WTF is DeFi?

Lots of hype, very few users. DeFi is blockchain’s latest obsession.

Niharika Singh
TryCrypto (now Decentology)
4 min readDec 5, 2019

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If you have been living under a rock, you would not have heard of DeFi. Open and Decentralized Finance (DeFi) is the new hoot in the blockchain world.

The goal of DeFi is to rebuild the entire financial system from the ground up in an open and permissionless way.

DeFi seeks to change the future of finance.

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