Squid Protocol Launches Cross-Chain Token Swaps

Squid Protocol has launched its mainnet for cross-chain token swaps, enabling seamless transactions across multiple blockchains. The protocol leverages existing DEXs and Axelar's infrastructure to facilitate native token exchanges. Key features: - One-click cross-chain transactions - Integration with existing DEX liquidity - Support for native tokens across networks - SDK and direct contract interaction options The launch marks a significant step toward simplified cross-chain interoperability, allowing users to execute multi-chain transactions without managing multiple wallets or signing multiple times.

Squid, the cross-chain DEX aggregator, has maintained consistent trading performance with **$105 million** in 24-hour trading volume reported on consecutive Mondays in July 2025. This follows significant growth from May 2025, when the protocol reached $4 billion in cumulative volume. - July 11 & 14: $105M daily volume - May 29: $4B total volume milestone The sustained high trading activity suggests growing adoption of cross-chain trading solutions.

Squid Protocol has announced plans to expand its cross-chain infrastructure to support 100 blockchain networks by July 2025. This significant scaling follows their Stage 1 deployment across OP Stack Chains on the Superchain, initiated in August 2024. Key developments: - Integration with existing DEXs for native token swaps - Cross-chain functionality via Axelar's message passing - Single-transaction capability across multiple chains This expansion aims to streamline multi-chain interactions for NFTs, DeFi, and gaming applications.

**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 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.