The Block·The Block Research·3h ago

DeFi Explained

DeFi 201 explains decentralized finance as a connected protocol system. It follows how DEXs and AMMs, liquidity pools, lending markets, yield aggregators, oracles, derivatives and DAO governance fit together, and where composability creates systemic risk.

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💬 Discussion: DeFi Explained DeFi 201 explains decentralized finance as a connected protocol system. It follows how DEXs and AMMs, liquidity pools, lending markets, yield aggregators, oracles, derivatives and DAO governance fit together, and where composability creates systemic risk.

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