Composability in DeFi refers to the ability of different protocols and applications to seamlessly connect and interact with each other.
DeFi protocols are built on open-source code and blockchain technology, enabling permissionless innovation and collaboration.
Composability allows developers to combine existing tools and create new products without rebuilding the basics, democratizing financial innovation.
While composability offers significant benefits, there are risks such as smart contract vulnerabilities and complex interdependencies.
The future of composability in DeFi includes cross-chain integration, incorporation of real-world assets, and the potential use of AI-powered strategies.