The Pancakeswap team announced via a blog post on Thursday that it has partnered and integrated with Squid and Axelar, enabling seamless and secure cross-chain swaps on PancakeSwap. Thanks to this integration, users can swap between native tokens on Squid's 30+ supported chains, including BNB Chain and Ethereum, with just a single click.
The PancakeSwap x Squid x Axelar integration brings a new era of seamless, secure, and enjoyable trading experiences in DeFi, the team added.
PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is up by 4% today and is currently trading at $1.691.