What does cross-chain transaction mean? What are the cross-chain transactions?

2025/04/11 09:08

Here are some exchanges that support cross-chain transactions:

• Binance Exchange: In the first quarter of 2025, through the "zero knowledge verification cross-chain bridge" and multi-chain privacy pool technology, the number of users exceeded 1.8 million, and the transaction volume increased by 210% month-on-month, ranking among the top five decentralized exchanges (DEX). The platform supports anonymous redemption of more than 50 public chain assets, and compresses Gas costs to 40% of the industry average through a dynamic handling fee model.

• Uniswap: As the top decentralized exchange in the Ethereum ecosystem, its unique automatic market maker mechanism allows users to trade without relying on traditional order books. Through expansion, Uniswap supports multiple blockchains including Binance Smart Chain and Arbitrum, providing users with the convenience of cross-chain transactions.

• SushiSwap: supports multiple blockchains including Ethereum and BNB smart chains. Users can trade between different blockchains and provide diversified transaction options.

• Curve Finance: occupies a relatively leading position in the field of stablecoin trading, supports multiple blockchains, such as Avalanche and Fantom, providing users with a wide range of transaction options and enabling efficient exchange of stablecoins on different chains.

• Thorchain: A leader in cross-chain transactions can realize the direct redemption of heterogeneous chain assets such as BTC and ETH, and promote multi-chain interconnection. Users can exchange assets between different types of blockchains.

• 1inch Exchange: As a pioneer of aggregators, its intelligent routing algorithm integrates the liquidity of the entire network and can match users with the best prices across multiple blockchains, making it easier for users to conduct cross-chain transactions.

• DLN Trade: Launched by the cross-chain interoperability protocol debridge, it uses the global liquidity engine to create a decentralized order book, so that any asset on one chain can be directly traded with any asset on another chain, supporting multiple chains such as Ethereum, Arbitrum, Polygon, Fantom, BNB Chain and Avalanche.