Try Quests to earn AXLChain Swaps
As of February 23rd, users can now perform cross-chain transfers into 13 different Cosmos Chains using Squid Router on the Axelar Network. This development has significant implications for blockchain interoperability and enables users to transfer digital assets between different Cosmos-based blockchains more easily and efficiently.
Overall, the ability of Squid Router on Axelar Network to facilitate cross-chain transfers between Cosmos chains has significant implications for the future of blockchain interoperability. A comprehensive dashboard analyzing the performance of Squid Router can help users and developers better understand the impact of this important update and ensure that the network continues to operate effectively and efficiently.
In this dashboard, I conducted a thorough analysis of the Squid router following the announcement on February 23rd that users could now swap between 13 different Cosmos chains. To gain a comprehensive understanding of this event, I explored the Cosmos chains as destinations, the EVM chains as source chains, and the most popular routes among senders.
To conduct this analysis, I leveraged the Flipsidecrypto database and specifically used the ez.squid table from the axelar.core schema. I then filtered the 13 Cosmos chains that were mentioned in the announcement, including Osmosis, Assetmantle, Comdex, Crescent, Evmos, Juno, Kujira, Agoric, Secret, Stargaze, Terra2, and Umee.
The filter I used was as follows:
destination_chain in ( 'agoric', 'assetmantle', 'comdex', 'crescent', 'evmos', 'juno', 'kujira', 'osmosis', 'secret', 'stargaze', 'terra2', 'umee' )
It's worth noting that Regen Network was also mentioned in the announcement, but I was unable to find it in the Squid table.
What is Squid router?
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.
