"DeFi" meaning in English

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  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
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          "word": "decentralized finance"
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          "name": "English entries with incorrect language header",
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          "kind": "other",
          "langcode": "en",
          "name": "Cryptocurrency",
          "orig": "en:Cryptocurrency",
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          "source": "w"
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          "name": "Finance",
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          "ref": "2020, Lorne Lantz, Daniel Cawrey, Mastering Blockchain, O'Reilly Media, →ISBN, page 158:",
          "text": "DeFi services use smart contracts, cryptocurrency, and blockchain to replace some of the services that banking has traditionally provided.",
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          "ref": "2021 September 5, Eric Lipton, Ephrat Livni, “Crypto’s Rapid Move Into Banking Elicits Alarm in Washington”, in The New York Times, →ISSN:",
          "text": "DeFi eliminates human intermediaries like brokers, bank clerks and traders, and instead uses algorithms to execute financial transactions, such as lending and borrowing.",
          "type": "quotation"
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      ],
      "glosses": [
        "Initialism of decentralized finance."
      ],
      "id": "en-DeFi-en-noun-OukiwRnr",
      "links": [
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          "finance",
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          "cryptocurrencies",
          "cryptocurrency"
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          "decentralized finance",
          "decentralized finance#English"
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      "raw_glosses": [
        "(finance, cryptocurrencies) Initialism of decentralized finance."
      ],
      "related": [
        {
          "word": "TradFi"
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        "business",
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  "sounds": [
    {
      "ipa": "/ˈdiːˌfaɪ/"
    }
  ],
  "word": "DeFi"
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  "lang_code": "en",
  "pos": "noun",
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      "word": "TradFi"
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        {
          "word": "decentralized finance"
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        "en:Cryptocurrency",
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          "ref": "2020, Lorne Lantz, Daniel Cawrey, Mastering Blockchain, O'Reilly Media, →ISBN, page 158:",
          "text": "DeFi services use smart contracts, cryptocurrency, and blockchain to replace some of the services that banking has traditionally provided.",
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          "ref": "2021 September 5, Eric Lipton, Ephrat Livni, “Crypto’s Rapid Move Into Banking Elicits Alarm in Washington”, in The New York Times, →ISSN:",
          "text": "DeFi eliminates human intermediaries like brokers, bank clerks and traders, and instead uses algorithms to execute financial transactions, such as lending and borrowing.",
          "type": "quotation"
        }
      ],
      "glosses": [
        "Initialism of decentralized finance."
      ],
      "links": [
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          "cryptocurrency"
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          "decentralized finance",
          "decentralized finance#English"
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        "(finance, cryptocurrencies) Initialism of decentralized finance."
      ],
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  "sounds": [
    {
      "ipa": "/ˈdiːˌfaɪ/"
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  "word": "DeFi"
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