Allbridge vs Squid

How Allbridge vs Squid compare on our ratings, bridge specs, funding, pros and cons.

VS
Squid4.4/5
Feature
Ratings
Our score3.5/54.4/5
User ratingNo reviews yetNo reviews yet
Security2.04.0
Speed4.54.5
Fees4.04.5
Chain coverage4.55.0
Ease of use4.04.5
Specs
KYC required NoNot disclosed
DesignLiquidity networkAggregator
ChainsEthereum, Solana, Sui, Tron, Base, Optimism, Polygon, Avalanche, OtherEthereum, BNB Chain, Arbitrum, Base, Optimism, Polygon, Avalanche, Cosmos, Other
Chains supported28100
Typical fee0.1% on Next; up to 0.3% on Core (reducible with ABR0)0% on stablecoin swaps; variable route and gas fees
Typical transfer timeNot disclosed5s
Security modelCCTP and LayerZero OFT standards with external auditsDepends on the underlying route
Audited Yes Yes
TokenABR0QUID
Intent-basedNot disclosed Yes
Native token transfers (no wrapped tokens) Yes Yes
Company
Founded20212022
HeadquartersUkraineVirgin Islands, British
InvestorsNot disclosedNorth Island Ventures, Polychain Capital
Strengths and weaknesses
Pros
  • Supports direct stablecoin transfers between non-EVM chains like Tron and Solana
  • No registration or KYC verification required to bridge assets
  • Uses native standards like Circle CCTP and LayerZero OFT for stablecoins
  • Offers destination gas top-ups in the same bridging transaction
  • Routes across 100+ chains including non-EVM networks like Solana, XRPL, and Cosmos
  • Zero protocol fees charged on stablecoin swaps
  • Executes swaps in native tokens without issuing wrapped assets
  • Completed 9 security audits with no historical protocol exploits
Cons
  • Sustained three security exploits, including a $1.65M incident in July 2026
  • Discontinued Allbridge Core liquidity pools in July 2026
  • Stellar bridging route temporarily paused pending CCTP implementation audits
  • Total value locked declined to approximately $1.08M in October 2026
  • Variable routing fees apply to non-stablecoin token swaps
  • Security depends on multiple third-party bridges and solver networks
  • Potential for slippage or execution delays during extreme liquidity shortfalls
Best forTron and Solana stablecoin traders, Users needing destination gas top-ups, Traders avoiding wrapped token risksNon-EVM to EVM token traders, DeFi users moving stablecoins fee-free, Developers embedding cross-chain swap widgets

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