DeFi vs CeFi are two distinct approaches to financial services. DeFi operates on decentralized blockchain platforms, where users retain control of their assets, and transactions are automated through smart contracts. It offers greater privacy and lower fees but may involve higher risks due to its experimental nature. CeFi, on the other hand, relies on centralized intermediaries such as banks or exchanges. While CeFi platforms provide greater regulation and customer support, they also require users to trust third parties with their funds.