DeFi: news and guides

Slippage in crypto is the gap between the price you expect and the price you get, caused by limited liquidity and price movement during your trade.

An AMM is a smart contract that prices and settles token swaps against a pooled reserve using a formula, replacing the traditional order book.

A DEX is a decentralized exchange that lets you swap tokens directly from your own wallet using smart contracts, with no company holding your funds.

DeFi lets you lend, borrow, trade, and earn without banks, using open blockchain apps. Here is how it works and how to start safely.