DeFi and cryptocurrencies are closely connected, with fueling the other's rise. DeFi platforms rely on cryptocurrencies for liquidity and transaction processing, while cryptos gain value and popularity through DeFi applications. This collaboration is resulting in a strong financial environment that challenges the traditional status order.

Real-World Applications:

1. Decentralized Exchanges (DEXs): Platforms like Uniswap and SushiSwap allow users to trade cryptocurrencies directly, without intermediaries.

2. Lending and Borrowing: Services like Aave and Compound enable users to lend their assets for interest or borrow against their crypto holdings.

3. Yield Farming: Innovative strategies let users earn rewards by providing liquidity to DeFi protocols.

4. Stablecoins: Cryptos like USDC and DAI maintain stable value, facilitating everyday transactions and payments.

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