{"id":"squid","title":"Squid","content":"**Squid** is a cross-chain liquidity and messaging router that enables users to swap any token between any supported blockchain in a single transaction. [\\[1\\]](#cite-id-kpClE9xEookJiRzm) [\\[2\\]](#cite-id-SyQWtpwX4CHvFUbw) It functions as an infrastructure layer, aggregating liquidity from over 130 [decentralized exchanges](https://iq.wiki/wiki/decentralized-exchange) (DEXs) and multiple cross-chain bridges to find efficient transaction paths. The protocol provides a developer-focused API, SDK, and front-end widget, as well as a consumer-facing application for direct use. [\\[1\\]](#cite-id-kpClE9xEookJiRzm)​\n\n## Overview\n\nSquid is designed to address liquidity fragmentation and simplify the user experience in a multi-chain environment. [\\[3\\]](#cite-id-KBcLz2KZEosZQZlv) It operates as a \"bridge of bridges,\" meaning it is not dependent on a single underlying interoperability protocol. Instead, it aggregates multiple cross-chain communication protocols, including [Axelar](https://iq.wiki/wiki/axelar), Circle's Cross-Chain Transfer Protocol (CCTP), Inter-Blockchain Communication (IBC), and [LayerZero](https://iq.wiki/wiki/layerzero), to enhance resilience and flexibility. [\\[1\\]](#cite-id-kpClE9xEookJiRzm) [\\[4\\]](#cite-id-u1lidRJ9ZyJA2Ein)​\n\nThe project originated within the [Axelar](https://iq.wiki/wiki/axelar) ecosystem and later spun out to become an independent entity, Squid Router Inc. [\\[1\\]](#cite-id-kpClE9xEookJiRzm) This independence allowed it to integrate a wider range of protocols and blockchains. A typical cross-chain swap orchestrated by Squid involves a swap on the source chain [DEX](https://iq.wiki/wiki/decentralized-exchange), a transfer via a bridge, and a final swap on the destination chain DEX, all bundled into a single user-signed transaction. [\\[2\\]](#cite-id-SyQWtpwX4CHvFUbw) Since the beginning of 2023, Squid has processed over $6 billion in transaction volume for over one million unique users. [\\[1\\]](#cite-id-kpClE9xEookJiRzm)​\n\n## History\n\nThe concept for Squid was developed in the summer of 2022 by co-founders Julian Traversa and \"Fig\". [\\[5\\]](#cite-id-M1AHFuwnCwwcviIF) An early prototype won a prize at an Axelar-hosted hackathon, and the protocol officially launched on mainnet on January 31, 2023, with support for 25 [blockchains](https://iq.wiki/wiki/blockchain). [\\[2\\]](#cite-id-SyQWtpwX4CHvFUbw) [\\[3\\]](#cite-id-KBcLz2KZEosZQZlv)​\n\nOn February 15, 2023, Squid announced a $4 million seed funding round led by [Polychain Capital](https://iq.wiki/wiki/polychain-capital), with participation from Nomad Capital, North Island Ventures, Distributed Global, and others. The funds were allocated to expand the development team and integrate additional [blockchains](https://iq.wiki/wiki/blockchain). [\\[5\\]](#cite-id-M1AHFuwnCwwcviIF) [\\[6\\]](#cite-id-EzCTbLW4ocU2xgue)​\n\nA major architectural upgrade, Squid 2.0, was launched on August 15, 2023. It introduced a more composable API, options for paying destination gas fees with source tokens, and custom contract call capabilities. [\\[2\\]](#cite-id-SyQWtpwX4CHvFUbw) Later that year, on October 26, 2023, Squid launched a significant integration with the [XRP](https://iq.wiki/wiki/xrp) Ledger (XRPL) in collaboration with [Ripple](https://iq.wiki/wiki/ripple-labs) and [Axelar](https://iq.wiki/wiki/axelar). This established the first secure bridge