Decentralised Finance (DeFi)

Decentralised finance (DeFi) is a collective term for a variety of financial products and services based on public decentralised blockchain networks, and thus creating a parallel system to the traditional “centralised finance” (CeFi), supervised by central banks and managed mainly by middlemen like banks or brokerages. Read more about both systems’ features, pros, and cons in the P2P investment context in our CeFi vs DeFi comparison.