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

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

Blockchain introduces decentralized trust in peer-to-peer networks, advancing security and
democratizing systems. Yet, a unified definition for decentralization remains elusive. Our …

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 a new paradigm in the creation, distribution, and utilization
of financial services via the integration of blockchain technology. Our research conducts a …

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 …

While decentralized finance (DeFi) has the potential to emulate and, indeed, outperform
existing financial systems, it remains a complex phenomenon yet to be extensively …

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 …

Recently emerging Decentralized Finance (DeFi) takes the promise of cryptocurrencies a
step further, leveraging their decentralized networks to transform traditional financial …