Curious about DeFi but not sure where to start? This guide breaks down the essentials—what DeFi is, how it works, and how you can use it to trade, borrow, stake, and earn in a decentralized ecosystem.

Key Takeaways:

• DeFi brings financial services to the blockchain—no banks or middlemen required.
• It gives you full control over your funds and lets you access financial tools anytime, anywhere.
• With your Ronin Wallet, you can seamlessly swap or stake your crypto in just a few clicks—and soon, you'll be able to borrow, lend, and more!
• Stay sharp—DYOR**.** Smart contract risks, liquidity challenges, and price manipulation exist. Always do your research. Learn more here

<aside> 💡

Don’t have the Ronin Wallet installed yet? Install here.

</aside>

What is DeFi?

DeFi, or Decentralized Finance, brings financial services to the blockchain—no banks, no middlemen needed. Unlike traditional finance, DeFi dApps (decentralized applications) run autonomously, letting you trade, borrow, lend, and stake crypto without intermediaries.

These dApps are powered by smart contracts—self-executing code that automates transactions when conditions are met. DeFi ensures transparency, security, and instant, global access to financial tools.

Why DeFi Changes the Game

Traditional finance is slow, expensive, and exclusive. And if you’re part of the Ronin ecosystem, you already know the power of blockchain. DeFi is simply another layer of that power—giving users financial tools that work without centralized control.

• Borderless Access – No banks, no intermediaries. Just a wallet and an internet connection.
• Transparency & Efficiency – On-chain transactions are open to all, enabling fast, low-cost transfers vs traditional banks.
• Earning Potential – Earn more compared to opening a traditional savings account with staking, yield farming, liquidity provision and more.

<aside> 💪

DeFi comes with risks—stay sharp, stay safe.

Learn how to navigate the space wisely with this guide.

</aside>