Decentralized Finance (DeFi) is composed of a variety of heterogeneous sectors that are interconnected through an input-output network of its tokens. We use a panel data set to empricially document the evolution of the DeFi network across its different sectors. We then employ a standard,...

The explosive growth of decentralized finance (DeFi) has revolutionized the accessibility and functionality of financial services. To gain valuable insights into this evolving ecosystem, analyzing transaction data using network analysis methodology proves to be highly effective. Network analysis...

This book explores how decentralized finance (DeFi) can disrupt traditional centralized finance including the business areas of insurance companies, banks, money markets, and bonds. DeFi is not a company or a single product, rather it is a collection of products or services. As part of the...