DeFi (Decentralized Finance) Decentralized Finance (DeFi) is an example of how blockchain technology is disrupting the traditional financial industry. By leveraging smart contracts and decentralized applications (dApps) on platforms like Ethereum, DeFi enables the creation of trustless financial services such as lending, borrowing, and trading. DeFi has experienced significant growth, with the total value locked (TVL) in DeFi protocols reaching over $100 billion in 2021. World Economic Forum ...