The term decentralized finance (DeFi) refers to an alternative financial infrastructure built on
top of the Ethereum blockchain. DeFi uses smart contracts to create protocols that replicate …

Abstract Decentralized Finance (DeFi) is the (r) evolutionary movement to create a solely
code-based, intermediary-independent financial system—a movement which has grown …

Decentralized finance (DeFi) refers to a set of newly emerging financial products and
services that operate on decentralized platforms using blockchains to record and share data …

The decentralized and trustless nature of cryptocurrencies and blockchain technology leads
to a shift in the digital world. The possibility to execute small programs, called smart …

Decentralized finance (DeFi) is an ecosystem of financial applications that are built on top of
blockchain networks. DeFi aims to create an open-source, permissionless, and transparent …

Decentralized financial applications (DeFi) are a new breed of consumer-facing financial
applications composed as smart contracts, deployed on permissionless blockchain …

The paper provides an overview of cryptocurrencies and decentralized finance (DeFi). The
discussion lays out potential benefits and challenges of the new system and presents a …

To non-experts, the traditional Centralized Finance (CeFi) ecosystem may seem obscure,
because users are typically not aware of the underlying rules or agreements of financial …

Decentralized Finance (DeFi) is a new paradigm in the creation, distribution, and utilization
of financial services via the integration of blockchain technology. Our research conducts a …

Abstract Decentralized Finance (DeFi) is a new financial paradigm that leverages distributed
ledger technologies to offer services such as lending, investing, or exchanging cryptoassets …