Squid Cross-Chain Protocol Updates
Squid Cross-Chain Protocol Updates
🦑 Squid Gets Even Smoother
Squid, a cross-chain protocol enabling seamless token swaps across different blockchains, continues to enhance its infrastructure. The protocol leverages existing DEXs to facilitate native token transfers between chains through multiple access points:
- SDK integration
- Front-end interface
- Direct contract interaction
Key features:
- Composable swaps via Axelar's message passing
- Single-transaction cross-chain operations
- Multi-chain DeFi and NFT marketplace compatibility
- Unified wallet experience
Users can now execute complex cross-chain transactions without multiple wallet signatures or downloads.
Silky, smooth, seamless ✨ Squid ✨
HyperEVM Launches on Squid with Multi-DEX Integration
**HyperEVM**, a new Ethereum-compatible layer on Hyperliquid blockchain, has launched on the Squid cross-chain protocol. The integration enables users to: - Access multiple DEXs including Hyperswap, Ramses Exchange, and Kittenswap - Bridge assets from major blockchains - Trade tokens like HYPE, PURR, and USDT0 Key features include low transaction fees, high processing speed, MEV protection, and minimal slippage. Users can access all services through [Squid's interface](http://app.squidrouter.com/hyperevm).
Soneium Blockchain Goes Live on Squid with Multi-Chain Integration
Soneium, a new blockchain platform focused on creative expression, has launched integration with Squid router. The platform aims to democratize content creation through blockchain technology. Key features: - Multi-chain bridging and token swapping capabilities - Integration with DEXs including Sonex and Kyo Finance - Single interface for all cross-chain operations - Support for ecosystem tokens and liquidity pools The platform emphasizes accessibility and creative empowerment, positioning itself as a hub for developers, artists, and brands. Learn more at [Soneium Ecosystem](https://soneium.org/en/ecosystem) or start using the platform at [Squid Router](http://app.squidrouter.com/soneium)
CORAL Integration Expands with MetaMask Partnership
**CORAL's cross-chain swapping solution** continues to gain traction with major integrations, most notably MetaMask's recent implementation for fast and cost-effective routes. Key features: - Sub-5 second transaction completion - 90% reduction in gas fees - Zero slippage guarantee - Smart batching system - Combined onchain and offchain liquidity via RFQ auctions Currently live on Ethereum, Base, Arbitrum, BNB Chain, and Linea, with Avalanche and Optimism support coming soon. Learn more at [Squid Documentation](https://docs.squidrouter.com/api-and-sdk-integration/coral-intent-swaps)
Squid V1 Sunset Announcement: Migration to V2 Required by March 12
Squid Router has announced the retirement of Squid V1, scheduled for March 12th. The cross-chain routing protocol is completing its transition to Squid 2.0, which launched in September 2024 with improved architecture for multi-hop transactions. Key points: - Most integrators have already migrated to V2 - Migration documentation available at [Squid docs](https://docs.squidrouter.com/migration/v1-greater-than-v2-migration) - New platform accessible at [app.squidrouter.com](http://app.squidrouter.com) Integrators still using V1 should initiate migration before the shutdown date to ensure uninterrupted service.