DeFi Tokens

DeFi — decentralised finance — is financial services such as lending, trading and earning yield, built on public blockchains without a bank or broker in the middle. This is where BitAdvent covers the tokens and protocols behind it, clearly and honestly.Instead of an institution, DeFi relies on smart contracts anyone can use, which brings openness and transparency but also smart-contract risk, volatility and little consumer protection. We explain how the major protocols work, where value does and does not accrue to their tokens, and what to watch — without pretending the risks away. Explore the wider market in our coin directory and the latest across altcoin news. DeFi is high-risk and experimental, and nothing here is financial advice.