Swapping tokens across chains can be cumbersome, confusing, and expensive. Further, bridges are often weak points in terms of security, with numerous bridge hacks over the last few years. Tokens sent through a bridge are locked on the native chain and then wrapped as a token on the destination chain, such as wLUNA or pBTC. As a result, many investors opt to use centralized exchanges for moving tokens from one blockchain to another.
And that's why Squid is here! The Squid DEX will allow any user across 25 chains to swap native tokens with one click. Its developer tools are provided as an “API and SDK alongside an easily implementable and customizable widget.(Source)
On 23 Feb 2023, Squid added the ability of transferring to 13 IBC chains from all supported EVM chains. Users can easily transfer assets to Cosmos-based chains using Squid with some simple clicks.
In this dashboar I'll track the inflows to this 13 chains and compare the chains' status in Squid toghether with the help of the axelar.core.ez_squid
table. For finding the transactions related to each chain I simple used the DESTINATION_CHAIN
of each chai, which you can see here: 'assetmantle','osmosis','evmos','secret','comdex','crescentb','carbon','kujira','juno','terra2','stargaze','umee','agoric'