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.

DeFi

Merkado

$200M Staked in YAM-Inspired DeFi Protocol in Under 12 Hours

The DeFi craze continues as investors stake $200 million in a new yield farming protocol that's not even 12 hours old yet.

Ni Paddy Baker

(BLueFiSH.as/Wikimedia Commons)

Merkado

Binance-Owned WazirX Announces DeFi Project With Matic

The exchange has opted for Matic instead of Ethereum’s network, which is currently dominating the DeFi space because of "high gas costs."

Ni Omkar Godbole

The Gateway of India in Mumbai.

Merkado

DeFi-Yield-Hunting Token YFI Explodes to $11K From $32 in One Month

A governance token for DeFi investment protocol yEarn Finance has shot up to over $11,000 despite barely being a month old.

Ni Paddy Baker

YFI price performance over the past seven days (CoinGecko)

Merkado

Market Wrap: Bitcoin Cracks $12.4K; DeFi Crosses $6B Locked

Bitcoin experienced a big jump Monday as investors continue to drop crypto into DeFi.

Ni Daniel Cawrey

CoinDesk 20 Bitcoin Price Index

Merkado

Huobi Launches Consortium of DeFi Providers and Platforms With MakerDAO, Compound

Huobi has launched a new consortium with MakerDAO and Compound to promote decentralized finance.

Ni Sebastian Sinclair

Huobi OTC

Pananalapi

Bitcoin DeFi May Be Unstoppable: What Does It Look Like?

Bitcoin veterans are about to join the decentralized finance (DeFi) bull run, and they are taking a very different approach than Ethereum fans.

Ni Leigh Cuen

CoinDesk placeholder image

Pananalapi

Enterprises Would Use DeFi, if It Weren't so Public

For DeFi to go mainstream, it needs to adopt the privacy large enterprises require.

Ni Paul Brody

(Stefan Steinbauer/Unsplash)

Tech

Newest DAO Project Was Thrown a Curve, but the Team Is Rolling With It Anyway

An anonymous DeFi user deployed Curve Finance’s DAO and token smart contracts without the team’s permission, but the Curve team is adopting it anyway.

Ni Colin Harper, Blockspace Media

(Jose Morales/Unsplash)

Tech

Lending Protocol Aave Eyes Tokenized Mortgages With Launch of V2

Tokenized mortgages may be coming to decentralized finance (DeFi) following Aave v2’s specification announcement Friday.

Ni William Foxley

Stani Kulechov, founder and CEO of Aave, speaks at Consensus 2019.

Merkado

First Mover: As Wall Street Goes Topsy-Turvy, Crypto Traders Are Bullish as Ever

Crypto traders are enjoying their own version of the market’s madness, from bitcoin’s bull run to the collapse of YAM to Dave Portnoy.

Ni Bradley Keoun, Omkar Godbole, Sebastian Sinclair

Illustration from "The World Turned Upside Down." (Alamy/Photomosh)
of 316

Latest Crypto News

Negatibo
BTC0.00%
+1 Pag-aari
Trump Media pulls back from crypto, scraps Crypto.com's CRO token treasury deal
The Truth Social parent company is refocusing on media and its pending merger with a fusion energy firm, as the digital asset treasury boom has lost its steam.
Positibo
BTC0.00%
Trump-Backed American Bitcoin director Justin Mateen buys nearly $2 million of ABTC stock
Mateen purchased more than 306,000 shares across two days following the company's quarterly earnings, lifting his stake to more than 492,000 shares.
Negatibo
BTC0.00%
U.S. widens Iran crypto crackdown with sanctions on two exchanges
The Treasury's OFAC targeted Shelbit and Aban Tether as Washington continues its effort to cut Tehran's access to crypto and foreign currency.
Negatibo
BTC0.00%
BitMEX sale collapsed as buyers balked at founder ownership and shrinking business
Potential buyers, including Exodus, passed on BitMEX amid concerns over founder ownership and its shrinking business, according to a source familiar.

Mga Newsletter

Newsletter thumbnail
CoinDesk Headlines
The biggest crypto news and ideas of the day.
Preview
Sa pamamagitan ng pag-sign up, makakatanggap ka ng mga email tungkol sa mga produkto ng CoinDesk at sumasang-ayon ka sa aming terms & conditions and patakaran sa privacy.