What does defi mean in the currency circle?
DeFi (decentralized finance) refers to a financial platform built on the blockchain, which has the characteristics of decentralization, transparency, openness and smart contracts. DeFi has emerged due to dissatisfaction with traditional finance, the rise of blockchain technology, innovative financial instruments, and high-yield potential. Application areas include lending, trading, stablecoins, and derivatives.
The meaning of DeFi in the currency circle
DeFi (decentralized finance) refers to financial services and platforms built on blockchain technology, bypassing traditional financial intermediaries and providing services similar to traditional finance Serve.
Outstanding features of DeFi:
- Decentralization: There is no central control agency and it is managed and operated by a distributed node network.
- Transparency: All transactions and data are recorded on the immutable blockchain, ensuring transparency and auditability.
- Openness: Anyone can access and use DeFi services without geographical or regulatory restrictions.
- Smart contracts: Automate financial transactions and processes to ensure the accuracy and credibility of operations.
Reasons for the popularity of DeFi:
- Dissatisfaction with traditional finance: Traditional financial institutions usually have high handling fees, high entry barriers and low efficiency.
- The rise of blockchain technology: The security and transparency provided by blockchain have laid the foundation for the development of DeFi.
- Innovative Financial Tools: DeFi introduces new financial tools and services such as lending, liquidity mining, and derivatives trading.
- High Yield Potential: DeFi platforms often provide users with higher yields than traditional investments.
DeFi Applications:
- Lending: Allows users to lend or borrow cryptocurrencies without the intervention of a bank or credit institution.
- Trading: Provides a decentralized cryptocurrency exchange where users can buy and sell assets without a middleman.
- Stablecoins: Cryptocurrencies pegged to fiat currencies, providing stability to the DeFi ecosystem.
- Derivatives: Allow users to speculate and hedge risks on cryptocurrency assets.
The above is the detailed content of What does defi mean in the currency circle?. For more information, please follow other related articles on the PHP Chinese website!

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

Notepad++7.3.1
Easy-to-use and free code editor

SublimeText3 Chinese version
Chinese version, very easy to use

Zend Studio 13.0.1
Powerful PHP integrated development environment

Dreamweaver CS6
Visual web development tools

SublimeText3 Mac version
God-level code editing software (SublimeText3)

Hot Topics











The top ten cryptocurrency exchange apps are: 1. Binance, 2. OKX, 3. Huobi, 4. Coinbase, 5. Kraken, 6. Bybit, 7. KuCoin, 8. Gemini, 9. Bitstamp, 10. Crypto.com. Each platform has its own unique advantages and features, and users can conduct cryptocurrency transactions by downloading apps, registering and completing verification, depositing, selecting transaction pairs and confirming transactions.

Exchanges such as Binance, Coinbase, KuCoin, OKEx and Uniswap support a variety of meme currency transactions, such as DOGE, SHIB, FLOKI and BABYDOGE. Users can choose the appropriate platform according to their needs.

Ranking of the top ten digital currency quantitative trading apps: 1. Binance, 2. OKX, 3. Huobi, 4. Coinbase, 5. Kraken, 6. Bitfinex, 7. Bittrex, 8. Poloniex, 9. Gemini, 10. KuCoin, these platforms provide high security and good user experience, and the steps to use include downloading and installing, registering an account, enabling two-step verification, and depositing and trading.

In the field of cryptocurrency trading, the security of exchanges has always been the focus of users. In 2025, after years of development and evolution, some exchanges stand out with their outstanding security measures and user experience. This article will introduce the five most secure exchanges in 2025 and provide practical guides on how to avoid Black U (hacker attacks users) to ensure your funds are 100% secure.

In the cryptocurrency market, choosing a reliable trading platform is crucial. As a world-renowned digital asset exchange, the OK trading platform has attracted a large number of novice users in mainland China. This guide will introduce in detail how to register and use it on the OK trading platform to help novice users get started quickly.

In the cryptocurrency market, futures trading platforms play an important role, especially in perpetual contracts and options trading. Here are the top ten highly respected futures trading platforms in the market, and provide detailed introduction to their characteristics and advantages in perpetual contract and option trading.

Contract leveraged trading is a common trading method in the currency circle, which allows traders to trade larger amounts with less funds. By using leverage, traders can amplify their profit potential, but also increase risks. Leverage is usually expressed in multiples, for example, 10 times leverage means that you can trade 10 Bitcoin contracts with margin of 1 Bitcoin.

The top ten cryptocurrency exchange apps are: 1. Binance, 2. OKX, 3. Huobi, 4. Coinbase, 5. Kraken, 6. Bybit, 7. KuCoin, 8. Gemini, 9. Bitstamp, 10. Crypto.com. Each platform has its own unique advantages and features, and users can conduct cryptocurrency transactions by downloading apps, registering and completing verification, depositing, selecting transaction pairs and confirming transactions.