---
title: "Discussion on \"DeFi: Decentralized Finance - Explain Like I'm 5\" | Hashnode"
description: "Discussion on \"DeFi: Decentralized Finance - Explain Like I'm 5\". I will give you a straightforward explanation of decentralized finance."
url: "https://hashnode.com/posts/defi-decentralized-finance-explain-like-im-5/6254342c6386ed96b050aa1a"
---

[Feed](https://hashnode.com/feed) /

Discussion

# [DeFi: Decentralized Finance - Explain Like I'm 5](https://blog.developerdao.com/defi-decentralized-finance-explain-like-im-5?utm_source=hashnode&utm_medium=feed)

I will give you a straightforward explanation of decentralized finance.

Apr 11, 2022 · 4 min read · blog.developerdao.com  
Updated Jun 23, 2023  
Read the article

-   [#web3](https://hashnode.com/tag/web3)
-   [#web-development](https://hashnode.com/tag/web-development)
-   [#blockchain](https://hashnode.com/tag/blockchain)

## Written by

[Idris Olubisi](https://hashnode.com/@olanetsoft)

@olanetsoft · Lagos, Nigeria.

  
[View profile](https://hashnode.com/@olanetsoft)

Developer Relation Engineer | Software Engineer | Technical Writer

Software Engineer | Developer Advocate | Technical Writer | Content Creator

## Responses

Markdown supported · ⌘↵ to post

No responses yet.