Decentralized Finance (DeFi) Hits $1 Trillion Milestone
Decentralized Finance (DeFi) has reached a historic $1 trillion milestone in total value locked (TVL), marking a transformative moment for the global financial landscape. Built on blockchain technology, primarily Ethereum, DeFi eliminates intermediaries like banks, using smart contracts to facilitate peer-to-peer financial services such as lending, borrowing, trading, and yield farming. This milestone, achieved in…