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Decentralized Finance (DeFi) is reshaping the financial world by offering open, permissionless, and transparent alternatives to traditional banking and lending systems. In this section, you will discover what DeFi means, how it works, and why it is considered one of the most groundbreaking developments in blockchain technology.
We explore DeFi platforms, protocols, and tools that enable borrowing, lending, staking, and trading without intermediaries. You will learn about the risks, opportunities, and key innovations powering the DeFi movement. Whether you are a newcomer or experienced investor, this chapter provides essential knowledge to navigate the rapidly evolving world of decentralized finance.

What is DeFi?

What is staking?

What are liquidity pools?

What is a DeFi protocol?

What is a DeFi aggregator?

What is impermanent loss?

What is an algorithmic stablecoin?

Risks of decentralized finance
