Browsing: DeFi

DeFi explained simply: decentralized finance is a blockchain-based financial system where lending, trading, payments, asset management, and insurance run through smart contracts instead of banks, brokers, or payment processors. Most activity still centers on Ethereum and EVM-compatible networks, but the DeFi stack now spans Layer 2 rollups, bridges, stablecoins, tokenized real-world assets, and AI-assisted automation.

Cardano’s biggest problem right now is not ADA’s price, which is rising, but the DeFi economy beneath it, which is falling apart. App-level fees, the revenue that DeFi protocols actually earn, dropped 67.1% over the past 30 days, even as the Cardano price gained about 3.6%.