A DeFi wallet is a decentralized wallet that allows users to store, manage, and interact with digital assets and decentralized finance (DeFi) protocols without relying on intermediaries like banks or traditional financial institutions. Unlike centralized wallets, DeFi wallets provide users with full control over their private keys, ensuring that they are the sole owners of their funds. These wallets support a variety of cryptocurrencies and often feature integration with decentralized applications (dApps), enabling users to participate in activities such as staking, lending, borrowing, and trading directly from their wallet. Key features typically include enhanced security, anonymity, and interoperability across different DeFi platforms.