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Welcome to DeFi Wiki

DeFi Wiki is a public resource for the community of blockchain users, developers, and businesses as well as anyone interested in decentralized finance.

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Definition of DeFi

DeFi (short for Decentralized Finance) is a blanket term used to describe the industry of financial services – payments, lending, trading and more – provided through decentralized platforms on public blockchains. As opposed to highly centralized traditional financial institutions, these applications (known as dApps) are not controlled by a single entity, which enables for higher transparency, safety and cost reduction. In February 2019, the DeFi industry exceeded $1 billion in assets locked in DeFi protocols by users.

Decentralized finance applications are typically divided into three categories – stablecoins (e.g., MakerDAO, Synthetix, EOSDT), lending (e.g., Compound Finance, Aave), exchanges (e.g., 0x, AirSwap, Bancor) – the majority of the services being interconnected and interoperable on the protocol level. The core features inherent to DeFi as a financial infrastructure are determined by the underlying blockchain technology.

Comparative analysis of conventional and DeFi systems

Criteria Conventional systems Decentralized Finance
Trust source Financial institutions Public blockchains
Transparency Hidden data and content from clients Open and transparent
Flexibility Limited innovations due to licensing and authorization Public, decentralized
Intermediaries Multiple Zero (p2p)

Total Locked Value

DeFi Analytical sources

Dapp@2x.png DappReview is the world’s

leading data-driven dapps platform

Prime@2x.png DeFiprime.com is the media outlet and

analytical services provider for the DeFi community

Rate@2x.png DeFi Rate focuses on providing strong resources to explain the value of decentralized financial applications in a digestible manner.
Dapp total@2x.png DAppTotal is becoming blockchain’s most powerful tool for DApp analysis and monitoring
Pulse@2x.png DeFi Pulse - analytics + rankings of DeFi protocols
Loan scan@2x.png LoanScan provides financial information and analytics for debt issued on the Ethereum blockchain.
Marketcap@2x.png Defimarketcap - 100 DeFi Tokens by Market Capitalization

Top-10 DeFi projects by total locked value

# Project Name Platform Category Locked Value 24h%

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