How does Squid Router work?

Squid Router is a cross-chain liquidity router that enables users to swap tokens between different blockchain networks. It identifies the most liquid path for asset transfers, streamlining the journey from one chain to another. Squid Router is built on Axelar Network, which provides secure cross-chain communication and token bridging.

Is Squid Router a secure platform?

Squid Router has undergone 7 smart contract audits to ensure the security of its platform. It has safely routed $1.5 billion in transactions across 900,000 swaps, demonstrating its reliability. Additionally, Squid Router leverages the security features of the Axelar Network, which uses proof-of-stake consensus for blockchain connectivity.

How to use Squid Router?

Users can access Squid Router through its web application or integrate it into their own projects using the Squid SDK. To perform a swap, simply select the source and destination chains, choose the tokens to swap, and confirm the transaction. The process typically completes in under 20 seconds, providing a seamless cross-chain experience.

What services does Squid Router offer?

Squid Router offers cross-chain token swaps, allowing users to exchange any token for any other token across more than 70 supported chains. It provides additional services such as cross-chain staking, minting, and payments, as well as the ability to buy NFTs with any token. Squid Router also offers developer tools, including an API and SDK, for integrating cross-chain functionality into other applications.

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FAQ

How does Squid Router work?
Squid Router is a cross-chain liquidity router that enables users to swap tokens between different blockchain networks. It identifies the most liquid path for asset transfers, streamlining the journey from one chain to another. Squid Router is built on Axelar Network, which provides secure cross-chain communication and token bridging.
Is Squid Router a secure platform?
Squid Router has undergone 7 smart contract audits to ensure the security of its platform. It has safely routed $1.5 billion in transactions across 900,000 swaps, demonstrating its reliability. Additionally, Squid Router leverages the security features of the Axelar Network, which uses proof-of-stake consensus for blockchain connectivity.
How to use Squid Router?
Users can access Squid Router through its web application or integrate it into their own projects using the Squid SDK. To perform a swap, simply select the source and destination chains, choose the tokens to swap, and confirm the transaction. The process typically completes in under 20 seconds, providing a seamless cross-chain experience.
What services does Squid Router offer?
Squid Router offers cross-chain token swaps, allowing users to exchange any token for any other token across more than 70 supported chains. It provides additional services such as cross-chain staking, minting, and payments, as well as the ability to buy NFTs with any token. Squid Router also offers developer tools, including an API and SDK, for integrating cross-chain functionality into other applications.

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