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Ethereum (ETH) serves as a foundational platform for decentralized finance (DeFi) applications. Its smart contract functionality enables developers to create various financial services, such as lending, borrowing, and trading, without intermediaries. This innovative use of blockchain technology allows users to engage in secure and transparent financial transactions within the DeFi ecosystem.

Ethereum (ETH) serves as a foundational platform for <a data-auto-add="True" href="/feed/faq/categories/Decentralized%20Finance%20Defi" rel="noopener noreferrer" target="">decentralized finance</a> (DeFi) applications. Its smart contract functionality enables developers to create various financial services, such as lending, borrowing, and trading, without intermediaries. This innovative use of blockchain technology allows users to engage in secure and transparent financial transactions within the DeFi ecosystem.

Can Ethereum (ETH) be used for decentralized finance (DeFi)?

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Can Ethereum (ETH) be used for decentralized finance (DeFi)?

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