Too Long; Didn't Read
Decentralized finance(DeFi) is a blanket term, which explains a whole set of functions in the economy built around decentralized protocols. DeFi aims to democratize finance by letting the user directly be in charge of their portfolio with the ability to not only choose between competing products, but to build their own if they so desire. Market trends in DeFi have shown an explosive, emerging growth period since the late 2019, going against the Dexes, or decentralized exchanges, have become the leading edge in introduction of new tokens into the market.