Defi
//ˈdiːˌfaɪ//
"Defi" in a Sentence (2 examples)
DeFi services use smart contracts, cryptocurrency, and blockchain to replace some of the services that banking has traditionally provided.
DeFi eliminates human intermediaries like brokers, bank clerks and traders, and instead uses algorithms to execute financial transactions, such as lending and borrowing.
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Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.