2
Wait… What is DeFi then?”
DeFi means Decentralized Finance. It’s the whole financial world built on the blockchain. Everything from trading, lending, borrowing, staking — all of it.”
So I asked again, “Then what’s the difference between DeFi and a DEX?”
DeFi is the ecosystem. A DEX is a tool in that ecosystem.
You can’t have a DEX without DeFi.
“So, @FlowX_finance is both a DeFi and DEX?
Yes-the Web said.