for swaps between the XRPL and [EVM](https://iq.wiki/wiki/ethereum-virtual-machine-evm) ecosystems. [\\[7\\]](#cite-id-1cKdWrqW8XrThGrJ) [\\[8\\]](#cite-id-BQxxUtGE65gKZlFW)​\n\nIn March 2026, Squid introduced Squid Intents, a new intent-based settlement protocol designed to replace its original architecture. This shift moved complex logic off-chain to lower gas fees, increase reliability, and expand support to non-EVM chains like [Bitcoin](https://iq.wiki/wiki/bitcoin). [\\[9\\]](#cite-id-fctZyvQE6yYPaCvx)​\n\n## Technology\n\nSquid's architecture has evolved from a primarily on-chain routing model to a more efficient off-chain, intent-based system.\n\n### Routing Architecture\n\nInitially, Squid functioned as a graph-based router built on General Message Passing (GMP) protocols, with [Axelar](https://iq.wiki/wiki/axelar) as its foundational layer. [\\[4\\]](#cite-id-u1lidRJ9ZyJA2Ein) The system would compute an optimal path for a swap, which typically included:\n\n1. A swap on a source chain [DEX](https://iq.wiki/wiki/decentralized-exchange) to a bridge-compatible asset (e.g., swapping [ETH](https://iq.wiki/wiki/ethereum) for axlUSDC).\n2. A bridging transaction to move the asset to the destination chain.\n3. A final swap on a destination chain DEX to the user's desired asset (e.g., axlUSDC to [MATIC](https://iq.wiki/wiki/matic)). [\\[1\\]](#cite-id-kpClE9xEookJiRzm)\n\nThis model was enhanced by the Squid 2.0 upgrade, which enabled \"multi-protocol hopping,\" allowing a single transaction to utilize multiple DEXs and bridges (like [Axelar](https://iq.wiki/wiki/axelar) and CCTP) to find the most efficient route. [\\[4\\]](#cite-id-u1lidRJ9ZyJA2Ein) [\\[10\\]](#cite-id-ZbL5kiwUp3fNLDk9)​\n\n### Squid Intents\n\nSquid Intents represent the protocol's most advanced architecture, shifting from a predetermined route model to an intent-based execution model. In this system, a user expresses their desired outcome (an \"intent\"), which is then broadcast to a network of professional market makers known as \"solvers.\" These solvers compete in a real-time auction to fulfill the user's request using their own private inventory and optimized pathways. [\\[1\\]](#cite-id-kpClE9xEookJiRzm)​\n\nThe core logic, auctions, and coordination for Squid Intents are handled off-chain in [Trusted Execution Environments](https://iq.wiki/wiki/trusted-execution-environments) (TEEs), secure and isolated computing environments provided by Cubist. This design minimizes on-chain computation, as [blockchains](https://iq.wiki/wiki/blockchain) are used primarily as a settlement layer. [Axelar's](https://iq.wiki/wiki/axelar) network is used as a verifier within the TEE architecture to confirm the state of transactions on different chains. [\\[9\\]](#cite-id-fctZyvQE6yYPaCvx)​\n\nThe benefits of the intent-based model include:\n\n* **Faster Execution:** Solvers can provide near-instant fulfillment, with average execution times around 5 seconds. [\\[1\\]](#cite-id-kpClE9xEookJiRzm)\n* **MEV Protection:** The off-chain auction protects users from Maximal Extractable Value (MEV) and front-running. [\\[11\\]](#cite-id-IKNKxXTkZbPyoFLX)\n* **Reduced Gas Costs:** Complex steps are paid for by the solver, and on-chain transactions are simplified to basic transfers. [\\[9\\]](#cite-id-fctZyvQE6yYPaCvx)\n* **Higher Reliability:** The model eliminates route expiry, a common failure point in cross-chain transactions, making it