DeFi has two main components: lending and borrowing. Some people are in it for the passive income that you get from lending, and others may be in it for the benefits you get from borrowing.
I use DeFi on the borrowing side
https://rocko.co/, to borrow against my assets and pay down expenses that are on credit cards, or would otherwise be supplemented by credit card use.
DeFi has opened an entirely new avenue in my financial plans and goals that would not be available with traditional banking.