// definition
DeFi
Decentralised finance
freshreviewed 0 days ago
Short definition
Exchange, lending or financing services executed through blockchain contracts. Commercial interfaces, administrative rights and governance can influence access and parameters. Whether an operator holds the user’s keys does not describe the entire organisation of a service.
risk atlas
Knowledge map
Intuition
Trace the interface, assets and contract powers separately.
Why it matters now
Examining DeFi interfaces requires separating fees, liquidity and control over rules.