DeFi

E772504

DeFi (Decentralized Finance) is a blockchain-based financial ecosystem that enables peer-to-peer services like lending, trading, and asset management without traditional intermediaries such as banks.

All labels observed (1)

Label Occurrences
DeFi canonical 1

How this entity was disambiguated

Statements (56)

Predicate Object
instanceOf blockchain-based financial system ⓘ
decentralized application domain ⓘ
financial ecosystem ⓘ
aimsTo remove financial intermediaries ⓘ
allows global access to financial services ⓘ
non-custodial asset custody ⓘ
programmable financial products ⓘ
avoids brokerage firms ⓘ
centralized exchanges ⓘ
traditional banks ⓘ
basedOn blockchain technology ⓘ
commonlyRunsOn Avalanche ⓘ
BNB Chain ⓘ
linked to: Binance Smart Chain

Ethereum ⓘ
linked to: Ethereum blockchain

Polygon ⓘ
Solana ⓘ
contrastsWith traditional finance ⓘ
corePrinciple composability ⓘ
decentralization ⓘ
non-custodial control ⓘ
permissionless access ⓘ
transparency ⓘ
emergedAround 2018 ⓘ
enables peer-to-peer asset management ⓘ
peer-to-peer lending ⓘ
peer-to-peer trading ⓘ
governedBy decentralized autonomous organizations ⓘ
on-chain governance ⓘ
grewRapidlyIn 2020 ⓘ
includes borrowing protocols ⓘ
decentralized asset management ⓘ
decentralized exchanges ⓘ
derivatives protocols ⓘ
insurance protocols ⓘ
lending protocols ⓘ
liquidity pools ⓘ
stablecoin protocols ⓘ
synthetic asset platforms ⓘ
yield farming platforms ⓘ
metric total value locked ⓘ
risksInclude governance attacks ⓘ
liquidity risk ⓘ
market volatility ⓘ
regulatory uncertainty ⓘ
smart contract vulnerabilities ⓘ
typicallyRunsOn public blockchains ⓘ
uses cryptocurrencies ⓘ
governance tokens ⓘ
liquidity provider tokens ⓘ
smart contracts ⓘ
stablecoins ⓘ
usesMechanism automated market makers ⓘ
liquidity mining ⓘ
overcollateralized loans ⓘ
staking ⓘ
yield farming ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

REN → ecosystem → DeFi ⓘ
subject linked to: REN token