DeFi (Decentralized Finance)
A new way to do banking without banks. You can borrow, lend, trade, and invest using apps on the internet that nobody owns or controls.
Example
Borrowing money using Aave without needing credit checks or bank approval - you just put up some crypto as a guarantee.
Core Concepts
πKey Numbers
$80B+
Total Value Locked
across all DeFi protocols
1M+
Daily Users
unique wallets interacting
4,000+
Protocols
DeFi apps on Ethereum alone
100%
24/7 Uptime
no banking hours