In this analysis, you will read about the Squid router on the Axelar chain. As of February 23rd, users could swap into 13 different Cosmos Chains through Squid.

New Supported chains are Juno, Regen, Umee, Kujira, Secret Network, Evmos, Comdex, AssetMantle, Terra, Crescent, Agoric, Osmosis, and Stargaze.

Following Axelar launch on the mainnet last year, several platforms with distinct features have utilized GMP. One such platform is Squid Protocol, which leverages Axelar's General Message Passing functionality to route liquidity cross-chain and enable cross-chain swaps. This is accomplished through smart-contract calls across numerous chains. Using Squid and Axelar, users can smoothly exchange tokens from one blockchain to another on a unified platform.

The Medium article by Squid lists the 13 supported chains accessible through their platform. You can access the article by following this link: https://medium.com/@squidrouter/squids-first-journey-to-the-cosmos-onboard-into-13-cosmos-chains-from-anywhere-5c8be7ab491e

Please note that the charts in this Dashboard are based on US dollars, and the start date for the data is February 23, 2023. Also, Sqiud Supports other Cosmos chains like Cosmos Hub and Axelar, but I only examine new chains.

The Routes overview charts created by highcharts.com