Decentralized Finance (DeFi) has redefined the financial landscape, offering open, permissionless alternatives to traditional banking, lending, and trading. As 2024 unfolds, DeFi continues its rapid evolution, presenting new opportunities and challenges for investors, developers, and regulators alike. What is DeFi? DeFi refers to a suite of applications built on blockchain networks that enable peer-to-peer financial services—without the need for intermediaries like banks or brokers. Utilizing smart contracts primarily on networks such as Ethereum, DeFi platforms facilitate lending, borrowing, trading, yield farming, and more in a transparent and programmable manner. Major Trends S ...