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Decentralized finance (DeFi) refers to monetary services which might be constructed on decentralized, blockchain-based platforms. These platforms offer monetary providers which can be clear, open, and accessible to anybody with an internet connection.  
  
Some key features of DeFi embody:  
  
Decentralization: DeFi platforms are decentralized, that means they are not controlled by a single entity or organization. This makes them proof against censorship, fraud, and other types of manipulation.  
  
Transparency: DeFi platforms are clear, meaning that every one transactions are recorded on a public ledger. This makes them transparent and simple to audit.  
  
-Accessibility: DeFi platforms are accessible to anyone with an internet connection, regardless of their location or monetary status.  
  
-Smart contracts: DeFi platforms usually use smart contracts to automate monetary transactions. These are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code.  
  
Some examples of DeFi services include cryptocurrency exchanges, lending platforms, stablecoins, and decentralized prediction markets. These services are revolutionizing the traditional financial system by making monetary services more accessible and transparent.  
  
Listed below are the top platforms for Defi:  
  
MakerDAO: A decentralized platform that permits users to borrow and lend cryptocurrency using smart contracts.  
  
Compound: A decentralized platform that allows customers to lend and borrow cryptocurrency, as well as earn interest on their deposits.  
  
Uniswap: A decentralized alternate that enables customers to trade cryptocurrency without the necessity for a centralized exchange.  
  
DyDx: A decentralized platform that permits customers to trade cryptocurrency futures contracts and options.  
  
Bancor: A decentralized platform that permits customers to buy and sell cryptocurrency utilizing smart contracts.  
  
Celsius: A decentralized platform that enables users to earn interest on their cryptocurrency deposits.  
  
0x: A decentralized protocol that enables users to trade cryptocurrency using smart contracts.  
  
NEXO: A decentralized platform that allows users to borrow and lend cryptocurrency, as well as earn curiosity on their deposits.  
  
Augur: A decentralized platform that enables customers to create and trade prediction markets.  
  
dYdX: A decentralized platform that allows customers to trade cryptocurrency margin contracts.  
  
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