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Glossary

DeFi

Decentralised finance: financial services built on smart contracts.

DeFi

Decentralised finance: financial services built on smart contracts.

In practice

Decentralised finance: financial services built on smart contracts. Understanding it helps you read the rest of our coverage with confidence.

Frequently asked

Why does DeFi matter?
Because it changes how you should read the numbers.
Is DeFi the same everywhere?
Definitions vary slightly by region and source.

Related terms

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