Whats Squid Router?

Squid Router is a cross-chain router built on the Axelar network, enabling users and developers to easily access cross-chain liquidity. It offers native-to-native cross-chain swaps, replacing bridges with 1-click cross-chain swaps. The project has recently raised $3.5 million in funding from top investors like North Island Ventures, Distributed Global, and Fabric Ventures.

Squid Router has a smart contract on every EVM chain, which allows it to execute swaps and communicate with other chains using Axelar's general message passing. This means that it doesn't require locking up assets on a bridge, making it more secure and efficient.

Squid Router has been making waves in the crypto community, with users like @pangestu_karon and @baycjoker praising its functionality and low fees. It's also gained attention for its recent collaboration with @native_fi and @ecdsafu for DeFi Night.