DeFi, or Decentralized Finance, is a new financial system built on blockchain technology, making it distinct from traditional finance. In traditional finance, financial services are provided by centralized intermediaries, such as banks. On the other hand, DeFi relies on decentralized networks and smart contracts, eliminating the need for intermediaries and making financial services more accessible and transparent. DeFi also offers new financial instruments, such as yield farming and decentralized exchanges, which are not available in traditional finance. Additionally, DeFi is more inclusive, as it operates on a global scale and is open to anyone with an internet connection. DeFi has the potential to disrupt the traditional financial industry and create a more equitable financial system.