Squid is officially turning one at the end of January! So we’re spending the month celebrating our milestones from 2023, and sharing our appreciation for the mighty community of Squid members, and our ecosystem of Squid powered chains, protocols, and DEXs. We have a lot of exciting things in store, leading up to the big day and for all of 2024. And we can’t wait to share more about where we’re headed this year.
Last week, we shared some of our favorite moments from 2023 on Twitter. We might be biased, but it’s packed full of fun (and includes super important information 👀). Click here to see the thread and travel to the very first transaction powered by Squid, our first IRL event, and the legendary Squid Boost Grand Prix. Take a metaphorical ride on our Squid sponsored rollercoaster, rocket to space with a Bad Kid, and more.
Today, we’re diving into our cross-chain milestones from last year. From volume, to users, to time saved by Squid Boost. And of course our updated ecosystem list of Squid supported chains, integrated protocols, DEXs, wallets, marketplaces, and more.
Boost Across Chains with Squid
In under a year, Squid has routed $900m+ in swap volume across and between Cosmos and EVM chains. Wen $1b? 😎 Squid has reached 200k+ active users, with an average swap time of just 21 seconds with Squid Boost.
December was our most popular month of 2023. We had all-time highs in every recorded area, with $173m in volume routed, 75k+ transactions, and 40k active users.
Can you guess how much time has been saved overall by Squid users since Squid Boost introduced 20 second swaps? According to boost.squidrouter.com, 1875 days. Meaning that since July, Squid Boost has saved users a total of FIVE years!
The chain with the most time saved is Arbitrum, where the average time to swap is 30 minutes. With Squid Boost, swaps across Arbitrum are typically completed in just 20 seconds. However, Squid Boosted swaps from Polygon to Kava currently lead the race, taking just 1 second to complete.
And this only includes time saved from using Squid App itself, not from partners and Squid integrated platforms. Add all of those up, and we’re basically aging DeFi users in reverse. Because we support a lot of one-click functionality across chains and projects, specifically👇
Squid Supported Chains
Let’s start with the 66 chains we currently support. Squid powers cross-chain swaps to, from, and between Cosmos and EVM chains. This means you can swap assets you already have in your wallet on one chain to your preferred token on another chain. In just 1 click.
EVM Chains
Ethereum, Arbitrum, Avalanche, Optimism, Polygon, Base, Linea, BNB Chain, Mantle, Fantom, Moonbeam, Celo, Scroll, and Noble.
Cosmos Chains
Osmosis, Cosmos Hub, Kujira, Neutron, Stargaze, Axelar, Umee, Secret, Persistence, Sommelier, Stride, Crescent, Terra, Juno, Evmos, Carbon, Regen, Agoric, Injective, Chihuahua, Akash, Comdex, Archway, Quicksilver, OmniFlix, Migaloo, Mars Hub, Terra Classic, AssetMantle, Gravity Bridge, BitCanna, BitSong, Cheqd, Decentr, Desmos, IRISnet, Impacthub, Jackal, LikeCoin, Lum Network, Sentinel, Noble, Nolus, Kava IBC, dYdX, and Celestia.
We are constantly adding chain support, so stay tuned for future updates! And be sure to check out The Squid Guide to Cosmos published earlier this month for more information on supported Cosmos chains and how to swap across and between Cosmos chains.
Squid Integrated DEXs, Wallets, NFT Tools, and more!
Our mission at Squid is to enable ease and accessibility across chains, for both users and developers. We proudly offer Squid’s API and SDK as support to everyone, no matter the chain. With ease of integration and seamless results, Squid is empowering teams and users with the ultimate onboarding experience.
Integrated DEXs: PancakeSwap, Osmosis, SpookySwap, StellaSwap, QuickSwap, Native, Kyberswap, Zyberswap, Ramses, Thena, Velocimeter, Équilibre, and more.
Integrated DeFi Projects: dYdX, Vertex Protocol, Vela, Ondo Finance, and more.
Integrated Wallets: Trust Wallet, Leap Wallet, MetaMask, Cosmostation, XDEFI, Valora, Blockchain.com, Ledger, and more.
Integrated NFT Marketplaces & Tools: Decentraland, Stargaze, Decent, Singular, ZooDAO, and of course our very own checkout.squidrouter.com.
We strive to continue enhancing the user experience from onboarding to off-boarding, and we encourage all interested projects to explore our integration docs here: docs.squidrouter.com.
Squid Community Appreciation
We’d like to especially thank all members in the Squid community for your early and continued support. We have some special plans centered around the Squid community for next week, and can’t wait to continue celebrating with you all. For a taste of what’s to come, we just released our limited edition mint of our 1st Bday Badge!
You can mint your very own badge by clicking above OR via birthday.squidrouter.com to get the exclusive Squid’s 1st Bday role in our Discord, which will unlock special access to our bday channels 🎉 Including our limited edition candle game, where the competition is heating up, the candles are adding up, and the cake just keeps on getting bigger.
Minting is available up until Jan 31st at 11:59:59pm UTC, so get your exclusive bday invite while you can! Bday Badge NFTs are non-transferrable and limited to 1x per wallet. Minting was deployed and is live on Squid’s updated NFT Checkout! You can mint your birthday badge using any asset, from any chain.
And to the Squid community, we certainly appreciate all of your appreciation. Flattery is the way to our Squid hearts <3 and the fuel to our 24/7 efforts! Just a few examples below on our ‘Squid’s the best’ bulletin board to show how awesome Squid users are at showing their cross-chain admiration.
Please note: constructive criticism also accepted, yet appreciated only when kindly given. No, we will not be showing our ‘Squid Sucks’ bulletin board. Nightmare fuel… which, ironically, also keeps us up 24/7.
Looking Forward
We hope you enjoyed our 2023 milestones across chains and projects! That’s all we have (for now). So stay tuned because we have even more bday fun in store, Squids 🎂
Please Note
This blog is provided for educational and informational purposes only. This is not investment advice or a recommendation or solicitation for on-chain participation in any mentioned chains, tokens, or assets. Please do your own research before swapping any on-chain assets.
About Squid
Squid is a secure cross-chain router that enables interoperability between blockchains and apps. Squid enables single-click cross-chain actions such as token swaps, purchases, deposits, and staking. These contract calls are easily integrated via its API, SDK, and front-end components. Developers can use Squid to onboard users from any blockchain and create scalable, seamless user experiences for anyone with a crypto wallet.