Lead · Beginners Guide
DeFi isn't moving banks onto the blockchain — it's replacing 'trust in an intermediary' with 'trust in publicly transparent code.' That shift is the starting point for understanding the entire DeFi world.
Daniel Wu
·
July 23, 2026
If you had to answer 'what is DeFi' in one sentence, the closest description would be: DeFi (decentralized finance) is an entire system for lending, trading, saving, and other financial activities that requires no bank, broker, or any intermediary — every rule is written into publicly transparent smart contracts that anyone can inspect, and anyone can use without needing anyone's...