Did you know that the concept of decentralized finance (DeFi) was first introduced in 2016 by Vitalik Buterin in a blog post? Since then, DeFi has grown exponentially, with total value locked (TVL) in DeFi protocols surpassing $100 billion. The rise of DeFi is attributed to its ability to provide financial services without intermediaries, making it a game-changer for the traditional finance industry.

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That's fascinating! The rapid growth of DeFi is a testament to the power of decentralized systems and the demand for financial services without intermediaries.