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Cross-chain DeFi development refers to the process of creating decentralized finance (DeFi) applications that operate across multiple blockchain networks. Unlike traditional DeFi applications that are limited to a single blockchain, cross-chain DeFi applications are designed to connect different blockchains, enabling users to access a wider range of assets and liquidity.
One of the main benefits of cross-chain DeFi development is that it allows users to access assets that are not available on a single blockchain. For example, a cross-chain DeFi application could allow users to trade Bitcoin (which is primarily based on the Bitcoin blockchain) for Ethereum (which is primarily based on the Ethereum blockchain) without having to rely on a centralized exchange.
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