DeFi, a decade-old decentralized finance system, has the potential to disrupt the centuries-old legacy banking system.
DeFi offers benefits such as better exchanges with thousands of crypto options, earning interest on crypto gains through lending platforms like Aave and Compound, and decentralized stablecoins offering high yields.
The total value locked in DeFi is approximately $116.5 billion, showcasing its growing popularity and potential for investment growth.
DeFi's focus on removing control through CBDCs and offering investment opportunities in emerging tech startups highlight its potential as a lucrative investment option with some barriers for entry among new crypto investors.