Ethereum has emerged as the leading platform for decentralized finance (DeFi) applications, which seek to recreate traditional financial services such as lending, borrowing, and trading in a decentralized manner. DeFi protocols built on Ethereum have seen explosive growth, with billions of dollars in total value locked (TVL) within these protocols.

Ethereum has emerged as the leading platform for decentralized finance (DeFi) applications, which seek to recreate traditional financial services such as lending, borrowing, and trading in a decentralized manner. DeFi protocols built on Ethereum have seen explosive growth, with billions of dollars in total value locked (TVL) within these protocols.