Decentralized Finance (DeFi) is the movement that leverages decentralized networks to transform old financial products into trustless and transparent protocols that run without intermediaries.
Decentralized finance—often called DeFi or open finance—refers to the economic paradigm shift enabled by decentralized technologies, particularly blockchain networks. From peer-to-peer payment systems to automated loans to USD-pegged stablecoins, DeFi has emerged as one of the most active sectors in the blockchain space, with a range of use cases for developers, individuals, and institutions.
What Are the Benefits of Decentralized Finance?
Decentralized finance leverages three key principles of the Ethereum blockchain to unlock liquidity and growth opportunities, increase financial security and transparency, and support an integrated and standardized economic system.
What Are the Use Cases for Decentralized Finance?
Know Your Transaction (KYT) and Compliance. Similar to the process of verifying the identities of customers and counterparties (KYC), blockchain-based DeFi solutions now enable businesses to easily monitor, analyze, and verify transaction details to prevent fraud and meet regulatory requirements.
DeFi Data and Analytics. Track the value locked in DeFi protocols, borrow and supply APRs, exchange volumes, and more with our comprehensive and customizable data platform.
Token Utilization. Programmable “proof of use” standards for token networks align incentivizes during network launches and minimize passive speculation, ensuring that tokens end up in the hands of actual users.
Eth2 Staking. Our staking-as-a-service platform helps qualified validators earn rewards and avoid penalties for attesting blocks on the Eth2 Beacon Chain.