0 minsPublished on 12/12/2023
We explore the DeFi ecosystem and share some of the most interesting projects across major DeFi categories.
By Mrig P
Decentralized finance or DeFi refers to financial services operating on a peer-to-peer blockchain network, with little to no reliance on any central entity.
Unlike traditional financial services that are accessible to customers based on specific criteria, DeFi applications (dApps) are open to anyone with an internet connection.
As a result of its use cases and benefits, the DeFi ecosystem has grown rapidly and it has become hard to keep track of all the projects that are emerging.
This article lists some useful DeFi solutions to help you easily navigate the ecosystem.
Photo credit: Hubert Lamela
Infrastructure projects encompass all the frameworks, protocols, and underlying technologies that go into making and launching decentralized applications (dApps). Infrastructure projects can be divided into multiple subcategories: