Cross-chain swap router built on Axelar's General Message Passing
Last updated: July 2026
Squid is a cross-chain liquidity router built on top of Axelar's interoperability network, enabling one-click any-token-to-any-token swaps across chains by combining Axelar's General Message Passing with DEX swaps on both source and destination chains. Because it's built on Axelar's decentralized PoS security model, Squid inherits that trust-minimized cross-chain foundation rather than relying on a federated bridge, which is part of its appeal. Squid handles the full flow — swap your source token, route it across chains via Axelar, and swap into the destination token you want — in a single transaction, and it's embedded as the cross-chain engine in many wallets and dApps. It's particularly strong for routes involving Axelar-connected ecosystems, including Cosmos. The trade-offs: its security and reach are tied to Axelar (a strength for decentralization, but it means Axelar's model and chain coverage define Squid's), so it's not a universal aggregator of every bridge like LI.FI; latency reflects Axelar's cross-chain finality; and cross-chain swaps carry inherent risk. But for users and developers who want one-click cross-chain swaps built on Axelar's decentralized interoperability — with clean any-to-any routing and Cosmos reach — Squid is a well-regarded and widely-integrated router.
Squid offers a free plan.
Squid
Free
| Feature | Squid |
|---|---|
| Settlement Time | ~1-10 min |
| Bridge Model | Router on Axelar GMP |
| Fee Model | Swap + Axelar fee |
| Canonical Security | ✓ |
| Cross Chain Messages | ✓ |
| Governance Token | ✗ |
| Multi Chain | ✓ |
| Self Custody | ✓ |
| Arbitrary Messaging | ✓ |
| Non Evm Support | ✓ |
Yes, Squid has a free plan.
Squid is used for cross-chain swap router built on axelar's general message passing. It's primarily used by Web3 teams in the Cross-Chain Bridges category.
See our full alternatives comparison at https://chainpick.io/alternatives/squid-router.
Squid has a rating of 4.2/5 based on 88 reviews. Key strength: Built on Axelar's decentralized security. Main limitation: Security and reach tied to Axelar.