Cross-Chain Swaps
At Blockchain.com, we are committed to pushing the boundaries of decentralized finance, in 2023 we announced 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 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.
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