- Back to menuNews
- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menuSponsored
- Back to menu
- Back to menu
- Back to menuResearch
- Back to menuWebinars & Events
- Back to menu
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.
What Are DeFi Tokens?
Decentralized finance tokens provide crypto users with access to a number of bank-like services such as loans, lending and insurance.
FTX Accounts Drainer Swaps Millions in Stolen Crypto, Becomes 35th-Largest Ether Holder
The funds were converted to DAI stablecoins and bridged to the Ethereum network.
Solana DeFi Sees Almost $700M in Value Wiped Out on FTX Fallout
FTX founder Sam Bankman-Fried was a prominent backer of the network.
Crypto Lender BlockFi Updates Users on Platform, FTX Exposure
The company denied rumors that a majority of its assets are custodied at collapsed crypto exchange FTX.
FTX Showed the Problems of Centralized Finance, and Proved the Need for DeFi
The meltdown of Sam Bankman-Fried's crypto trading empire could not, and would not, have happened to a decentralized and transparent protocol.
DeFi Exchange Platform dYdX Places Solana in 'Close Only' Mode
The move comes after Solana has plummeted 40% in 24 hours due to its link with the beleaguered Sam Bankman-Fried empire.
Liquidity Crunch Spreads to Crypto Lending as Institutional Borrowers Max Out Credit Pools
Multiple crypto investment firms received a “warning” label on lending protocol Clearpool for draining almost the maximum amount of credit from their credit pools.
Wintermute-Backed DEX Bebop Launches on Polygon
Bebop, which is incubated by crypto market-maker Wintermute, first launched on the Ethereum blockchain this past June.
Communications Startup Dialect Issues Tech Specs for ‘Smarter Messaging’ in Crypto
"If we look at how standards get adopted, its a chaotic mix of right time right place," said CEO Chris Osborn.
