In contrast to the current financial system, which is centralized, closed off, and built on outdated infrastructure and processes, DeFi stands as a decentralized, worldwide, and web-based platform designed for today’s world. This empowers you to manage your finances and make well-informed choices. It exposes you to international commerce and provides access to financial systems beyond your own nation’s currency and banking framework. DeFi products are predominantly user-owned and operated, broadening access to financial services for anyone with an internet connection. So far, DeFi applications have facilitated the transfer of tens of billions of dollars worth of cryptocurrency, and this figure continues to grow steadily.