IBC Connects Cosmos and Ethereum – Boosting Cross-Chain DeFi 🚀

The DeFi ecosystem is entering a new phase as the IBC protocol – the backbone of #Cosmos – is about to officially connect with Ethereum. The Interchain Labs team has successfully tested transactions of #IBC from Cosmos Hub to Ethereum, paving the way for the Eureka upgrade (IBC-go v10) expected to launch this year.

🔹 Impact on DeFi:

✅ Increased liquidity: Easily move assets between Cosmos and $ETH , making DeFi in both ecosystems more vibrant.

✅ Expanded cross-chain applications: Leverage Cosmos's strengths in interoperability to connect with one of the largest DeFi ecosystems.

✅ Reduced bridge risks: IBC makes cross-chain transactions safer compared to traditional centralized bridges.

With this advancement, DeFi can break free from the isolation of individual blockchains and move closer to a more interconnected, decentralized, and efficient future. 🚀#anhbacong