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This year in the DeFi space, there have indeed been some new developments in cross-chain trading.
To be honest, transferring assets between different chains was really frustrating before - the transactions were painfully slow, the fees were exorbitantly high, and the steps to complete the operation were as complicated as a puzzle game. These three major obstacles basically deterred a large number of ordinary users.
However, starting in 2025, a DEX called Velora seems to have made some progress in this area. They claim to have redesigned the cross-chain mechanism, reducing the original confirmation time from over ten minutes to minute-level, and also significantly cutting down on transaction fees.
Although it is still too early to talk about the "new king", at least they are indeed trying to address the real pain points of users. The cross-chain track is already competitive enough, and projects that can improve the experience are definitely worth observing more this year.
After all, for DeFi to truly break the circle, people must first find it enjoyable to use.
Cross-chain is indeed a tough problem, finally someone is seriously tackling it.
The key to DeFi breaking out is precisely this point, experience is truly the primary productive force.
Minute-level confirmations? I have to experience it personally to believe it.
There are new things emerging again this round, it looks okay, let's continue to observe.
Velora won't just be a flash in the pan, right? This track has seen quite a few projects fail.
So it turns out some of the pitfalls of cross-chain over the past few years are finally being filled, it is about time.