suitable for institutional and multisig workflows. [\\[9\\]](#cite-id-fctZyvQE6yYPaCvx)\n\n### CORAL Engine\n\nPrior to the full implementation of TEE-based Intents, Squid developed the Cross-Chain Order Routing and Auction Layer (CORAL). This system was Squid's first large-scale use of an intent-based model. It used a Request-For-Quote (RFQ) auction where market makers competed to fill user swaps. CORAL demonstrated significant improvements, including reduced gas costs, zero slippage, and swap times of 5-10 seconds. [\\[11\\]](#cite-id-IKNKxXTkZbPyoFLX)​\n\n## Products and Services\n\nSquid provides a range of products for developers, end-users, and institutions.\n\n### For Developers\n\n* **API/SDK:** A REST API and a JavaScript/TypeScript SDK are available for integrating Squid's cross-chain functionality into the backend or frontend of applications. These tools allow dApps to programmatically access routing logic for custom integrations. [\\[1\\]](#cite-id-kpClE9xEookJiRzm) [\\[2\\]](#cite-id-SyQWtpwX4CHvFUbw)\n* **Widget:** A customizable, drop-in React component that allows developers to add a cross-chain swap interface to their dApp with minimal code. This widget is used by projects on the XRPL EVM [Sidechain](https://iq.wiki/wiki/sidechain). [\\[1\\]](#cite-id-kpClE9xEookJiRzm) [\\[7\\]](#cite-id-1cKdWrqW8XrThGrJ)\n\n### For Users\n\n* **Bridge App:** The main consumer-facing web application for performing direct cross-chain swaps and bridges. [\\[1\\]](#cite-id-kpClE9xEookJiRzm)\n* **SquidScan:** An explorer tool for tracking the status and progress of transactions across all supported chains. [\\[9\\]](#cite-id-fctZyvQE6yYPaCvx)\n* **Wallet View:** A feature within the Squid app that provides a consolidated portfolio view of a user's token balances across all supported blockchains. [\\[12\\]](#cite-id-LGAPzXy5t3XIkOns)\n* **Fiat On-Ramp:** An integration with services like Onramper and Kado that allows users to purchase cryptocurrency using fiat currency (via debit/credit card or Apple Pay) and have it delivered directly to a wallet on any supported chain. [\\[13\\]](#cite-id-2DYa4RWZfCpoiRSk) [\\[3\\]](#cite-id-KBcLz2KZEosZQZlv)\n\n### For Institutions and Chains\n\n* **Squid Connect:** A service for [blockchain](https://iq.wiki/wiki/blockchain) foundations and token issuers to integrate their network or asset into Squid’s ecosystem, providing instant access to liquidity and users. [\\[1\\]](#cite-id-kpClE9xEookJiRzm)\n* **Bespoke Solutions:** Squid offers custom-built infrastructure for institutional clients dealing with stablecoins, foreign exchange, [Real-World Assets](https://iq.wiki/wiki/real-world-assets-rwas) (RWAs), and permissioned blockchains. [\\[1\\]](#cite-id-kpClE9xEookJiRzm)\n\n## Funding\n\nSquid has raised a total of $4 million in a seed funding round announced on February 15, 2023. The round was led by [Polychain Capital](https://iq.wiki/wiki/polychain-capital). [\\[5\\]](#cite-id-M1AHFuwnCwwcviIF) Other investors included Nomad Capital, North Island Ventures, M-Ventures, Chorus One, The Department of XYZ, Distributed Global, Fabric Ventures, and Mischief. The round also included over 30 angel investors from projects such as [Axelar](https://iq.wiki/wiki/axelar), [Cosmos](https://iq.wiki/wiki/cosmos), [dYdX](https://iq.wiki/wiki/dydx), [LayerZero](https://iq.wiki/wiki/layerzero), and [Aave](https://iq.wiki/wiki/aave). [\\[6\\]](#cite-id-EzCTbLW4ocU2xgue) [\\[14\\]](#cite-id-lsxDTaQPZKqskQnE)​\n\nLuke Pearson, a partner at lead investor [Polychain Capital](https://iq.wiki/wiki/polychain-capital), commented on the investment, stating, \"Squid’s architecture, which leverages existing DEX liquidity and Axelar’s secure message-passing, is a fundamentally more secure and capital-efficient approach to interoperability.\" [\\[14\\]](#cite-id-lsxDTaQPZKqskQnE)​\n\n## Ecosystem and Partnerships\n\nSquid supports over 100 [blockchains](https://iq.wiki/wiki/blockchain) and is integrated into more than 1,000 applications. Key partners span infrastructure providers, [wallets](https://iq.wiki/wiki/cryptocurrency-wallet), [dApps](https://iq.wiki/wiki/decentralized-application), and [Layer 1](https://iq.wiki/wiki/layer-1)/[Layer 2](https://iq.wiki/wiki/layer-2) chains. [\\[1\\]](#cite-id-kpClE9xEookJiRzm)​\n\n### Infrastructure and Strategic Partners\n\n* **Axelar:** As Squid's foundational interoperability layer, Axelar's General Message Passing (GMP) protocol underpins much of its cross-chain communication and security. [\\[2\\]](#cite-id-SyQWtpwX4CHvFUbw) [\\[8\\]](#cite-id-BQxxUtGE65gKZlFW)\n* **Ripple:** Squid partnered with [Ripple](https://iq.wiki/wiki/ripple-labs) to become a primary gateway for liquidity to the [XRP](https://iq.wiki/wiki/xrp) Ledger (XRPL), connecting it to the broader EVM ecosystem via its EVM [Sidechain](https://iq.wiki/wiki/sidechain). [\\[7\\]](#cite-id-1cKdWrqW8XrThGrJ)\n* **Circle:** Squid collaborated with [Circle](https://iq.wiki/wiki/circle) to facilitate cross-chain transfers and swaps for stablecoins like [USDC](https://iq.wiki/wiki/usdc) and [EURC](https://iq.wiki/wiki/eurc). [\\[15\\]](#cite-id-aJ5rAG6bxJ19qMKx)\n\n### dApp and Wallet Integrations\n\nSquid's technology powers cross-chain functionality for a wide range of applications:\n\n* **Wallets:** [MetaMask](https://iq.wiki/wiki/metamask), Ledger, [Trust Wallet](https://iq.wiki/wiki/trust-wallet), Keplr, [Phantom](https://iq.wiki/wiki/phantom-wallet), and Opera's MiniPay. [\\[14\\]](#cite-id-lsxDTaQPZKqskQnE) [\\[16\\]](#cite-id-SaX0OdsSpViCiAlC)\n* **DeFi Protocols:** [dYdX](https://iq.wiki/wiki/dydx) utilizes Squid for seamless deposits to its chain, and other integrations include Lido, [Frax Finance](https://iq.wiki/wiki/frax-finance), Sommelier, and [PancakeSwap](https://iq.wiki/wiki/pancakeswap). [\\[14\\]](#cite-id-lsxDTaQPZKqskQnE)\n\n### Chain Support\n\nThe protocol supports a diverse set of networks, including:\n\n* **EVM Chains:** [Ethereum](https://iq.wiki/wiki/ethereum), [Arbitrum](https://iq.wiki/wiki/arbitrum), [Base](https://iq.wiki/wiki/base), [Polygon](https://iq.wiki/wiki/polygon), [Avalanche](https://iq.wiki/wiki/avalanche), [Optimism](https://iq.wiki/wiki/optimism).\n* **Cosmos Ecosystem:** Chains connected via IBC, such as Osmosis and [dYdX](https://iq.wiki/wiki/dydx) Chain.\n* **Non-EVM Chains:** [Solana](https://iq.wiki/wiki/solana), [Sui](https://iq.wiki/wiki/sui).\n* **Other Networks:** [XRP](https://iq.wiki/wiki/xrp) Ledger, [Bitcoin](https://iq.wiki/wiki/bitcoin), [Stellar](https://iq.wiki/wiki/stellar), [Hedera](https://iq.wiki/wiki/hedera), and [Celo](https://iq.wiki/wiki/celo). [\\[1\\]](#cite-id-kpClE9xEookJiRzm) [\\[4\\]](#cite-id-u1lidRJ9ZyJA2Ein)\n\nOn the XRPL integration, [Ripple](https://iq.wiki/wiki/ripple-labs) CTO [David Schwartz](https://iq.wiki/wiki/david-schwartz) stated, \"The [Axelar](https://iq.wiki/wiki/axelar) bridge to the XRPL is an important step to making the XRPL a multichain network. One of the many exciting projects unlocking this reality is Squid.