New BridgeSwap Integration: Squid and Axelar
Access all large native assets across 25 EVM and Cosmos chains
We are excited to announce that we have integrated Squid and Axelar into BridgeSwap. This integration means the Pangolin community can swap from 8 chains to 25 EVM and Cosmos chains directly from the Pangolin UI.
Squid x Axelar
Squid is a cross-chain swap and liquidity routing protocol built on the Axelar Network. Squid routes all its transactions through axlUSDC/USDC stable swaps pools, and USDC/native token pools. This leveraging minimizes the number of liquidity pools which need to be capitalized to achieve efficient liquidity across every token.
Axelar is a proof-of-stake blockchain network built using the Cosmos SDK. It has its own permissionless set of validators which securely process cross-chain messages through quadratic voting. This offers secure cross-chain communication via Axelar. Cross-chain communication allows builders to create experiences where users can connect their assets to applications without having to think about where their assets live, or where the applications live.
More Assets, More Chains
BridgeSwap is being built to handle cross-chain swaps on as many assets and chains as possible. Integrating Squid and Axelar opens the doors to new EVM and Cosmos chains where users can easily move assets quickly and securely.
We are building towards a chain-agnostic future where users onboard to multiple chains with a few clicks. This is the next step to building that future right here at Pangolin.
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. Squid is powered and secured by Axelar Network, an interoperability protocol and cross-chain infrastructure layer.
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About Axelar
Axelar is a universal interoperability platform that connects all blockchains through a decentralized network and a suite of protocols and APIs.
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About Pangolin Exchange
Pangolin is a multichain decentralized cryptocurrency exchange (DEX) on the Avalanche, Songbird, Flare, and Hedera Networks. Through advanced tooling, deep liquidity, and smooth onboarding, Pangolin offers easy swaps and a great experience for both projects and traders.
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