DeFi

DeFi is the category for decentralized finance, DEXs, lending, liquidity pools, yield, stablecoins and smart contract risk. Start with the pillar DeFi explained: how it works and what risks matter, then read about protocol accountability, tokenized Bitcoin in Ethereum DeFi and stablecoin risk through the MIM depeg.

DeFi lending: how it works and what risks matter

Last updated: July 2026. DeFi lending is an evergreen concept to understand before using crypto seriously. In short,…

Marco Italiani · 1 month ago

Last updated: July 2026. Yield farming is an evergreen concept to understand before using crypto seriously. In short,…

Marco Italiani · 1 month ago

Last updated: July 2026. DEX crypto is an evergreen concept to understand before using crypto seriously. In short,…

Marco Italiani · 1 month ago

Last updated: July 2026. Impermanent loss is the relative loss a liquidity provider can face compared with simply…

Marco Italiani · 1 month ago

Last updated: July 2026. A liquidity pool is a reserve of assets used by a smart contract to…

Marco Italiani · 1 month ago

Last updated: July 2026. DeFi means decentralized finance: protocols, smart contracts and on-chain markets that let users swap…

Marco Italiani · 1 month ago

Updated June 14, 2026. Circle cirBTC is live on Ethereum: Circle’s wrapped Bitcoin product brings a 1:1 reserve…

Marco Italiani · 2 months ago

Updated June 13, 2026. DeFi accountability is the question that appears whenever a protocol freezes, loses funds or…

Marco Italiani · 2 months ago

Uniswap Labs and Securitize announce liquidity provision via UniswapX for BUIDL, BlackRock's tokenized fund: why this is a…

Marco Italiani · 6 months ago

, Notes:, or markdown headings. Do not wrap the result in code fences. Do not add explanations. Il…

Marco Italiani · 6 months ago