From what money is to your first on-chain strategy. 17 chapters that build a complete understanding of decentralized finance, how it works, where the risks hide, and how to participate with open eyes.
These are not trick questions. They are fundamental concepts that determine whether you earn or lose money in DeFi. If you can explain all five clearly, you may not need this course. If even one makes you pause, the gap is bigger than you think.
Most people know the term. Few can calculate the actual cost. If ETH doubles while you provide liquidity, you lose value compared to simply holding. The course walks through the exact math with real numbers and shows you when LP fees compensate for the loss, and when they do not.
Chapters 6 and 16A token at $10 with 10 million circulating supply looks cheap. But what if total supply is 10 billion with massive unlocks ahead? FDV reveals the dilution risk that market cap hides. This single metric has saved experienced investors from some of the largest losses in DeFi history.
Chapter 13Every DeFi interaction typically grants a protocol permission to move your tokens. Most people grant unlimited approvals and never revoke them. If any of those protocols is compromised months later, the attacker can drain your wallet without a new transaction. Most DeFi users have dozens of these open right now.
Chapters 12 and 16Real yield comes from trading fees, lending interest, and genuine economic activity. Emission-based yield comes from printing new tokens. One is sustainable. The other creates a pattern where early participants profit at the expense of late entrants. Knowing which one you are looking at is the difference between income and a trap.
Chapters 10 and 16The DAO hack of 2016 exploited a single flaw in how a smart contract processed withdrawals. The attacker called back into the contract before the first withdrawal completed, draining funds repeatedly. Variations of this attack still happen today. Understanding it changes how you evaluate protocol safety.
Chapter 12Each chapter builds on the previous. By the end, you do not just know what DeFi terms mean. You understand how the systems work, where the risks hide, and how to make informed decisions.