DeFi Intel

Squid Router bridge

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Source: squidrouter.com

Overview

Squid is a cross-chain swap and liquidity-routing protocol that lets users move tokens across 100+ blockchains in a single transaction without manually bridging assets. It originally launched on Axelar's interchain messaging and now aggregates multiple bridges, DEXs and messaging layers (including Axelar and CCTP) through its intent-based routing, rather than relying on a single bridge.

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Frequently asked questions

What is Squid Router?

Squid Router is a cross-chain swap and bridged aggregation protocol built on the Axelar network.

What does Squid Router enable users to do?

It enables users to swap tokens across multiple blockchains without needing to manually bridge assets.

How does Squid Router route transactions?

It routes transactions through Axelar's interchain framework.