DeFi News & Analysis Today

What are Decentralized Finance (DeFi)? With DeFi, you can access cryptocurrency financial services using only a wallet and crypto assets. Decentralized applications (DApps) provide loans, liquidity, swaps, staking, and more across multiple blockchains. Initially, most DeFi projects were built on Ethereum. Today, DeFi DApps can be deployed on nearly all blockchains that support smart contracts, including second-layer solutions such as Arbitrum and Optimism. Smart contracts are essential for DeFi services: staking, investing, lending, saving, and more. DeFi enables users to optimize yields, use decentralized marketplaces and banking services, as well as provide and receive loans. However, DeFi also carries risks, which is why it is important to always conduct your own research.