Immutable X recently onboarded Squid, its newest strategic partner. This integration allows users to easily exchange tokens across chains. This partnership aims to drive innovation in the web3 gaming space while ensuring top-notch security for the users.
Get access to Immutable and the entire gaming ecosystem via @squidrouter!
Squid is now live on Immutable Passport and Toolkit.
Immutable zkEVM is one of the fastest growing chains in history and Squid now offers trading options at the fingertips for all gamers.… pic.twitter.com/5P7KzUE3eq
— Unchangeable (@Unchangeable) August 26, 2024
Squid is a cross-chain liquidity router that allows anyone with a crypto wallet to exchange their assets between blockchains and access applications across different chains. Squid makes switching tokens between chains as convenient and user-friendly as possible. It can save you time and effort by finding the route for you and combining all required interactions in one click. With Squid you can access apps and switch between chains in less than 20 seconds: any item, any chain, all with one click.
More about this integration between Squid and Immutable
Immutable It is the leading platform for building web3 games on Ethereum. With the mission to power the next generation of Web3 games, Immutable
Immutable zkEVM is a gaming chain built on Ethereum that allows game developers to introduce custom digital ownership and Web3 mechanics into their games. This section contains information about the immutable zkEVM platform, including its blockchain specifications and configuration. It is one of the fastest growing chains in history and Squid now offers trading options at the fingertips of all gamers.
With Squid on board, Immutable X users can:
- Cross-chain swaps: Users can swap tokens between different chains seamlessly.
- Bridging: Users can bridge tokens between chains safely and quickly.
- Cross-chain NFT purchases: Use Squid’s Buy Widget to purchase NFTs on marketplaces using any item.
On the other hand, Squid also brings a number of use cases for developers:
- Cross-chain contract interactions: Ensure your product’s users can interact and onboard from any supported chain.
- Cross-chain asset purchases: Users can purchase NFTs or assets from any chain.
- Cross-chain Staking: Allow users to stake from any chain on your protocol.
- Multi-chain development: Enable multi-chain GameFi or DeFi by integrating pre- and post-contract hooks for cross-chain interactions.
Finally, this partnership aims to increase web3 adoption while innovating.