"Back to Dictionary

WHAT IS A DEFI

DeFi is the abbreviation for "Decentralized Finance".

Basically a defi platform is a platform that allows users to do cryptocurrency exchanges, yield farming, etc. without the need for a centralized authority. That is, unlike centralized exchanges(CEX) such as Binance or Coinbase.

Some of the most outstanding DeFi platforms from Solana are Orca, Raydium o Marinade Finance.

Surpass your competitors?

Join our Newsletter and receive weekly Blockchain news specialized in web3 creators.

PODIUM PNG - Smithii
SMITHII LOGO

All-in-one Solution for Solana Projects

Features

Analytics

Management

Smithii Tools

Apps

Resources

Tutorials

Affiliates

NFT Course

Blog

Dictionary

Sitemap

Subscribe

Receive weekly news
for Solana Creators

© 2024 Smithii | All rights reserved