Polaris vs Squid

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

Polaris2.8/5
VS
Squid4.4/5
Feature
Ratings
Our score2.8/54.4/5
User ratingNo reviews yetNo reviews yet
Security2.54.0
Speed2.54.5
Fees2.54.5
Chain coverage3.55.0
Ease of use3.54.5
Specs
DesignAggregatorAggregator
ChainsEthereum, Bitcoin, Solana, CosmosEthereum, BNB Chain, Arbitrum, Base, Optimism, Polygon, Avalanche, Cosmos, Other
Chains supportedNot disclosed100
Typical feeNot disclosed0% on stablecoin swaps; variable route and gas fees
Typical transfer timeNot disclosed5s
Security modelNot disclosedDepends on the underlying route
AuditedNot disclosed Yes
TokenNot disclosedQUID
Intent-basedNot disclosed Yes
Native token transfers (no wrapped tokens)Not disclosed Yes
Company
Founded—2022
Headquarters—Virgin Islands, British
InvestorsNot disclosedNorth Island Ventures, Polychain Capital
Strengths and weaknesses
Pros
  • Connects disparate ecosystems including Bitcoin, Solana, Cosmos, and Ethereum
  • Tracks and routes trades for over 35,000 distinct tokens
  • Polaris Accounts interface aggregates multichain wallet balances in one view
  • Non-custodial trading directly from user wallets
  • 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
  • Permanently shutting down operations as of April 17, 2026
  • Relies on external bridge security and third-party DEX liquidity
  • Subject to transfer delays when moving assets across slow settlement chains like Bitcoin
  • 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 forHistorical multichain portfolio tracking, Users settling legacy pending transactions, Cross-ecosystem liquidity researchersNon-EVM to EVM token traders, DeFi users moving stablecoins fee-free, Developers embedding cross-chain swap widgets

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.

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