DeFi

[dee-fahy]

noun

1. decentralized finance: financial services, functions, or applications that rely on a blockchain and are typically unregulated by any financial institution.

Word History and Origins

Origin of DeFi¹

First recorded in 2015–20

Example Sentences

DeFi protocols figured this out years ago.

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It does offer DeFi developers opportunities to build financial products without a banking license.

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But unless you’re deep into crypto and DeFi, it may be better to stay away, for now.

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According to the indictment, he used a variety of usernames online including Carly, Herbdoc and DeFi Samurai.

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According to a document released by the company, the Trump family entity, DT Marks DEFI, is entitled to get 75 percent of net token revenues, suggesting this investment alone could generate a windfall worth up to $22.5 million for the Trump family.

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