DeFi wallet or Decentralized Finance wallet, ikaw yung may full control ng asset mo at naka store ito sa Chain.
on the other hand is Centralized Wallet like Binance Wallet, if you send binance asset to another Binance wallet possible na Free ang transaction because Binance will process it for you kasi nasa eco system nila ang asset mo, and if ever na ma kalimutan mo ang password mo sa Binance pwede kang mag Chat sa CS para ma recover ang account mo. kaya siya centralized because someone have access to your account.
But DeFi wallet is different, only you ang may full control ng wallet mo, if makilumutan mo ang 12 phrase key mo, wala ng pag asa ma recover ang account mo. So on pag nag transact ka sa DeFi wallet you need to pay Gas Fee para makapag transact on chain.
Like “Metamask” metamask is a DeFi wallet.
I hope na naintindihan mo.