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# Understanding the Basics of Peer-to-Peer Network

<figure><img src="/files/ZeH3GikYos3PBjlEgNfN" alt=""><figcaption></figcaption></figure>

In the world of decentralized finance, the term peer-to-peer (P2P) refers to the [#exchange](https://twitter.com/hashtag/exchange?src=hashtag_click) of digital assets or cryptocurrencies through a distributed [#network](https://twitter.com/hashtag/network?src=hashtag_click).

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