Operating on decentralized finance protocols, a DeFi DApp (Decentralised Application) is an application based on blockchain technology that allows users to take part in various financial services such as trading, borrowing, and lending without any intermediate parties.

Using smart contracts, blockchain developers create DeFi wallets that manage cryptocurrencies, interact with DeFi protocols, and secure users' assets.

Providing users with opportunities to lend assets and borrow assets in exchange for interest, DeFi platforms are imperative for the efficient allocation of capital within decentralised finance.

Decentralised finance (DeFi) implementation can be complex and requires expert guidance, which is where DeFi consultants come in. Their services include assisting businesses in selecting appropriate DeFi protocols and assessing their use cases.

Interacting with DeFi protocols is now more secure and straightforward as DeFi smart contracts automate financial transactions and agreements on the blockchain. Trustless and self-executing processes contribute to this, eliminating intermediaries in the process.

DeFi exchanges are decentralised platforms that help people trade cryptocurrencies, without relying on traditional intermediaries. With automated market-making algorithms and liquidity pools, these exchanges allow their users to trade a wide range of tokens directly from their wallets.