# CeFi and DeFi simply explained

By [0xNancyNFT](https://paragraph.com/@nftnancy) · 2022-06-03

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[https://medium.com/@0xNancyNFT/cefi-and-defi-simply-explained-8ca173e57fa](https://medium.com/@0xNancyNFT/cefi-and-defi-simply-explained-8ca173e57fa)

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*Originally published on [0xNancyNFT](https://paragraph.com/@nftnancy/cefi-and-defi-simply-explained)*