Skip to main content

Permissionless Funds

Definition

Permissionless funds are digital asset investment vehicles that anyone can access without special authorization. These refer to investment funds or protocols within the decentralized finance (DeFi) space that operate without requiring explicit approval or vetting for participation. Users can deposit, withdraw, or interact with these funds directly through smart contracts, embodying the open and accessible nature of decentralized financial systems. This structure removes intermediaries and lowers barriers to entry for investors.