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Author: Admin | 2025-04-27
To delays and complexities in cross-chain transfers, often leading to significant wait times for certain chains.How Axelar is creating an ecosystem for cross-chain liquidityWith Axelar and its unique cross-chain offerings, developers, platforms and users can achieve cross-chain interoperability. Axelar’s General Message Passing capability is at the helm, enabling developers to call any function on any other connected chain. In GMP’s context, “function” includes both smart contracts at the application layer (as on EVM chains) and logic built at the protocol layer (as on Cosmos chains).With GMP, while developers can utilize the potential of cross-chain transactions with over 30 chains over a highly secure interoperability network, users can interact with assets, applications, and platforms on top blockchains in just a single click.Since its launch on mainnet last year, GMP has been employed by various platforms with diverse offerings. One is Squid Protocol, which utilizes Axelar's General Message Passing capabilities to route liquidity cross-chain and facilitate cross-chain swaps. It does this via smart-contract calls across multiple chains. With Squid and Axelar, users can easily swap tokens from one blockchain to another on a single platform.Conclusively, cross-chain liquidity is imperative to build the future of interoperable applications and promote an overall healthier ecosystem. Axelar currently supports 30+ blockchains, including Avalanche, Binance, Ethereum, Fantom, Moonbeam and Polygon, with multiple new integrations on the way. Follow us on Twitter to stay updated.Interested in building with Axelar? Check out our docs on General Message Passing to know more, and reach out to us on Axelar Discord
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