Cross-Chain Swaps in Seconds (with Squid)

In today’s episode, we discuss Squid, a project enhancing
blockchain interoperability, with its co-founder, Fig. Squid
allows seamless token swaps and application access across
multiple chains, facilitated by its integration with the Axelar
Network. We delve into how Squid supports complex transactions
across 63 chains, leveraging existing DEX liquidity for efficient
operations, and its role in addressing the challenges of
blockchain interoperability.


Fig also gives us a showcase of Squid and how easy it is to swap
tokens from one blockchain to another.


Fig provides insights on Squid’s technical infrastructure, how
safe it is compared to other forms of bridging and reveals future
growth plans such as expanding to Polkadot!


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Timestamps:


00:00 - Intro


04:30 - What is Squid?


08:25 - Connecting 60+ blockchains


11:50 - Use Cases


13:30 - App Showcase (Cross-Chain-Swap)


20:10 - Partners, Revenue-Share & Routing


25:12 - Platform Lock-In vs. Optionality


36:00 - Competitors


39:40 - Why Axelar?


45:40 - Gas Fee Tokens


48:00 - Growth Plans & Polkadot Launch


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Links / Additional Material:


Squid Homepage: https://www.squidrouter.com/


Squid App: https://app.squidrouter.com/


Fig on X/Twitter: https://x.com/ecdsafu


Squid on X/Twitter: https://x.com/squidrouter


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Disclaimer:


TEACHMEDEFI is a provider of entertainment and opinions. We are
neither a broker/dealer nor an investment advisor. This is not a
service for issuing or receiving financial or investment advice.
None of our content constitutes a recommendation – or should be
understood as such – to conduct transactions in securities,
cryptocurrencies, or crypto-assets, or to engage in any of the
investment strategies presented in our discussions or provided
content. We do not provide personalized recommendations or views
on whether a stock, cryptocurrency, crypto-asset, or investment
approach is suitable for the financial needs of a particular
individual.