Skip to main content

Ethereum DeFi

Definition

Ethereum DeFi refers to the collection of decentralized financial applications and protocols operating on the Ethereum blockchain. This ecosystem leverages Ethereum’s smart contract functionality to offer a broad array of financial services, including lending, borrowing, trading, and asset management, without central intermediaries. Participants interact directly with these protocols through code, enabling permissionless access and transparent operations. Ethereum DeFi has become a primary driver of innovation in the digital asset space, demonstrating the potential for open, programmable finance.