How to DeFi: Advanced

by Lucius Fang, Benjamin Hor, Erina Azmi

"Education is paramount in DeFi and resources such as How to DeFi are so important. Not only is this an excellent sequel, but once again, the team at CoinGecko have managed to provide a comprehensive and in-depth overview of an ever changing space”– Ganesh Swami, CEO of Covalent

"This book comes as an excellent follow-up to their first book, and provides a deeper dive into DeFi and on how to navigate the nuances in the space.” – Jocelyn Chang, APAC Growth Lead, MakerDAO Growth Core Unit

“How To DeFi will help you make life-changing decisions when building and using DeFi protocols and applications of this decade.”– Molly Wintermute, Founder of HegicDecentralized Finance’s (DeFi) mission is reinventing traditional finance's infrastructure and interface with greater transparency, accessibility, efficiency, convenience, and interoperability. By April 2021, there has been over $86 billion worth of cryptocurrencies locked up in the DeFi applications, 86 times larger than a year ago.

The traditional financial industry is getting rapidly disrupted and DeFi is reshaping the way global financial systems operate. In this book, you will learn about various decentralized financial primitives, such as stablecoins, exchanges, lending, insurance, derivatives, and more.

DeFi has already existed since 2018, but it has recently witnessed a surge in popularity in the first half of 2021 with no ceiling in sight. Use this book to gain insight into the novel financial innovations enabled by DeFi. Join us in this exciting adventure of redefining finance.

In this book, you will

What is DeFi and the key categories within it An insider’s look at how to evaluate various DeFi protocols Services that empower the DeFi Oracles and Data AggregatorsMultichain bridges that seamlessly connect and move funds between blockchains Causes of DeFi exploits and how can you avoid them

Genres: Finance, Technology, Economics, Business, Nonfiction

298 pages, Kindle Edition

Published July 1, 2021

Reviews

[Alexander Ruchti · Rating 3 out of 5]

The advanced edition doesn't really feel like a more "advanced" edition, more like a 30% revision from the "beginner" edition and 70% new content that is new, but not more challenging in nature.

The "beginner" and "advanced" edition should have been combined into one longer book, since the books are rather short and there is a decent amount of repetition.

The book is currently a 3 stars (liked it), but this edition will become outdated very soon.

[Melissa Charitos · Rating 3 out of 5]

I find DeFi fascinating, but this book was a rather boring read. There’s some repetition when compared to the Beginner version. It’s more a list of current actors in the DeFi field than an in-depth book explaining DeFi. The book stays mostly on surface level. If you should read it, depends on your preferences: if you look for a overview of the DeFi space with a brief summary of the most “important” players, go for it.

[Matthias Heiter · Rating 2 out of 5]

First off, the quality of the print looks pretty terrible, like a Word Document. The first chapters of the book are okay, as they explain some core concepts in DeFi such as automated market makers. The rest of the book, is mostly a collection of available services for different DeFi use cases, which reads like an encyclopedia, rather than a book where you learn more about the concepts.

[Martin Yau · Rating 5 out of 5]

This book expands in detail on the concepts that are explained in the beginner version of this book. The authors use plain language to illustrate the concepts in concise detail without the excessive technical steps.

After all, it is a guide on how one can expand their experience in decentralised finance. It is up to one to be creative in how to make their own way to survive and, hopefully, win.

[Ivan Sincek · Rating 5 out of 5]

Amazing book with real life examples and metrics from decentralized finance (DeFi), and not just abstract theory. Just make sure you are reading the latest edition because DeFi is constantly evolving and the content can easily become outdated.

[Denis Vasilev · Rating 5 out of 5]

Топовая книга по децентрализованным финансам. Более сложные концепции, чем в прошлой. Да и рынок сильно развился. Опционы, агрегаторы, флеш-займы. Книга устареет быстро, но сейчас читать интересно

[Eugene · Rating 5 out of 5]

Comprehensive guide to dive into DeFi diversity, overall structure and some forecasts. Though, maybe already outdated on various numbers and services ranks.

[Gianluca · Rating 3 out of 5]

Not much better then just the basic version

The Advanced book didn’t seem to me to go much deeper than the Basic book. I found it to be OK, but to required reading.

[Miguel Arbaizar · Rating 1 out of 5]

Too structured in the wrong way.
It is Just a textbook that summarizes a few cryptos

[Daniel Blazquez · Rating 5 out of 5]

Excellent no-fluff field notes about the most interesting DeFi categories and players

[Nazim · Rating 4 out of 5]

Good book for those who want to get a general overview of DEFI.

[Stian Wilson · Rating 4 out of 5]

Straightforward, precise and well-covered. The book covers mostly ETH, the main dominant chain for DeFi, would like an updated review with competing chains.

[Alex-Hugh · Rating 3 out of 5]

Good is overview

[DBC · Rating 4 out of 5]

太深奥了，只能说熟悉了一些专业名词。