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Clarify Chainflip and Squid router
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muddlebee authored Nov 15, 2024
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Expand Up @@ -46,7 +46,7 @@ Our DEX aggregation thesis aligns closely with Rob's vision for the [evolution

A similar success story can be seen with the Jupiter DEX aggregator on Solana, which has greatly improved trading efficiency by aggregating liquidity across multiple DEXs, offering users the best prices with minimal slippage. I’ve shared some [key statistics](https://www.notion.so/Jupiter-on-Solana-A-Success-Story-10da0d44e13d80aea29dc771f76b67a6?pvs=21) that demonstrate Jupiter's impact on Solana.

On a related note, cross-chain DEX solutions are gaining momentum. we recently came across a research paper by [LiquiSpell](https://www.frontiersin.org/journals/blockchain/articles/10.3389/fbloc.2024.1413840/full), a novel protocol unifying liquidity across multiple parachains within the Polkadot ecosystem. Other cross-chain DEX solutions like [Chainflip](https://chainflip.io/) and [Squid router](https://www.squidrouter.com/) on the Axelar Network and upcoming [Hyperbridge](https://hyperbridge.network/) are also seeing traction.
On a related note, cross-chain DEX solutions are gaining momentum. we recently came across a research paper by [LiquiSpell](https://www.frontiersin.org/journals/blockchain/articles/10.3389/fbloc.2024.1413840/full), a novel protocol unifying liquidity across multiple parachains within the Polkadot ecosystem. Other cross-chain DEX solutions like [Chainflip](https://chainflip.io/) and [Squid router](https://www.squidrouter.com/) on the Axelar Network are designed to connect major blockchain networks like Ethereum, Layer 2s, Solana, and others. [Hyperbridge](https://hyperbridge.network/) is also seeing traction and indicate a growing interest in seamless cross-chain liquidity.

Teams like Velocity Labs are advancing AssetHub integration beyond the Polkadot ecosystem, focusing on areas such as CEXs, onramps, and oracles. Their recent announcement regarding [AssetHub integration for custodians](https://medium.com/velocity-labs/improving-user-experience-for-polkadot-assets-the-ultimate-guide-for-custodians-706800a540b6) is an encouraging development.

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