defi
DeFi (Decentralized Finance)
Decentralized financial services on the blockchain — swapping, lending, borrowing without banks or intermediaries.
DeFi — Decentralized Finance
DeFi stands for decentralized financial services based on smart contracts that operate without traditional financial intermediaries.
What Can You Do With DeFi?
- Swap: Trade tokens directly through decentralized exchanges (DEXes)
- Lend: Lend crypto assets and earn interest
- Borrow: Deposit crypto as collateral and borrow other assets
- Provide Liquidity: Supply liquidity for trading pairs and earn fees
DeFi on Solana
Solana offers ideal conditions for DeFi thanks to:
- Extremely low transaction costs
- Fast confirmation times
- A growing ecosystem (Jupiter, Raydium, Kamino, etc.)
Related Terms
DEX Lending Liquidity Pool Smart Contract