DeFi

DeFi, short for decentralized finance, represents a shift in the financial sector by leveraging blockchain technology, primarily Ethereum, to eliminate traditional financial intermediaries. It enables various financial applications, from simple transactions to complex contracts, through smart contracts that execute automatically under specific conditions. Key DeFi applications include decentralized exchanges (DEXs), stablecoins, lending platforms, and prediction markets. DeFi offers financial services like loans and interest-earning opportunities without traditional identity verification, relying instead on collateral, usually in cryptocurrency. This innovative sector promises increased accessibility and efficiency but comes with risks, such as market volatility and unregulated projects.


CoinDesk Indices

How Alpha-Generating Digital Asset Strategies Will Reshape Alternative Investing

Now that returns that simply mirror the broader crypto market are easily attainable, investors are looking for more ways to potentially exceed the market, says Lionsoul Global’s Gregory Mall.

Business man Running in City

Finance

DeFi Development Plans to Raise $1 Billion to Buy More Solana

DeFi Development Corp. plans to use proceeds to bolster its Solana-focused treasury strategy and fund corporate initiatives.

Solana portfolio shown on a laptop (Amjith S/Unsplash)

Tech

Bitcoin Rollup Citrea Deploys Bridge to Tackle Collateral Bottleneck of Using BTC in DeFi

Citrea deployed its Clementine Bridge on the Bitcoin testnet, using programming language BitVM2

A photo of Citrea's four co-creators (Citrea)

CoinDesk Indices

Death by a Thousand Pools: How Liquidity Fragmentation Threatens DeFi

Securing sustainable liquidity will be essential for DeFi's future, says Jason Hall of Turtle Club.

Road puddle

Markets

Ripple’s RLUSD Stablecoin Goes Live on Aave V3 Ethereum Market

Aave users can supply and borrow the stablecoin on the lending platform's V3 Ethereum Core market.

Rolls of dollar bills of varying denominations.

Finance

Resolv Labs Raises $10M as Crypto Investor Appetite for Yield-Bearing Stablecoins Soars

Stablecoins are "perfect rails for yield distribution," the protocol's CEO and founder Ivan Kozlov said in an interview.

Resolv Labs co-founder and CEO Ivan Kozlov (Resolv Labs)

Finance

Ethena Agrees With Regulator to Withdraw From German Market

All existing users will be onboarded to Ethena's entity in the British Virgin Islands.

(Bartolomiej Pietrzyk/Shutterstock)

Finance

Crypto Valley Exchange Bets 'Smart Clearing' Is DeFi Derivatives' Missing Link

The Arbitrum-based derivatives platform has a new protocol to make its financial pipes more efficient.

Valley

Policy

President Trump Signs Resolution Erasing IRS Crypto Rule Targeting DeFi

The successful reversal of the Internal Revenue Service rule marks the first time the industry got a significant pro-crypto effort through Congress.

(Jesse Hamilton/CoinDesk)

Finance

Wrapped BTC Holders Can Now Secure 6% APY on Base via Umoja

Umoja achieves the yield through covered calls and arbitrage.

(Naseem Buras/Unsplash)

DeFi | CoinDesk