DeFi

American

[dee-fahy] / ˈdiˌfaɪ /

noun

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

Etymology

Origin of DeFi

First recorded in 2015–20

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Coinbase CEO Brian Armstrong cited issues with the Digital Asset Market Clarity Act, including a ban on tokenized equities and DeFi prohibitions.

From Barron's

The entity was billed as a decentralized finance, or DeFi, project that would help match crypto investors eager to borrow and lend from, and trade with, one another.

From The Wall Street Journal

World Liberty’s site says it is 38% owned by an entity called DT Marks Defi LLC...

From The Wall Street Journal

Jennifer Rosenthal, chief communications officer at the the DeFi Education Fund, a crypto advocacy group, argues that investments such as Harvard’s mean that crypto currencies have become mainstream investments.

From MarketWatch

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023