Decentralized Finance (DeFi) is a new paradigm in the creation, distribution, and utilization of financial services via the integration of blockchain technology. Our research conducts a comprehensive introduction and meticulous classification of various DeFi applications. Beyond that, we thoroughly analyze these risks from both technical and economic perspectives, spanning multiple layers. We point out research gaps and revenues, covering technical advancements, innovative economics, and sociology and ecology optimization.
@article{arxiv.2308.05282,
title = {Decentralized Finance (DeFi): A Survey},
author = {Erya Jiang and Bo Qin and Qin Wang and Zhipeng Wang and Qianhong Wu and Jian Weng and Xinyu Li and Chenyang Wang and Yuhang Ding and Yanran Zhang},
journal= {arXiv preprint arXiv:2308.05282},
year = {2023}
}