Squid and Axelar launch on Fantom, Powering cross-chain token swaps through SpookySwap
The leading DEX on Fantom, SpookySwap, now offers their users access to tokens across 25 chains.
SpookySwap has enabled secure and fast native cross-chain swaps by integrating Squid’s widget
This means that users can swap from any token on any supported chain in and out of Fantom in just one click.
How to use the widget
Users of SpookySwap can now easily access the cross-chain swap feature through SpookySwap Swap page. From there, they can choose the assets they wish to swap on each chain. All swaps are facilitated by Squid and Axelar.
The collaboration marks a huge step towards a bright future for cross-chain interoperability. We look forward to furthering our integrations within the Fantom ecosystem to create a more interconnected blockchain universe and can’t wait to see what lies ahead!
Integrating Squid’s Cross-Chain Widget
The widget allows for the exchange of native tokens on Axelar-supported chains, which include both EVM and Cosmos chains. Powered by Squid’s routing protocol and built on Axelar’s fast, secure, and efficient message passing technology, the widget offers users and developers access to deep liquidity sources for a wide variety of tokens.
The widget can be customized to suit any brand using Squid’s Widget Studio. If you’re interested in integrating the widget, check out Squid’s documentation here.
Accessing liquidity everywhere
Using SpookySwap and DEXes on other supported chains for cross-chain liquidity, Squid and Axelar are working towards making cross-chain swaps and liquidity as simple, easy to use, and user-friendly as possible.
The integration allows Fantom users to access a wider range of assets directly from SpookySwap, allowing them to connect with any supported blockchain directly. It marks a major improvement in overall user experience, as users will no longer need to navigate multiple platforms to access specific tokens, and inconveniently wrapped assets become a thing of the past.
About SpookySwap
SpookySwap are the largest protocol on Fantom Opera by both TVL and volume. They were the first native decentralized exchange for the Fantom Opera network bringing new capabilities to ETH-alternative networks such as being the first DEX to implement native limit orders outside of Ethereum, and the first DEX to implement a bridge built into the interface.
Twitter | Swap app | Discord | Telegram | Blog
About Squid
Squid allows any token to be swapped between blockchains, and unlocks access to apps across chains in a single click. Use Squid to build seamless user experiences that tap into cross-chain liquidity and scale to reach anyone with a crypto wallet, no matter what chain they’re on.
Docs | Twitter | Discord | GitHub | Blog
About Axelar
Axelar delivers secure interchain communication. That means dApp users can interact with any asset, any application, on any chain, with one click. You can think of it as Stripe for Web3. Developers interact with a simple API atop a permissionless network that routes messages and ensures network security via proof-of-stake consensus.
docs.axelar.dev | axelar.network | GitHub | Discord | Telegram | Twitter.
