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2/N Inter-chain DeFi

As mentioned above, Osmosis is the largest multi-chain Dex in Cosmos. In fact, Osmosis is also the inter-chain DeFi center of Cosmos.

As the first Killer application after the launch of IBC, Osmosis opened Cosmos’ inter-chain DeFi with a transaction volume of US$17.6 billion and the highest IBC traffic.

Unlike traditional DeFi protocols such as Uniswap/Pancakeswap, Osmosis is inherently multi-chain, and its main trading pairs are tokens of each chain.

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