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DeFiWeb3

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…

The Block Research

Publisher The Block

Nov 4, 2026 at 11:05 AM UTC · 1 분 소요

DeFi Explained
Image via The Block

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.

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Originally reported by The Block

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