DeFi (Decentralized Finance)
DeFi refers to financial services (lending, borrowing, trading, earning interest) built on blockchain without traditional banks or intermediaries. Code replaces institutions.
Understanding the Concept
DeFi is the wild west of finance. You can earn 20% APY on stablecoins, borrow against your crypto without credit checks, or trade derivatives with 100x leverage—all without permission. No banks, no paperwork, just you and smart contracts. The upside is freedom and opportunity. The downside is risk. Smart contracts get hacked. Projects rug pull. Yields that look too good to be true usually are. But DeFi's growing because it solves real problems: access (anyone with internet can participate), transparency (everything's on-chain), and efficiency (no middlemen taking cuts). If you're in crypto and not exploring DeFi, you're missing half the opportunity.
Real-World Example
You deposit 10,000 USDC into Aave and earn 8% APY. You also borrow 5,000 USDC against your ETH at 3% to buy more ETH. That's DeFi—you're the bank now.
How Strykr Helps
Strykr tracks DeFi developments across the crypto ecosystem. Our AI provides real-time insights and alerts to help you navigate the market with confidence.
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