Fundamental Labs: A Review of Four Types of Mainstream Cross-Chain Exchanges

Source: Odaily (ID: o-daily) Author: King Tuts 1. Background The crypto industry has entered the cross-chain era. According to Defillama data, Ethereum's share of total value locked (TVL) has been declining since the beginning of last year, falling from over 95% to just 58.37%. With the continuous increase of public chains and rollup layers in Web3, many applications are built on different isolated ecosystems.