Unlike the current financial system, which is closed, centrally controlled, and based on antiquated infrastructure and procedures, DeFi is a decentralized, global, and internet-based platform designed for the modern world. This allows you to monitor your finances and make informed decisions. It opens you up to international trade and gives you access to financial systems beyond your own country's currency and banking system. Products in the DeFi space are largely user-owned and maintained, expanding access to financial services to anyone with an internet connection. To date, tens of billions of dollars worth of cryptocurrency have been transferred via DeFi apps, and this number is steadily increasing.