Decentralized Finance (DeFi) has emerged as a groundbreaking paradigm that leverages blockchain technology to challenge traditional financial systems. By eliminating intermediaries, DeFi promises direct and permissionless access to financial services for anyone with an internet connection. Its cornerstone lies in cryptocurrencies, which underpin various DeFi platforms and enable individuals to lend, borrow, and earn interest without relying on banks. Additionally, DeFi encompasses a range of applications such as decentralized exchanges, lending protocols, and stablecoins. With its ability to provide transparency, efficiency, and inclusivity, DeFi is rapidly gaining traction and has the potential to revolutionize the financial industry as we know it.#25#