Decentralised Finance (DeFi)
● Active
Concept
DeFi
DeFi refers to a suite of financial services — lending, borrowing, trading, yield generation — built on public blockchains, primarily Ethereum. It aims to replicate and disintermediate traditional finance without banks or intermediaries. At its peak in 2021, over $180 billion was locked in DeFi protocols.
Celsius Network
CEL
✕ Dead
Defunct
CeFi
Celsius Network was a centralised crypto lending platform that offered high yields on deposited crypto — attracting over 1.7 million customers and $12 billion in assets. In June 2022, Celsius froze all withdrawals amid a liquidity crisis and filed for bankruptcy.