DeFi Is Changing: And It’s for the Better

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As the term suggests, decentralized finance is the rapidly growing field of decentralized financial tools and platforms — many of which provide access to crucial services that are scarcely available in many regions. As a rapidly growing industry, the DeFi landscape is iterating at a pace that few can keep up with — with increasingly novel applications and products seemingly emerging on a daily basis. But amidst the mania, several trends are beginning to emerge in the DeFi space, which looks likely to set the tone of what lies ahead. Real-World Value Until only recently, decentralized finance was the domain of cryptocurrencies and tokens (both fungible and non-fungible). Beyond simple links to the world of traditional finance (TradFi) through oracle services and fiat to cryptocurrency gateways, there was little connection between DeFi and TradFi. But that’s beginning to change as a number of promising upstarts look to bridge the two…

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