DeFi

DeFi, short for decentralized finance, represents a shift in the financial sector by leveraging blockchain technology, primarily Ethereum, to eliminate traditional financial intermediaries. It enables various financial applications, from simple transactions to complex contracts, through smart contracts that execute automatically under specific conditions. Key DeFi applications include decentralized exchanges (DEXs), stablecoins, lending platforms, and prediction markets. DeFi offers financial services like loans and interest-earning opportunities without traditional identity verification, relying instead on collateral, usually in cryptocurrency. This innovative sector promises increased accessibility and efficiency but comes with risks, such as market volatility and unregulated projects.


Finance

Solana-Based Oxygen Taps Jump Trading in Bid to Be DeFi’s Top ‘Prime Brokerage’

Oxygen will enter its beta stage in the next two to three months, co-founder Alex Grebnev said.

skateboard ramp jump 2

Tech

DeFi's Curve Eyes More Tokens With White Paper for Version 2

The stablecoin DEX looks to challenge Uniswap with a new model for adding volatile tokens.

Curve, DeFi, AMM

Markets

Market Wrap: Bitcoin Pops to $36.8K, Other Cryptos Higher Despite Worrying China Signals

Pessimistic news isn’t stopping the crypto spot markets from looking bullish Wednesday.

CoinDesk XBX Index

Videos

Solana Labs Raises $314M in Token Sale Led by A16z, Polychain

Solana Labs has raised $314 million from top crypto venture firms, including Andreessen Horowitz and Polychain Capital. One of the most significant token sales in recent memory, it supercharges plans to build an expansive decentralized finance (DeFi) ecosystem on the Solana blockchain. Is Solana becoming a leading contender as the “ethereum killer?”

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Finance

Solana Labs Raises $314M in Token Sale Led by A16z, Polychain

It's one of the largest token sales in recent memory.

Solana COO Raj Gokal, left, and CEO Anatoly Yakovenko

Markets

DeFi Derivatives May Be Illegal: CFTC Commissioner

Federal law "does not contain any exception" for decentralized finance markets, Dan Berkovitz said.

CFTC Commissioner Dan Berkovitz

Videos

Amazon Looks to Hire Blockchain Staffers With DeFi Experience

Amazon is searching for staff with experience in decentralized finance (DeFi), as outlined by a new job posting for Blockchain Head of Product. Is Amazon beginning to consider itself as a mainstream gateway to DeFi protocols? “The Hash” team weighs in on what’s in the cards for the tech giant.

Recent Videos

Videos

World Economic Forum Hopes to Explain DeFi for Regulators With White Paper

The World Economic Forum has released a white paper meant to act as a toolkit for regulators looking to understand the decentralized finance (DeFi) sector. “The Hash” team explores the evolution of DeFi and the need for regulatory applications.

Recent Videos

Finance

Amazon Looks to Hire Blockchain Staffers With Experience of DeFi

“Experience in Decentralized Finance a plus,” the ad says.

Amazon app

Markets

World Economic Forum Hopes to Explain DeFi for Regulators With White Paper

The World Economic Forum’s new white paper is meant to act as a toolkit for regulators looking to understand the decentralized finance sector.

The World Economic Forum published a DeFi toolkit.