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defi

 

Definitions from the Web

Term: defi


Definition

1. noun: Decentralized Finance, a blockchain-based financial system that offers various financial services such as lending, borrowing, and trading without the need for intermediaries.

2. noun: Acronym for Digital Finance, a term used to describe various online financial services that leverage advanced technologies and digital platforms.


Sample Sentences

1. The defi market has experienced exponential growth, attracting investors from both the cryptocurrency and traditional finance worlds.

2. Many individuals prefer defi platforms for their transparency and accessibility.

3. Decentralized exchanges are a key component of the defi ecosystem.


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