@gohshufeng2
Decentralized Finance (DeFi) on Ethereum allows users to lend, borrow, and trade without intermediaries. Protocols like Aave, Uniswap, and Compound offer permissionless financial services. Despite challenges like high gas fees, Layer-2 solutions (Optimism, Arbitrum) improve efficiency. DeFi’s growth highlights Ethereum’s role in creating an open financial system.