Defi News

Decentralized Finance (DeFi) is an umbrella term to describe financial instruments and services running on decentralized blockchains like Ethereum and Cardano.

These solutions aim to recreate and replicate traditional financial services in a trustless environment, run by smart contracts and open to the global audience. All activities are done transparently in an auto-auditable system without third parties.

DeFi versus Traditional Finance

Accordingly, with DeFi, users can receive what they would from a financial institution. These services can include payment, lending, superior yields, trading, and much more. However, because of the digital existence of its solutions, users don’t have to fill out paperwork. When they participate, DeFi protocols tend to offer better returns. It is important to note that DeFi expands on Bitcoin’s offerings. Bitcoin is a permissionless public ledger allowing users to transfer value in a peer-to-peer manner cheaply and securely. DeFi relies on smart contracts to roll out superior offerings building on the base properties of decentralization, security, transparency, and openness as espoused by Bitcoin. Subsequently, its decentralized financial services are suitable alternatives to financial institutions less the associated costs and restrictions. DeFi, being a service running on a decentralized, global layer, is open for everyone with a secure internet connection and a supporting non-custodial wallet.

DeFi Benefits

Since DeFi runs on public, global, and transparent blockchains, users benefit from the following:

    • Speed and convenience because all that’s required for operation is a secure, non-custodial wallet like MetaMask and others. Unlike traditional finance, where a user must submit identifying details as a form of registration, DeFi bypasses this system by enabling access only with a wallet while preserving privacy. The underlying blockchain network is also operational daily, meaning DeFi users can access services anytime.
    • DeFi protocols, by default, preserve the privacy of its users. All that’s needed is a compatible wallet, and a user is free to access superior decentralized financial services. This route diverges from the approach taken by traditional counterparts who emphasize retaining a database of its users.
    • DeFi solutions are flexible, giving users the freeway to hop between financial dApps from a single wallet. Leading non-custodial wallets give users the capability, for instance, to supply liquidity in a decentralized exchange at one dApp, and yield farm in another protocol for even more rewards. Intra-connection is one possibility, and cross-chain compatibility is another capability with DeFi. Supportive wallets can port users between networks conveniently and securely. Users only have to switch networks from a wallet to access services.
    • With DeFi, users often receive comparatively higher yields than in traditional setups. By providing liquidity in a lending platform, for instance, a user gets a higher APY than those offered in leading savings accounts. By extending their participation to yield farming, users can even double- or triple-digit yields. These rewards can be stacked, leading to significantly more yields due to DeFi smart contracts’ composability.

As of early Q2 2022, the Total Value locked (TVL) in DeFi exceeded $205 billion. The number could rise in the years ahead as its solutions find mainstream adoption.

Flare Launches 2.2B FLR Incentive Program to Boost FAssets and Institutional DeFi
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Flare has unveiled a 2.2B FLR incentive program, accelerating FAssets adoption and institutional DeFi growth across lending DEXs, and yield platforms.

July 1, 2025
Algorand Integrates with Crypto.com to Boost Staking Rewards and DeFi Utility for Users
Algorand Integrates with Crypto.com to Boost Staking Rewards and DeFi Utility for Users

Algorand integrates with Crypto.com to enable the flexible on-chain staking, enhanced rewards, and advancing DeFi utility and user participation globally.

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Orbler and IIICC Unite to Power a Green and Decentralized Future of AI
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Orbler partners with IIICC AI to drive green, decentralized AI employing Web3, renewable energy, and token economies for sustainable digital innovation.

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SINT Partners with Spheron Network to Power AI Agent Operations with Decentralized GPU Power
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Sei Network Surpasses 1.6M in Daily Transfers Amid NFT and DeFi Boom
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Sei Network surprisingly exceeds 1.6M daily transfers because of NFT, DeFi, and GameFi growth, trading speed, and low fees fuel ecosystem momentum.

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Sonic Integrates with Kaito AI to Launch Social-Driven $S Token Airdrop
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Join Sonic’s first-ever social airdrop on June 27: earn Yap points by sharing quality insights about Sonic, climb the Yapper Leaderboard, and claim $S tokens.

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AI-Powered Terminal edwin Goes Live With a Conversational Owl Intent on Demystifying DeFi
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edwin, an AI DeFi terminal with wallet access, launches to simplify crypto with a chat interface and owl assistant guiding users through onchain tasks.

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ZIGChain Celebrates Genesis Day with $100M Backed Mainnet Beta for Decentralized Finance
ZIGChain Celebrates Genesis Day with $100M Backed Mainnet Beta for Decentralized Finance

Today ZIGChain flips the switch on its mainnet beta—backed by a $100 M ecosystem fund—to deliver a high-performance, regulation-ready Layer 1 for DeFi.

June 25, 2025
DeChat Collaborates with TrustyFi to Bolster Decentralized Web3 Communication
DeChat Collaborates with TrustyFi to Bolster Decentralized Web3 Communication

As per the announcment, DeChat and TrustyFi’s latest partnership is poised to redefine the decentralized interaction within the Web3 landscape.

By Umair
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DIA Unveils No-Cost Oracles and Staking Program Across 15+ Blockchains
DIA Unveils No-Cost Oracles and Staking Program Across 15+ Blockchains

Learn how DIA’s innovative staking and Oracle Grants program secures Lasernet, funds oracle fees, and fuels multichain growth in a seamless virtuous cycle.

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Equilibria Powers Up DeFi with $sYUSD, a New Era of Smart Stablecoin Yield
Equilibria Powers Up DeFi with $sYUSD, a New Era of Smart Stablecoin Yield

Equilibria unveils $sYUSD, a smart stablecoin combining delta-hedged strategies and high yields, offering up to 26% APY in decentralized finance (DeFi).

June 22, 2025
World of Dypians Drives DeFi Activity on Sei Network
World of Dypians Drives DeFi Activity on Sei Network

Sei Network gains traction as a top Layer 1 blockchain after being selected for Wyoming’s stablecoin pilot, boosting SEI token momentum and ecosystem growth.

June 22, 2025