What Is DeFi, Actually?
DeFi rebuilds financial services as code on public blockchains: exchanges, lending, dollars, yield. The 2026 picture is two stories at once: TVL down 39% in a year of nine-figure hacks, while stablecoins and tokenized treasuries print all-time highs. Both stories are true, and both matter to a trader.
24 Sep 2026 6 min read

