Squid originally supported bridging from 9 chains, including Ethereum, Arbitrum, Polygon, Avalanche, Binance, Fantom, Moonbeam, Celo, and Kava, but now supports bridging to 13 Cosmoshub chains. This dashboard provides an overview of this newly added Cosmoshub (IBC) chains as the destination of bridges.
Introduction
Squid facilitates seamless token swaps between blockchains, making it easy to access apps across different chains with just one click.
Initially, Squid supported bridging from 9 chains, including Ethereum, Arbitrum, Polygon, Avalanche, Binance, Fantom, Moonbeam, Celo, and Kava. However, recently, it faciliates bridging tokens into into 13 Cosmos chains from the xisting possible origins.
This dashboard, built on Squid Flow App, provides an overview of the newly added Cosmoshub chains as the destination of bridges. First we portray how the chains are targeted as a destination of bridge through Squid. Then we will focus on sources and present what from what sources tokens bridged into the 13 chains. And finally we conclude with illustrating the volume and number of bridges breaking down into sources and targets.
For more visualizations and in-depth analysis on Squid, you can check out the Squid Flow app developed by SocioCrypto.
For a comprehensive analysis of Squid flow, including its usage in DEXes check out Squid DEX Usage Dashboard.
Methodolgoy
In this dashboard, we utilize Squid's easy-to-use table of Flipside's Axelar schema to present an overview of the popularity and performance of the following 13 Cosmoshub chains:
We provide a detailed portrayal of the volume and intensity of assets that are transferred into the above-mentioned chains by leveraging Squid Router, along with insights into how this has changed over time.
Instead of solely focusing on the destination chains, we also examine the sources and interconnections of the source and target. We analyze which source-target pairs are most popular based on the number and volume of transfers and the number of users.
Furthermore, the dashboard includes a leaderboard ranking chains based on their popularity.
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