To put CeFi in a nutshell, it is the finance world that we were used to before DeFi came in. However, centralized finance can also be defined as the financial activity in which individuals can earn interest and obtain loans on their crypto assets through centralized exchanges. An individual’s private keys to their crypto assets would be transferred to their favored third-party company in order to conduct their preferred payments and coin orders. The main goal of CeFi is to optimize the perfor...