Radix is a decentralized blockchain protocol designed to facilitate the development of decentralized finance (DeFi) applications. It aims to provide a scalable and secure environment for developers to build and deploy their projects, utilizing a unique consensus mechanism called Cerberus. This mechanism allows for high transaction throughput and low latency, making it suitable for various financial applications. The Radix network operates using its native cryptocurrency, known as XRD. This token is used for transaction fees, staking, and governance within the ecosystem. By focusing on user experience and developer accessibility, Radix seeks to simplify the process of creating and managing DeFi applications, promoting broader adoption of blockchain technology.