What is DeFi?
DeFi stands for Decentralized Finance a movement to recreate traditional financial services like lending, borrowing, trading, and earning interest but without banks or intermediaries. It runs on blockchain technology.

Core Features of DeFi

Permissionless: Anyone with a crypto wallet can access DeFi.

Non-custodial: You control your funds, not a third party.

Transparent: All transactions are on public blockchains.

Global: Accessible from anywhere in the world.

How is DeFi different from Traditional Finance?
In traditional finance (TradFi), banks and institutions control your assets.
In DeFi, smart contracts (self-executing code) replace the middlemen. You interact directly using decentralized apps (dApps).
Your keys = your funds.