Published Nov 4, 2026, 6:05 AM ET · Updated 9 days ago · 1 source

DeFi Explained

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DeFi Explained

DeFi 201 explains decentralized finance as a connected protocol system. It follows how DEXs and AMMs, liquidity pools, lending markets, yield aggregators, oracles, derivatives and DAO governance fit together, and where composability creates systemic risk.