Decentralized finance (DeFi) is a rapidly growing blockchain sector that provides peer-to-peer (P2P) financial services and technologies built on Ethereum, Cardano, Polkadot, and Solana protocols. Loans, investments, trades, and swaps in DeFi are typically transparent, permissionless, trustless, and interoperable. For DeFi platform users, there is a growing DeFi trend that encourages decentralized governance methods and equitable stakeholder ownership. DeFi platform composability has resulted in value unlocking via interoperability with innovations such as decentralized exchanges (DEXs), yield farming, liquidity tokens, and more.
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