Squid DEX is a decentralized exchange built on the Axelar Network, which is a decentralized interoperability platform. The Axelar Network enables the interoperability of different blockchain networks, allowing for the seamless transfer of assets between them.

Squid DEX leverages the Axelar Network to provide a decentralized trading platform for various digital assets across multiple blockchains. The platform allows users to trade assets without relying on a centralized intermediary, which provides greater security and privacy.

The Squid DEX platform is designed to be fast, secure, and user-friendly, making it easy for traders to buy and sell digital assets. It also supports limit and market orders, as well as liquidity pools, which provide a more efficient mechanism for price discovery and trading.

Overall, Squid DEX on the Axelar chain provides a decentralized trading platform that offers cross-chain interoperability, security, privacy, and a user-friendly trading experience for digital asset traders.