This page may contain stale information. Last updated: 2026-06-27
Definition
Decentralized Finance (DeFi) refers to blockchain-based financial services — trading, lending, and settlement — executed via smart contracts without traditional intermediaries.
Key Points
- 2026-06-26: aave expands beyond crypto-native collateral into securities-lending and securities-backed loans via V4 hub-and-spoke architecture (2026-06-27-aave-kulechov-securities-lending-x)
- Top protocols competing with TradFi lending infrastructure for tokenized RWAs
- Convergence trend: tradfi-defi-convergence