411 REFERENCE · Wiktionary
DeFi
Reference material by Wiktionary contributors. This retains its source identity and is not 411 news reporting.
defi défi
English
Pronunciation
en /ˈdiːˌfaɪ/
Noun
-
en finance cryptocurrencies en decentralized finance.
en Lorne Lantz; Daniel Cawrey Mastering Blockchain 2020 O'Reilly Media 158 https://books.google.com/books?id=Z8QIEAAAQBAJ&lpg=PA163&dq=%22DeFi%22%20blockchain&pg=PA158#v=onepage&q&f=false 978-1-4920-5467-2 DeFi services use smart contracts, cryptocurrency, and blockchain to replace some of the services that banking has traditionally provided.
en Eric Lipton; Ephrat Livni Crypto’s Rapid Move Into Banking Elicits Alarm in Washington The New York Times 2021-09-05 https://www.nytimes.com/2021/09/05/us/politics/cryptocurrency-banking-regulation.html 0362-4331 DeFi eliminates human intermediaries like brokers, bank clerks and traders, and instead uses algorithms to execute financial transactions, such as lending and borrowing. https://web.archive.org/web/20251105105648/https://www.nytimes.com/2021/09/05/us/politics/cryptocurrency-banking-regulation.html 5 November 2025
See also
en TradFi
Anagrams
en defi IDEF
en syllabic abbreviations