Introducing Cross-Chain Swaps with Axelar on our DEX Aggregator
Blockchain.com introduces Axelar/Squid integration for cross-chain DEX trading, revolutionizing asset swaps across Ethereum, Polygon, Arbitrum, and BNB Smart Chain.
At Blockchain.com, we are committed to pushing the boundaries of decentralized finance, and today, we are thrilled to announce a groundbreaking addition to our DEX aggregator that will revolutionize the way you trade assets across different EVMs.
Cross-Chain Swaps in Seconds with Axelar/Squid Integration
We are proud to introduce Axelar, in collaboration with Squid, as our new cross-chain DEX aggregator. Axelar is the underlying platform that powers Squid, a protocol designed for fast and liquid cross-chain swaps. This integration will empower users to trade assets between Ethereum Mainnet, Polygon, Arbitrum and BNB Smart Chain, unlocking a world of possibilities for decentralized trading.
How It Works: Unlocking Cross-Chain Liquidity
Axelar's innovative technology facilitates cross-chain liquidity through Squid, allowing users to trade assets across different EVMs. The Squid Boost feature enables fast-finality swaps that settle in seconds. From now on, same-chain swaps will be processed through 1inch, while cross-chain swaps will be handled through Squid/Axelar.
Squid: Navigating the Seas of Cross-Chain Trading
Squid acts as the protocol layer, ensuring a smooth and secure experience for cross-chain swaps. It enables users to trade assets on one EVM for assets on another EVM, all within the Blockchain.com DEX aggregator.
Why Cross-Chain Swaps Matter
Cross-chain swaps offer a host of benefits, including enhanced liquidity, reduced slippage, and increased trading opportunities. With Axelar and Squid, we are bringing these advantages to the fingertips of our users, empowering them to explore and trade across multiple EVMs in seconds.
Learn More About Axelar and Squid:
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Axelar: axelar.network
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Squid: squidrouter.com
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Axelar Blog on Cross-Chain Liquidity via Squid: Read Here
Dive Deeper into Decentralized Exchanges and our DEX Aggregator:
Join Us on the Cross-Chain Journey
With Axelar and Squid, we are taking a significant step towards a more interconnected and efficient decentralized trading ecosystem.
Get ready to unlock a world of possibilities with our new cross-chain swaps feature—trade in seconds across EVMs like never before!
The Blockchain.com DEX Aggregator is not available in the US.
This information is provided for informational purposes only and is not intended to substitute for obtaining accounting, tax or financial advice from a professional advisor. The purchase of crypto entails risk. The value of crypto can fluctuate and capital involved in a crypto transaction is subject to market volatility and loss. Digital currencies are not bank deposits, are not legal tender, and are not backed by the government. Blockchain.com’s products and services are not subject to any governmental or government-backed deposit protection schemes. Legislative and regulatory changes or actions in any jurisdiction in which Blockchain.com’s customers are located may adversely affect the use, transfer, exchange, and value of digital currencies.
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