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DeFi

American  
[dee-fahy] / ˈdiˌfaɪ /

noun

  1. 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

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

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.