Decentralized Finance (DeFi)
Lending Protocol
Also: Money Market
A DeFi app where users deposit assets to earn interest and others borrow against collateral, with rates set automatically by supply and demand. Aave and Compound are well-known examples.
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General education, not investment, legal or tax advice. Markets and regulation change quickly: where a definition depends on current law or on a recent event, check the latest coverage before relying on it.