Squid Router
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Squid utilises existing DEXs to swap and send any native token between chains. This can be done via our SDK, Front End or Contracts directly. Swaps are composable with Axelar's generalised message passing, so Squid can enable one-click transactions between any application and any user, using any asset. Buy NFTs from any marketplace, use multi-chain DeFi, play a game on another chain, all without signing multiple transactions or downloading multiple wallets.
Squid lets users swap to USA₮ stablecoin on Celo
Squid Router now supports swapping any token to USA₮, the US Dollar stablecoin, on Celo from 100+ chains directly through Squid. The post responds to the newly live USAT Mainnet Faucet, built by Self and Google Cloud, which lets verified humans claim USA₮ — issued by Anchorage and supported by Tether.
$QUID token from Squid Router launches on Base
Squid Router's native token launched on August 4, 2026 at 1pm UTC on Base. The token is named Squid with ticker QUID, at contract address 0x1a44233fae8d50f1aeb3a5d58dd426ff4814cb53 — the only live QUID token, with no copies on other chains.
- Public sale participants access allocations via Kraken Listings and Legion guidance.
- On-chain liquidity is provided through PancakeSwap Infinity on Base, enabling trading and LP provisioning from launch.
- QUID is tradable on exchanges, apps, and directly on Squid; staking went live shortly after with no lockup or exit fees and rewards available immediately.
Squid Router launches native $QUID token on Base
Squid Router's native Squid token (QUID) went live on Base at 1pm UTC, with PancakeSwap Infinity liquidity and staking, following a TGE with a public sale allocation.
Squid launches native $QUID token
Squid's native token $QUID went live at its token generation event, becoming tradable and stakable on Squid and other apps, with Binance Alpha among early listing venues.
Squid raises $6 million led by North Island Ventures
Squid announced $6M in funding led by North Island Ventures, with investors including Ripple, Dialectic, Borderless, Scenius Capital, Altos, and Arche Capital, to expand its consumer product offering.
Squid raises $4 million strategic funding
Squid announced $4M in strategic funding led by Polychain Capital, with participation from Nomad Capital, North Island Ventures, Maelstrom, Chorus One, and others to expand chain and dApp support.
Squid launches Boost for sub-20 second cross-chain swaps
Squid and Axelar introduced Boost (Axelar's GMP Express), a speed overlay that cut cross-chain swap settlement time from up to an hour to under 20 seconds, using service-provider fronting.
Squid launches on mainnet
Squid launched on mainnet with support for 25 chains, including interoperability between EVM chains and the Cosmos ecosystem, built on Axelar's general message passing.
Squid raises $3.5 million seed round
Squid announced a $3.5M seed round led by North Island Ventures, with participation from Distributed Global, Fabric Ventures, Galileo, Chapter One, and Node Capital, plus support from Axelar.