DeFi use cases

The crypto projects that collectively make up Decentralized Finance (DeFi) have unlocked financial products and services that were out of reach to all but a small subset of the world’s population. Now they’re available to anyone in the world with access to the internet. DeFi replacements for legacy financial products and services will become so competitive that they will eventually rival the popularity of their legacy counterparts. Let’s take a look at some likely use cases.

Use the multichain Bitcoin.com Wallet app trusted by millions to safely and easily send, receive, buy, sell, trade, and manage Bitcoin and the most popular cryptocurrencies. You can also use the app to safely connect to and use thousands of decentralized applications (DApps) that enable the DeFi use cases described in this article.

Buy as little as $30 worth to get started

Related guides

Start from here →

What is DeFi?

Learn what makes decentralized finance (DeFi) apps work and how they compare to traditional financial products.

Read this article →

What is DeFi?

Learn what makes decentralized finance (DeFi) apps work and how they compare to traditional financial products.

What is a DEX?

A decentralized exchange (DEX) is a type of exchange that specializes in peer-to-peer transactions of cryptocurrencies and digital assets. Unlike centralized exchanges (CEXs), DEXs do not require a trusted third party, or intermediary, to facilitate the exchange of cryptoassets.

Read this article →

What is a DEX?

What are ERC-20 tokens?

Learn the basics of the Ethereum token standard, what ERC-20 tokens are used for, and how they work.

Read this article →

What are ERC-20 tokens?

Learn the basics of the Ethereum token standard, what ERC-20 tokens are used for, and how they work.

What's a smart contract?

Get the basics on the "software" that runs on decentralized networks.

Read this article →

What's a smart contract?

Get the basics on the "software" that runs on decentralized networks.

What are stablecoins?

Learn about the key US-dollar crypto 'stablecoins,' how they remain stable, what they're used for, ways to earn interest on them, and where to get them.

Read this article →

What are stablecoins?

Learn about the key US-dollar crypto 'stablecoins,' how they remain stable, what they're used for, ways to earn interest on them, and where to get them.