No Summary provided as the original text is short
- DeFi (Decentralized Finance): A blockchain-based financial system that removes intermediaries like banks, enabling lending, trading, and other activities through smart contracts.
- Total Value Locked (TVL): A metric representing the total amount of assets deposited in a DeFi protocol, used to gauge its size and user trust.
- Smart Contract: A self-executing code on a blockchain that automatically enforces agreed-upon terms without intermediaries.