Cross-chain Blockade: Competitive Barriers of Exchange Public Chains Await Breaking

Recently, DeFi players discovered that two exchanges, Huobi and Binance, respectively supported on-chain mainstream asset deposits to the exchange for Binance Smart Chain (BSC) and Huobi Eco Chain (Heco). This means that assets on the BSC chain can be directly deposited to Huobi exchange, and assets on Heco can also reach Binance without going through Huobi. The two exchange public chains have from time to time produced eye-catching applications due to ecosystem development. As a result, DeFi users' funds often need to be transferred between BSC and Heco, but the two public chains lack a direct asset cross-chain bridge, making the operation process cumbersome.