Squid Protocol Launches Cross-Chain Token Swaps
Squid Protocol Launches Cross-Chain Token Swaps
🦑 Cross-Chain Just Got Simpler
Squid Protocol has introduced native token swaps across multiple blockchain networks. The protocol leverages existing DEXs to facilitate seamless cross-chain transactions.
Key features:
- One-click transactions between applications
- Support for any native token
- Integration with Axelar's message passing system
- Compatible with SDK, Front End, and direct contract interaction
Users can now execute cross-chain operations like NFT purchases, DeFi interactions, and gaming transactions without multiple wallet signatures.
Babylon Genesis Launches on Squid with Cross-Chain Integration
Babylon Genesis blockchain has officially launched on Squid, enabling cross-chain functionality across 70+ networks. Key features include: - Native BABY token bridging across supported ITS chains - BTC staking rewards accessibility - Integration with popular DeFi platforms like EtherFi, Kinza Finance, Lorenzo Protocol, and Tower The platform leverages Axelar Network for seamless cross-chain operations and optimal liquidity routing. Users can now access Babylon's ecosystem through [Squid's interface](https://app.squidrouter.com/?chains=42161%2Cbbn-1&tokens=0xff970a61a04b1ca14834a43f5de4533ebddb5cc8%2Cubbn).
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.
Squid Protocol Launches on Gnosis Chain
Squid Protocol expands its cross-chain capabilities by integrating with Gnosis Chain. The protocol now enables seamless token swaps and transfers between Gnosis and other supported networks through existing DEXs. Key features: - One-click cross-chain transactions - Integration with Axelar's message passing - Support for native token swaps - Composable with existing DeFi protocols Users can access these features via SDK, frontend interface, or direct contract interaction.