Decentralized finance (DeFi) has transformed how traders interact with digital assets. From lending protocols to automated market makers, DeFi offers new opportunities — and new risks — for Folm Market users exploring beyond spot trading.
What Is DeFi?
DeFi refers to financial services built on blockchain networks without traditional intermediaries. Smart contracts automate lending, borrowing, trading, and yield generation — all accessible with a crypto wallet.
DeFi vs. Centralized Exchanges
- CEX (Folm Market) — regulated, user-friendly, customer support, fiat on-ramps
- DeFi — self-custody, permissionless, higher technical barrier, smart contract risk
Many traders use both: Folm Market for secure spot trading and fiat access, and DeFi protocols for advanced yield strategies. Understanding the trade-offs helps you build a balanced portfolio.