Decentralized Finance (DeFi) Deep Dive

Ends tomorrow! Save 40% on your access to 10,000+ programs and make a real impact in your career. Save now.

Decentralized Finance (DeFi) Deep Dive

This course is part of Decentralized Finance (DeFi): The Future of Finance Specialization

Instructor: Campbell R. Harvey

17,335 already enrolled

Included with Learn more

Ask Coursera

4 modules

Gain insight into a topic and learn the fundamentals.

Intermediate level

Recommended experience

8 hours to complete

Flexible schedule

Learn at your own pace

4 modules

Gain insight into a topic and learn the fundamentals.

Intermediate level

Recommended experience

8 hours to complete

Flexible schedule

Learn at your own pace

What you'll learn

Mechanics of credit and lending protocols; Decentralized exchange implementations; Derivatives and tokenization protocols.

Skills you'll gain

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

4 assignments

Taught in English

See how employees at top companies are mastering in-demand skills

Learn more about Coursera for Business

logos of Petrobras, TATA, Danone, Capgemini, P&G and L'Oreal

Build your subject-matter expertise

This course is part of the Decentralized Finance (DeFi): The Future of Finance Specialization

When you enroll in this course, you'll also be enrolled in this Specialization.

Learn new concepts from industry experts
Gain a foundational understanding of a subject or tool
Develop job-relevant skills with hands-on projects
Earn a shareable career certificate

There are 4 modules in this course

DeFi and the Future of Finance is a set of four courses that focus on decentralized finance. The third course is called DeFi Deep Dive. It is essential that you do the first two courses I. DeFi Infrastructure and II. DeFi Primitives before doing this course. It is the longest of the four courses and focuses on some of the leading protocols in the DeFi space. We will look at Credit and Lending (and feature MakerDAO, Compound and Aave), Decentralized Exchange with an analysis of how protocols like Uniswap and Balancer works, Derivatives (featuring Yield Protocol, dYdX and Synthetix) and Tokenization with an analysis of Set Protocol as well as wrapped bitcoin. For many of these leading protocols, we include detailed examples of how the mechanics work. For example, we show how to use a dYdX flash swap to execute an arbitrage transaction (take advantage of different prices on different exchanges for the same asset).

We begin module one with the mechanics of MakerDAO stablecoin called DAI and introduce the idea of collateralized debt obligations. The module also includes a detailed examination of both Compound and Aave.

What's included

9 videos2 readings1 assignment

9 videosTotal 118 minutes

Introduction 17 minutes
Liquidation 15 minutes
Governance 15 minutes
What is Compound?12 minutes
Supply and Borrow Rates19 minutes
cTokens10 minutes
Compound Governance 11 minutes
What is Aave?11 minutes
Stable Loans and Credit Delegation 9 minutes

2 readingsTotal 15 minutes

DeFi and the Future of Finance10 minutes
Report a problem with the course5 minutes

1 assignmentTotal 30 minutes

Module 1 Graded Quiz 30 minutes

The second module explores the mechanics of Uniswap v2 and v3. A generalization of the two asset Automated Market Maker introduced by Balancer is also studied. The module ends with a discussion of rehypothecation as well as Total Locked Value.

What's included

6 videos1 assignment

The third model features leading derivatives protocols. The mechanics of fixed rate lending and borrowing is presented with the Yield Protocol. The mechanics of dYdX and Synthetix are also explored.

What's included

8 videos1 assignment

The final module focuses on tokenization and features the Set Protocol. Set provides a way to combine portfolios much like an ETF holds many traditional stocks. The Sets can be active or passive. The module ends with a discussion of the use in DeFi of both wrapped bitcoin and wrapped ethereum.

What's included

2 videos1 reading1 assignment

Earn a career certificate

Add this credential to your LinkedIn profile, resume, or CV. Share it on social media and in your performance review.

Instructor

Campbell R. Harvey

Duke University

8 Courses87,611 learners

Offered by

Duke University

Explore more from Finance

Packt
The Complete DeFi—Decentralized Finance—Industry Labs
Course
Status: Bestseller
Duke University
Decentralized Finance (DeFi): The Future of Finance
Specialization
Status: Free Trial
Duke University
Decentralized Finance (DeFi) Primitives
Course
Status: Free Trial
Duke University
Decentralized Finance (DeFi) Opportunities and Risks
Course

Why people choose Coursera for their career

Felipe M.

Learner since 2018

"To be able to take courses at my own pace and rhythm has been an amazing experience. I can learn whenever it fits my schedule and mood."

Jennifer J.

Learner since 2020

"I directly applied the concepts and skills I learned from my courses to an exciting new project at work."

Larry W.

Learner since 2021

"When I need courses on topics that my university doesn't offer, Coursera is one of the best places to go."

Chaitanya A.

"Learning isn't just about being better at your job: it's so much more than that. Coursera allows me to learn without limits."

Frequently asked questions

To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.

When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.

Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.