DeFi platforms offer decentralized financial services using blockchain technology, eliminating intermediaries like banks and brokers. These platforms provide users access to a range of financial products, including lending, borrowing, trading, and staking, without relying on centralized institutions. DeFi platforms operate through smart contracts, ensuring transparency and security in transactions. Popular DeFi protocols like Uniswap, Compound, and Aave are transforming the way people manage assets, making finance more accessible and democratized. With the growing popularity of DeFi, users can benefit from lower fees, high yield farming, and financial inclusivity.