The decentralized finance (DeFi) space is red hot. For anyone paying attention in the blockchain ecosystem, the explosion of DeFi was inevitable, it just required maturation of the industry in a number of areas, including regulations, custody, scaling, and so on. Now, we’ve reached a point where blockchain has matured significantly—it’s no longer relegated to the hobby projects of a decade ago. Rather, startups to Fortune 500 firms around the world are adopting blockchain, and DeFi is now a $100 billion sector that has grown 88x in just 1 year. Of course, blockchain is much more than just DeFi. It’s also powering around $2 trillion worth of cryptocurrencies and even virtual worlds like Next Earth. With that said, let’s hone in on DeFi, and look at 5 solutions that’ll blow your mind. 1) Uniswap Uniswap is a decentralized trading protocol that doesn’t require trust. Traditional exchange protocols, even in crypto, often required centralized order matching and settlement. With Uniswap, peers trade tokens directly with each other, and this has taken off virally. Uniswap has processed over $300 billion in volume across roughly 60 million trades, powered by tens of thousands of liquidity providers. Uniswap also comes with over 200 DeFi integrations, which means that virtually any blockchain DApp can integrate Uniswap for trustless trading of tokens.. The protocol uses smart contracts to automatically match orders and set...
