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DeFi and Layer-2 Tokens Lift Crypto Market Higher

DeFi and Layer-2 Tokens Lift Crypto Market Higher

The rally follows the Fed decision, with Uniswap, Starknet, and Arbitrum standing out as strong performers. The futures market is also picking up, while the SEC and CFTC take new regulatory steps.

DeFi stands for financial services without the involvement of banks or other central parties.

Within DeFi, blockchain technology is used for services such as borrowing, lending, trading, and earning yield. Smart contracts automatically execute financial processes.