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Written by APEXE3HQ
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Defi (Decentralized Finance) - is an umbrella term for financial services on public blockchains, primarily Ethereum. With DeFi, you can do most of the things that banks support — earn interest, borrow, lend, buy insurance, trade derivatives, trade assets, and more. As with crypto generally, DeFi is global, peer-to-peer, meaning directly between two people, not routed through a centralised system, pseudonymous, and open to all.

Dex (Decentralized Exchange) - is a peer-to-peer marketplace where transactions occur directly between crypto traders. DEXs fulfil one of crypto’s core possibilities: fostering financial transactions that aren’t officiated by banks, brokers, or any other intermediary. Many popular DEXs, like Uniswap and Sushiwap, run on the Ethereum blockchain.

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