DragonFly will Join Huobi to help invest tens of millions of dollars in decentralized finance, as the firm behind the top centralized exchange pushes forward its ambition in both DeFi and the market in the West.

Recent Videos

Videos

Hayden Adams-King of the DeFi Degens: Most Influential 2020

After Hayden Adams was laid off from his junior engineering position at Siemens and living at home with his parents for a stint, a career opportunity came knocking at Adams' door and Uniswap, the permissionless token exchange built on the Ethereum blockchain, was born.

Recent Videos

Finance

Curv Partners With MetaMask to Help Institutions Custody DeFi Assets

Curv is teaming up with MetaMask to allow institutions to invest in DeFi protocols while having institutional-grade custody options.

The Curv team, with CEO Itay Malinger at center right.

Finance

YIELD Raises $4.9M in Bid to Simplify DeFi

YIELD sets out to simplify the process of investing in DeFi products.

YIELD's app

Markets

Market Wrap: Bitcoin Recovers to $18.2K While Market Dynamics Juice DeFi Total Locked

Bitcoin fell below $18,000 Wednesday while DeFi closing in on $15 billion locked may have more to do with price than actual cryptocurrency parked there.

CoinDesk 20 Bitcoin Price Index

Videos

Hayden Adams-King of the DeFi Degens: Most Influential 2020

After Hayden Adams was laid off from his junior engineering position at Siemens and living at home with his parents for a stint, a career opportunity came knocking at Adams' door and Uniswap, the permissionless token exchange built on the Ethereum blockchain, was born.

Recent Videos

Markets

Huobi's HUSD Stablecoin to Run on Nervos Blockchain

China's Nervos picks Huobi's HUSD as the first available stablecoin on its blockchain amid a DeFi boom in China.

The Nervos team