\" [\\[14\\]](#cite-id-lsxDTaQPZKqskQnE)​\n\n## Key Figures\n\n* **Julian Traversa:** Co-Founder. [\\[3\\]](#cite-id-KBcLz2KZEosZQZlv)\n* **Fig:** Co-Founder. He is a public representative for the project and is often quoted in official announcements. On the project's vision, Fig stated, \"We started Squid to make the next generation of user experiences possible. Users and developers shouldn't be constrained by the chain they're on, and moving between chains shouldn't be a multi-step, painful process.\" [\\[6\\]](#cite-id-EzCTbLW4ocU2xgue)","summary":"Squid is a cross-chain liquidity and messaging router built on Axelar. It enables any-to-any token swaps across 100+ chains by aggregating liquidity from DEXs and multiple bridges, offering an API, SDK, and widget for developers and dApps.","images":[{"id":"QmWYwYUfgbSA9CMniyqBGK6n7L1y4iyPxy62Qyd9HvMeSg","type":"image/jpeg, image/png"}],"categories":[{"id":"defi","title":"defi"}],"tags":[{"id":"Protocols"},{"id":"Developers"},{"id":"Blockchains"},{"id":"DEXes"},{"id":"Ethereum"}],"media":[{"id":"QmVPoeopengDDsicy267CFmxdD9LDbHqeEUVtBah2CfeTh","type":"GALLERY","source":"IPFS_IMG"},{"id":"QmaW955U9xq4Z9B8zW39qo9int6Va2xaan223CiuyCQdbH","name":"4c86ef9a5b1f366957e62b513f4252bf91de5b997507f80b868ddd2c0156acd8.png","caption":"","thumbnail":"QmaW955U9xq4Z9B8zW39qo9int6Va2xaan223CiuyCQdbH","source":"IPFS_IMG"},{"id":"QmYA922SftJYhxxEhhkDdBK3pzdvvKYK1jLKkSLDWiMTYq","name":"1500x500.jpeg","caption":"","thumbnail":"QmYA922SftJYhxxEhhkDdBK3pzdvvKYK1jLKkSLDWiMTYq","source":"IPFS_IMG"},{"id":"Qmd9ha1XjAo8P8gY5rZ7NQYd5rshQmmJxtaZCZpwk5Cz7e","name":"Cópia de Design sem nome (1).png","caption":"","thumbnail":"Qmd9ha1XjAo8P8gY5rZ7NQYd5rshQmmJxtaZCZpwk5Cz7e","source":"IPFS_IMG"},{"id":"QmWBNHSx2f5HBYrzrBfHghtLF9WWrTyFX8yvQVyWEEUDok","name":"Cópia de Design sem nome.png","caption":"","thumbnail":"QmWBNHSx2f5HBYrzrBfHghtLF9WWrTyFX8yvQVyWEEUDok","source":"IPFS_IMG"},{"id":"QmWES5HEP1eyS6eFseJyHzQR5vzX6hrrYyeEgicCcj8JyV","name":"ppNPPF84_400x400.jpg","caption":"","thumbnail":"QmWES5HEP1eyS6eFseJyHzQR5vzX6hrrYyeEgicCcj8JyV","source":"IPFS_IMG"}],"metadata":[{"id":"references","value":"[\n  {\n    \"id\": \"kpClE9xEookJiRzm\",\n    \"url\": \"https://www.squidrouter.com/\",\n    \"description\": \"Squid official homepage\",\n    \"timestamp\": 1775399312660\n  },\n  {\n    \"id\": \"SyQWtpwX4CHvFUbw\",\n    \"url\": \"https://docs.squidrouter.com/\",\n    \"description\": \"Squid official documentation\",\n    \"timestamp\": 1775399312660\n  },\n  {\n    \"id\": \"KBcLz2KZEosZQZlv\",\n    \"url\": \"https://www.linkedin.com/company/squidrouter/\",\n    \"description\": \"Squid LinkedIn page overview\",\n    \"timestamp\": 1775399312660\n  },\n  {\n    \"id\": \"u1lidRJ9ZyJA2Ein\",\n    \"url\": \"https://www.squidrouter.com/blog/technical-history-of-squid\",\n    \"description\": \"Technical history of Squid development\",\n    \"timestamp\": 1775399312660\n  },\n  {\n    \"id\": \"M1AHFuwnCwwcviIF\",\n    \"url\": \"https://medium.com/ripplexdev/unlocking-cross-chain-liquidity-on-xrp-ledger-spotlight-on-squid-router-d16ecd18a818\",\n    \"description\": \"RippleX dev blog on Squid integration\",\n    \"timestamp\": 1775399312660\n  },\n  {\n    \"id\": \"EzCTbLW4ocU2xgue\",\n    \"url\": \"https://www.squidrouter.com/blog/squid-raises-4m-polychain\",\n    \"description\": \"Squid blog post on $4M seed round\",\n    \"timestamp\": 1775399312660\n  },\n  {\n    \"id\": \"1cKdWrqW8XrThGrJ\",\n    \"url\": \"https://www.squidrouter.com/blog/squid-xrpl-evm-launch\",\n    \"description\": \"Squid XRPL and EVM integration launch\",\n    \"timestamp\": 1775399312660\n  },\n  {\n    \"id\": \"BQxxUtGE65gKZlFW\",\n    \"url\": \"https://www.axelar.network/blog/xrpl-bridge-live\",\n    \"description\": \"Axelar blog on XRPL bridge launch\",\n    \"timestamp\": 1775399312660\n  },\n  {\n    \"id\": \"fctZyvQE6yYPaCvx\",\n    \"url\": \"https://www.squidrouter.com/blog/introducing-squid-intents-to-the-world\",\n    \"description\": \"Squid blog introducing Squid Intents\",\n    \"timestamp\": 1775399312660\n  },\n  {\n    \"id\": \"ZbL5kiwUp3fNLDk9\",\n    \"url\": \"https://www.squidrouter.com/blog/squid-2-0\",\n    \"description\": \"Squid 2.0 platform upgrade details\",\n    \"timestamp\": 1775399312660\n  },\n  {\n    \"id\": \"IKNKxXTkZbPyoFLX\",\n    \"url\": \"https://www.squidrouter.com/blog/squid-coral-cross-chain-routing\",\n    \"description\": \"Details on CORAL intent-based routing\",\n    \"timestamp\": 1775399312660\n  },\n  {\n    \"id\": \"LGAPzXy5t3XIkOns\",\n    \"url\": \"https://www.squidrouter.com/blog/squid-wallet-view\",\n    \"description\": \"Squid Wallet View feature launch\",\n    \"timestamp\": 1775399312660\n  },\n  {\n    \"id\": \"2DYa4RWZfCpoiRSk\",\n    \"url\": \"https://www.squidrouter.com/blog/squid-fiat-onramp-buy-crypto-card\",\n    \"description\": \"Squid fiat on-ramp launch details\",\n    \"timestamp\": 1775399312660\n  },\n  {\n    \"id\": \"lsxDTaQPZKqskQnE\",\n    \"url\": \"https://www.squidrouter.com/ecosystem\",\n    \"description\": \"Squid ecosystem and partners page\",\n    \"timestamp\": 1775399312660\n  },\n  {\n    \"id\": \"aJ5rAG6bxJ19qMKx\",\n    \"url\": \"https://www.squidrouter.com/blog/squid-eurc-stablecoin-cross-chain\",\n    \"description\": \"Squid-EURC stablecoin partnership\",\n    \"timestamp\": 1775399312660\n  },\n  {\n    \"id\": \"SaX0OdsSpViCiAlC\",\n    \"url\": \"https://www.squidrouter.com/blog/squid-minipay-digital-gold\",\n    \"description\": \"Squid integration with MiniPay\",\n    \"timestamp\": 1775399312660\n  }\n]"},{"id":"website","value":"https://www.squidrouter.com/"},{"id":"twitter_profile","value":"https://x.com/squidrouter"},{"id":"linkedin_profile","value":"https://www.linkedin.com/company/squidrouter/"},{"id":"github_profile","value":"https://github.com/0xsquid"},{"id":"references","value":"https://docs.squidrouter.com/"},{"id":"discord_profile","value":"https://t.me/squid2wtf"},{"id":"etherscan","value":"https://etherscan.io/token/0x2c056f9402a0627bc0e580365bb12979fc011e2c"},{"id":"nansen","value":"https://app.nansen.ai/token-god-mode?chain=ethereum&tab=transactions&tokenAddress=0x2c056f9402a0627bc0e580365bb12979fc011e2c"},{"id":"previous_cid","value":"\"https://ipfs.everipedia.org/ipfs/QmUXE7iU3yy5ovavAwvZEoECdansURdyjCVDWm5EbpXjh1\""},{"id":"commit-message","value":"\"Updated media gallery assets\""},{"id":"previous_cid","value":"QmUXE7iU3yy5ovavAwvZEoECdansURdyjCVDWm5EbpXjh1"}],"events":[{"id":"9ee54911-39d9-4962-99b1-7f043fa20a80","date":"2022-04","title":"Squid Protocol Founded","type":"CREATED","description":"Squid was conceptualized and developed as a project within the Axelar ecosystem, originating from an Axelar-hosted hackathon in