Many are leaving crypto: we’re doubling down The next chapter of Squid is built on the thesis that we started with: even as fragmentation grows exponentially, we are better together Uniting the world onchain is why we exist, and we’ve proved we have the credentials and the pedigree to do it better than anyone

Squid stats in 2026 just keep going up 💫 It's our best year yet, and it's only going to get better. (trust us, we know)

More Ripples coming Monday.

Just counting my transactions for last month ✨ Wow, another ATH already??

Squid is on motion, no stopping now.

More Squids than ever last month 💫 May we see you again soon?

tfw you can swap any token on any chain

thank you to everyone who shared this what a day for context: yesterday a third-party exploit occurred unrelated to Squid's core protocol and contracts, but using our name on the affected module (!) although our user funds, approvals, and integrations were unaffected it was an exercise to manage all the misinformation out there and get the word out that Squid was completely secure grateful to everyone who reached out, offered help spreading the word, or just solidarity

There was a lot of confusion earlier today after reports surfaced about a compromised contract sharing a similar name with @squidrouter . To be absolutely clear: the incident has no connection to SquidRouter. But situations like this remind everyone why security, transparency, and reputation matter so much in crypto. At a time when the industry continues to experience exploits, bridge hacks, and smart contract failures, SquidRouter has consistently demonstrated that security is a core priority. Squid has undergone 9 separate security audits from respected blockchain security firms, including @AckeeBlockchain,@ConsensysAudits , @0xKaden, n-Var. These are firms known across the industry for reviewing complex DeFi and cross-chain infrastructure, with teams specializing in smart contract analysis, attack simulations, fuzz testing, and vulnerability discovery. Out of the 9 audits: • 6 were conducted by Ackee Blockchain • 1 by Consensys Diligence • 1 by 0xKaden • 1 by n-Var That level of repeated auditing matters. Serious protocols do not stop after one audit. Squid has continued reviewing upgrades, contract changes, and architecture improvements over time to maintain a high security standard. Even more important is how Squid is designed. Unlike many bridge protocols that custody liquidity and create massive honeypots for attackers, Squid’s architecture is built to minimize those risks. Their contracts primarily orchestrate cross-chain execution rather than holding large pools of user funds directly. And beyond the technology, the team behind Squid has earned a strong reputation throughout the cross-chain ecosystem for professionalism, responsible development, and long-term commitment to user safety. No protocol should ever claim to be “unhackable,” because security is an ongoing process in crypto. But there is a very clear difference between teams that treat security seriously and teams that move recklessly. @squidrouter has repeatedly shown it belongs in the first category.

Unrelated to @squidrouter x.com/squidrouter/status/205…

This incident is unrelated to Squid’s core protocol and contracts. All Squid users and integrators are unaffected and no action is needed. A third-party Gnosis Safe module was exploited today across Base and Ethereum, resulting in approximately $3.2M in losses. The vulnerable contract is verified on Basescan under the name “SquidRouterModule” but this contract was not built, deployed, or operated by Squid. It is a third-party smart-wallet product that chose to integrate with Squid, among other protocols, but has not been in contact with us. The exploit worked because the third-party module accepted a caller-supplied constant string as proof that a message was secure. If you pass in this string (which is publicly available in the verified contract’s code), then you can execute an array of arbitrary calldata, stealing funds at will. The victims’ Safes had added this faulty contract as a trusted Safe Module, which gives the contract the ability to spend any tokens in the Safe without signatures. Squid’s own router (0xce16F69375520ab01377ce7B88f5BA8C48F8D666) is architecturally different and was not touched. Squid user funds, approvals, and integrations are fully secure. Early public reporting may reference “SquidRouter” due to the contract’s verified name on Basescan. The accurate framing is: a third-party SquidRouterModule was exploited, not Squid’s Router contract. The contract shares our name but is not our code. We are monitoring the situation and will share updates if anything changes materially.

$USDC Dominance: How Digital Dollars Are Changing Finance Stablecoins have become one of the biggest innovations in modern finance, and USDC (USD Coin) is leading that transformation. Unlike volatile cryptocurrencies such as Bitcoin, USDC is designed to maintain a stable 1:1 value with the U.S. dollar, making it useful for payments, savings, and global transactions. Created by Circle Internet Financial, USDC has grown into one of the world’s most trusted digital currencies because of its transparency and regulatory-friendly approach. Each USDC token is backed by cash and short-term U.S. Treasury reserves, helping institutions and businesses trust its stability. One major reason for USDC’s dominance is speed. Traditional international bank transfers can take days and include high fees, while USDC transactions can settle in seconds across blockchain networks like Ethereum and Solana. This has made it valuable for freelancers, businesses, and remittance users worldwide. USDC has also improved financial inclusion. In countries facing inflation or unstable banking systems, people can store value digitally in dollars using only a smartphone and internet connection. For many users in emerging economies, stablecoins offer easier access to global finance. An interesting fact is that stablecoin companies now hold massive amounts of U.S. Treasury bills as reserves. This means digital dollar systems like USDC are indirectly becoming important participants in the traditional financial market. Major companies such as Visa and Stripe have already explored stablecoin payment systems, showing that blockchain-based finance is moving into the mainstream. USDC’s rise represents more than crypto growth, it represents the future of digital money: fast, global, programmable, and accessible to anyone online.

Ready for the next chapter of Squid 🔥 All global assets will come on chain over the next years Everyone - humans, institutions, and agents alike - will need simple access to trade and pay, to participate in the global economy Squid will connect the world, all the way up

We are proud to announce that Squid has raised $6M in funding round led by North Island Ventures and backed by strategic investors! Our new chapter has begun, with more news coming soon. Today we celebrate and say thank you. CHEERS 💫

The Squid team is small but mighty, united by a common goal and a shared passion for what we build. We believe in crypto, and crypto means every asset, accessible to everyone, anywhere in the world. We believe in Squid. Let's hear it from some members of the Squid team 🧵

One thing I really respect about @squidrouter is how seriously they take security. They’ve completed 9 audits so far. Good to see a project putting this much focus on protecting users and building safely.

.@squidrouter is currently the best route from base to BNB chain on jumper.. zero slippage and you receive more than you bridge.