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CeDeFi (decentralized finance) is a combination of centralized and decentralized financial systems. CeFi offers the same features as DeFi protocols while being centralized. It is a hybrid of both the central and decentralized models of both DeFi and CeFi. CeDeFI is gaining traction with some big, recognizable names already including Binance and NEXO. It offers a variety of benefits to those building on the BNB Chain, such as improved security, transaction speeds, and volumes.