Blockchain.com Goes Cross-Chain with Squid + Axelar - Squid

As one of crypto’s earliest pioneers, Blockchain.com has continued to innovate and push the boundaries of decentralized finance. Just a few months ago, Blockchain.com opened their DeFi doors with the launch of their very own DEX Aggregator. And today, we join them in announcing the cross-chain expansion of Blockchain.com DEX Aggregator, powered by Squid and Axelar.

Squid brings cross-chain swaps to Blockchain.com

With Squid’s integration, Blockchain.com DEX Aggregator users can now seamlessly send their assets across different networks. Squid has enabled cross-chain support for several EVMs, including: Ethereum Mainnet, Polygon, Arbitrum, and BNB Smart Chain. And with cross-chain swaps comes enhanced liquidity, reduced slippage, increased opportunities, and…

With the Squid Boost feature, cross-chain swaps are completed in a matter of seconds. Squid handles all of the complicated and confusing parts for you, not only saving you time, but adding hours to your day (literally). Swapping assets cross-chain from your Blockchain.com DeFi Wallet is as simple as it is fast 👇

Check out the guides below for swapping cross-chain and see for yourself on Blockchain.com:

https://www.blockchain.com/blog/posts/blockchaincom-dex-aggregator

How to swap cross-chain on Blockchain.com’s DEX Aggregator

Swapping cross-chain is easy for both new and existing Blockchain.com users. We’ll use the below example for both:

How to swap USDC to Ethereum (ETH) on Blockchain.com DEX Aggregator

Example 1: If you’re a Blockchain.com user with USDC in your DeFi Wallet

Step 1: Login to your Blockchain.com App and switch to DeFi mode

Step 2: Click the DEX icon in the bottom banner

Step 3: Select USDC and the amount you’d like to swap

Step 4: Select Ethereum (ETH) as your swap to token

Step 5: Click Preview Swap, review your transaction, and click confirm

Example 2: If you’re not a Blockchain.com user and have USDC

Step 1: Sign up for a Blockchain.com Wallet here

Step 2: Switch to DeFi mode, and click review in the middle panel

Step 3: Search for USDC in your Blockchain.com DeFi Wallet

Step 4: Complete your swap via the steps above

But what does this all mean?

Well for starters, Squid is making cross-chain more accessible on a grander scale, from cross-chain liquidity to cross-chain swaps. The on-chain experience should be seamless for both users and devs, across all chains, exchanges, and ecosystems. Squid provides the integration tools for all projects to have access to cross-chain functionality.. And in the spirit of innovation and boundary pushing within defi, Blockchain.com’s DEX Aggregator just got the ultimate Squid Boost.

About Squid

Squid is a secure cross-chain router on Axelar Network that enables interoperability between blockchains and applications. Squid is easily integrated via their API, SDK, and front-end tools that facilitate fast and reliable single-click transactions and token transfers. Developers can use Squid to onboard users from any ecosystem and create scalable, seamless user experiences for anyone with a crypto wallet.

About Axelar

Axelar delivers secure interchain communication. That means dApp users can interact with any asset, any application, on any chain, with one click. You can think of it as Stripe for Web3. Developers interact with a simple API atop a permissionless network that routes messages and ensures network security via proof-of-stake consensus.

About Blockchain.com

Blockchain.com got its start as an early pioneer of key infrastructure for the bitcoin community. First, with a Blockchain Explorer that enabled anyone to not only examine transactions and study the blockchain, but an API that enabled companies to build on Bitcoin. With the newly launched Blockchain.com DEX Aggregator, you can access a range of decentralized exchanges to swap thousands of tokens on the Ethereum and Polygon blockchains right from your Blockchain.com DeFi Wallet, without ever giving up control of your crypto.

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