The Essence of DeFi: Why It’s Changing the Financial Landscape
Decentralized Finance (DeFi) is revolutionizing traditional financial models through blockchain technology and smart contracts. Unlike centralized finance (CeFi), which relies on intermediaries, DeFi offers users transparent, low-cost, high-yield financial services. This ecosystem encompasses trading, lending, liquidity mining, staking, and more, attracting new users at an astonishing rate. According to Statista, by 2028, DeFi users are projected to reach 22.09 million, nearly tripling the 7.5 million users at the end of 2021.
Top 10 DeFi Platforms by Revenue and Locked Value
Lido Finance: Leader in the Staking Ecosystem (TVL $30.82 billion)
If you want to participate in Ethereum staking but prefer not to operate a node on your own, Lido Fi