Simple Explainer: DeFi

De.Fi
De.Fi
Published in
1 min readSep 18, 2020

DeFi — decentralized finances — is a set of new financial tools based on the decentralized systems and networks. The main goal of this new sphere is to create a new financial system, trustless and independent from centralized government. Such technologies as cryptography and blockchain provide perfect opportunities to bring that vision to life.

Read our full guide for a comprehensive look at: What is DeFi?

If you are looking to explore DeFi, De.Fi offers the industry’s best DeFi portfolio tracker.

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