English translation · Awaiting review

Korean slang profile

디파이

dipai

Decentralized finance providing financial services through blockchain technology without control by central institutions such as banks.

Decentralized finance providing financial services through blockchain technology without control by central institutions such as banks.

Expanded form
Decentralized FinanceDecentralized Finance
Other spellings
Defi
Earliest source found
Dec 28, 2021
Documented trend period
Not verified

This is the earliest source we have verified, not the date the term was coined.

01Examples, with English translations

  • Example by Julimmal

    기사에서 디파이와 기존 금융의 차이를 찾아봤어.

    I looked up the differences between DeFi and traditional finance in the article.

02Documented history

  1. December 2021MBC explicitly gave 디파이’s expanded English form and the explanation ‘탈중앙화 금융’ (decentralized finance).[1]

03Origin & word formation

Short for ‘Decentralized Finance’ (Decentralized Finance). A 2021 source from MBC gives this explanation. Who first used it and when could not be established.

Evidence for the origin explanationMedium

One source explicitly gives this explanation. When it was first used is unknown.

04Sources

Original titles and links are preserved. An English translation does not replace the original source.

  1. “가상화폐, NFT·디파이 힘입어 주류금융으로 부상” (MBC)Published Dec 28, 2021Original source checked Nov 13, 2026
Original Korean record: Not verifiedEnglish translation: awaiting review

← Browse abbreviations · Read the Korean entry