April 2022.","link":"https://www.squidrouter.com/blog/technical-history-of-squid","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null},{"id":"a0bf64c6-ab6d-4cad-b8e8-9154fbbde241","date":"2023-02","title":"$4 Million Seed Round","type":"DEFAULT","description":"Squid announced a $4 million seed funding round led by Polychain Capital, with participation from Nomad Capital, North Island Ventures, and others.","link":"https://www.squidrouter.com/blog/squid-raises-4m-polychain","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null},{"id":"7a44d991-a082-45d8-849c-e53f82786d94","date":"2023-08","title":"Squid 2.0 Launch","type":"DEFAULT","description":"Squid launched a major architectural upgrade, Squid 2.0, which transitioned the protocol to a multi-bridge aggregator model, improving composability and integrating protocols beyond Axelar.","link":"https://www.squidrouter.com/blog/squid-2-0","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null},{"id":"eb6ec05f-a890-447c-a6cb-7bc1ca64b2ae","date":"2023-10","title":"XRP Ledger Integration","type":"DEFAULT","description":"In collaboration with Ripple and Axelar, Squid enabled the first cross-chain swaps between the XRP Ledger (XRPL) and EVM chains using Axelar's General Message Passing.","link":"https://www.squidrouter.com/blog/squid-xrpl-evm-launch","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null},{"id":"20065a51-5717-4922-9a09-d5ea13b40fa1","date":"2024-02","title":"Squid Intents Launched","type":"DEFAULT","description":"Squid introduced an intent-based execution model to improve the speed, cost-efficiency, and reliability of cross-chain swaps.","link":"https://www.squidrouter.com/blog/introducing-squid-intents-to-the-world","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null}],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"operator":{"id":"0xd5893989b9952c6568a99F854795AcC5Ae480D56"},"language":"en","version":1,"linkedWikis":{"blockchains":["ethereum","arbitrum","base","polygon","avalanche","cosmos","solana","sui","xrp","bitcoin","stellar","hedera","celo"],"founders":[],"speakers":[]},"recentActivity":"{\"items\":[{\"id\":\"268f0532-549a-4ec7-9568-e6ececdf346f\",\"title\":\"Squid\",\"description\":\"Squid is a cross-chain liquidity and messaging router built on Axelar. It enables any-to-any token swaps across 100+ chains by aggregating liquidity from DEXs and multiple bridges, offering an API, SDK, and widget for developers and dApps.\",\"timestamp\":\"2026-04-05T14:40:02.354Z\",\"category\":\"defi\",\"status\":{\"icon\":\"RiGlobalLine\",\"label\":\"Wiki Updated\",\"iconClassName\":\"text-green-500\"},\"user\":{\"name\":\"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889\",\"address\":\"0xd5893989b9952c6568a99F854795AcC5Ae480D56\"},\"button\":{\"label\":\"View Summary\",\"icon\":\"RiFileTextLine\"},\"summarySections\":[{\"title\":\"Images\",\"subtitle\":\"The image gallery was significantly updated with new and removed images, and the data structure was changed.\",\"variant\":\"modified\",\"changeCount\":7,\"changes\":[\"Added image '4c86ef9a5b1f366957e62b513f4252bf91de5b997507f80b868ddd2c0156acd8.png'\",\"Added image '1500x500.jpeg'\",\"Added image 'Cópia de Design sem nome (1).png'\",\"Added image 'Cópia de Design sem nome.png'\",\"Added image 'ppNPPF84_400x400.jpg'\",\"Removed multiple images from the gallery.\",\"Updated image data structure to use a 'thumbnail' field instead of 'type'.\"]}]}]}"}