Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
Composability in DeFi refers to the ability of various protocols and smart contracts to seamlessly connect and interact, akin to building blocks.
Composability acts as a catalyst for growth, propelling decentralized finance’s ongoing development and growth.
In decentralized finance (DeFi), composability refers to the ability of various apps and protocols to seamlessly communicate with each other, allowing their building blocks to be combined and integrated to create new functionalities or financial services. This interoperability is similar to Lego blocks in that different protocols can be assembled and flexibly combined.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.