Conversely, DeFi utilizes blockchain technology to facilitate peer-to-peer transactions, emphasizing autonomy, transparency, and lower fees. Users can directly engage in activities like lending and trading on platforms like Uniswap and Aave. While DeFi offers greater control and innovation, it also comes with complexities and security risks. The future of finance may likely see a hybrid model that merges the strengths of both CeFi and DeFi, creating a more versatile financial ecosystem for various user preferences.