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DeFi

Decentralized finance: lending, trading, stablecoins and privacy on-chain.

  1. A trader holds his head in front of a laptop showing a falling candlestick chart (illustrative photo)

    News ·

    Pump.fun adds leveraged perpetual futures via Hyperliquid

  2. Physical bitcoin and ether souvenir coins on a white surface (illustrative photo)

    News ·

    Jupiter's 1,000x YOLO hits $1B volume: how it works

  3. Card payment terminal and QR-code scanner at a shop counter (illustrative photo)

    News ·

    Mastercard and BVNK launch Global Money Platform for fiat and stablecoin accounts

  4. A hand holding a physical bitcoin coin (illustrative photo)

    News ·

    Babylon moves Aave V4 plan for loans against native, unwrapped bitcoin

  5. U.S. Treasury Building in Washington (illustrative photo)

    News ·

    Ondo says tokenized-asset TVL has crossed $4 billion

  6. Coinbase CEO Brian Armstrong in a stage conversation (illustrative photo)

    News ·

    AI agents made 138 million crypto payments via Coinbase’s x402, Chainalysis finds

  7. Traders on the floor of the New York Stock Exchange (historical photo) (illustrative photo)

    News ·

    S&P 500 options dominate trading on Hyperliquid-based Hypercall

  8. Coinbase CEO Brian Armstrong on stage at TechCrunch Disrupt 2018 (illustrative photo)

    News ·

    Base ships Earn & Borrow so apps can plug in yield and loans

  9. A smartphone with apps, illustrating mobile privacy (illustrative photo)

    News ·

    Starknet launches "Shadow Accounts" to separate DeFi activity from your main wallet

  10. U.S. one-dollar banknotes, front and back

    Explainers ·

    What is a stablecoin? How USDT, USDC and other 'digital dollars' work

  11. A physical Ethereum coin on a pile of coins (illustrative photo)

    Explainers ·

    What is DeFi? Decentralized finance explained in plain language

About this section: DeFi

This section covers decentralised finance: lending and borrowing protocols, decentralised exchanges, stablecoins, tokenised real-world assets, yield products and the governance votes that change how they work. News stories are based on protocol announcements, governance forums, audit reports and reputable reporting, with links to the source.

DeFi can be complex and risky, so we explain how a protocol works, where the yield comes from and what can go wrong, including smart-contract bugs, oracle failures and liquidations. When a protocol is exploited we report confirmed facts and official post-mortems rather than speculation. Our guides cover wallets, approvals and safe first steps. Nothing here is financial advice.

How this page works: the newest DeFi story is shown first, followed by every earlier article in this section in date order, with guides and explainers mixed in alongside news. Each article shows its publish date and, when we revise it, the date of the last update. Spotted an error? Our editorial and corrections policy explains how we fix mistakes. Editorial & corrections policy →