Squid Router is a cross-chain liquidity and routing protocol built on the Axelar network that allows token swaps and transfers between different blockchains in a single transaction.
Semantic Classification
Content
- Squid Router uses the Axelar general message passing layer to coordinate swaps and bridging across chains. A user can start with one token on a source chain and receive a different token on a destination chain through a single user action.
- The protocol combines decentralised exchange liquidity on each chain with cross-chain message passing, so routing logic selects swap paths on both the source and destination networks.