DeFi Basics, Core Concepts & Practical Risks
Learn lending/borrowing markets, AMMs & DEXs, yield farming & LPs, and how stablecoins keep (or lose) their peg.
1) Lending & Borrowing (Aave, Compound)
Supply assets to earn APY, borrow against collateral, and manage your health factor to avoid liquidations.
2) AMMs & DEXs (Uniswap, Curve)
How constant-product markets price swaps, why concentrated liquidity boosts efficiency, and how stable-swap curves cut slippage.
3) Yield Farming & Liquidity Pools
Understand fee APR, token incentives, impermanent loss, and operational costs so your net returns are real.
4) Stablecoins (USDC, DAI, Algorithmic Risks)
Compare fiat-backed vs. crypto-collateralized vs. algorithmic designs, and what causes depegs.
Further Learning
✅ When you’re ready, take the quiz below.
DeFi Basics Quick Check
Answer 5 random questions each round. No repeats this session.