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Decentralized Finance (DeFi) is an emerging sector within the cryptocurrency space that leverages blockchain technology to recreate and improve upon traditional financial systems in a decentralized manner. Unlike conventional finance, which relies on intermediaries such as banks and brokers, DeFi uses smart contracts on blockchain platforms like Ethereum to enable peer-to-peer financial transactions and services. This includes activities such as lending, borrowing, trading, and earning interest on assets, all executed without the need for a central authority. The aim of DeFi is to increase transparency, reduce costs, and enhance financial inclusion by providing open, permissionless access to financial services for anyone with an internet connection.