#DeFiGetsGraded DeFi Gets Graded” refers to the process of rating various DeFi protocols based on factors like security, transparency, governance, and user experience. This involves examining smart contract audits, developer activity, liquidity levels, and vulnerability to hacks or fraud.

DeFi, short for decentralized finance, is blockchain-based technology designed to allow users to perform financial transactions – like lending, banking and investing – with cryptocurrencies without needing traditional market participants, like a bank.

Initially viewed as a niche experiment on the periphery of finance, DeFi has gained significant traction. It now facilitates billions of dollars in transactions, offering programmable, transparent, and accessible financial services without traditional intermediaries.