Mayan vs Squid

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

Mayan4.2/5
VS
Squid4.4/5
Feature
Ratings
Our score4.2/54.4/5
User ratingNo reviews yetNo reviews yet
Security4.04.0
Speed4.54.5
Fees4.04.5
Chain coverage4.05.0
Ease of use4.54.5
Specs
KYC required NoNot disclosed
DesignIntent-basedAggregator
ChainsSolana, Ethereum, Base, Arbitrum, BNB Chain, Optimism, Polygon, Avalanche, Sui, Hyperliquid, OtherEthereum, BNB Chain, Arbitrum, Base, Optimism, Polygon, Avalanche, Cosmos, Other
Chains supportedNot disclosed100
Typical feeConfigurable integrator fee; dynamic driver execution costs0% on stablecoin swaps; variable route and gas fees
Typical transfer time2 to 60 seconds5s
Security modelDepends on route: Swift auctions, Circle CCTP or WormholeDepends on the underlying route
Audited Yes Yes
TokenNot disclosedQUID
Intent-based Yes Yes
Native token transfers (no wrapped tokens) Yes Yes
Max transfer$10,000,000Not disclosed
Company
Founded20222022
Headquarters—Virgin Islands, British
InvestorsNot disclosedNorth Island Ventures, Polychain Capital
Strengths and weaknesses
Pros
  • Swaps tokens cross-chain in a single transaction without a manual secondary swap
  • Swift route settles native assets in as little as 2 seconds
  • Uses Circle CCTP for native USDC transfers without wrapped-asset depeg risk
  • Smart contracts audited by OtterSec and Sec3
  • 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
  • Unfilled orders must wait for a deadline to pass before issuing refunds
  • Execution relies on third-party driver liquidity and Circle or Wormhole messaging
  • Guaranteed price quotes apply only to select same-asset routes
  • 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 forSolana and EVM cross-chain traders, Users moving native USDC across networks, Traders lacking source chain native gasNon-EVM to EVM token traders, DeFi users moving stablecoins fee-free, Developers embedding cross-chain swap widgets

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