Squid Router co-founder Fig on how a cross-chain swap actually settles: why Squid moved from routing through DEXes and bridges to intents, how a market-maker auction fills an ETH to Solana swap in seconds, and why Squid Intents runs that logic in TEEs instead of smart contracts.

Also covered: why new blockchains keep launching, whether Ethereum's push back to L1 changes that, Squid's multichain wallet app built around tokenized stocks and RWAs, and how the $QUID token is meant to accrue revenue through buybacks and staking. Per Fig, the Legion and Kraken sale drew about $26.5M in commitments for a $2.25M raise in three days.

00:00 Intro: Fig, co-founder of Squid Router

02:06 Why Squid was built: multichain UX in DeFi

04:43 Moving to a new chain in one click, gas included

06:38 Why new blockchains keep launching

07:45 Is Ethereum pulling everything back to L1?

10:47 Crypto router vs crypto bridge

13:15 How intents work: an ETH to Solana swap filled by a market-maker auction

16:22 TEEs explained: how Squid Intents uses confidential compute

21:38 Are TEEs safer than smart contracts?

24:02 What happens if the TEE hardware is compromised

27:01 Squid's consumer app: a multichain wallet

29:24 Tokenized stocks and RWAs as the killer use case

31:11 $QUID token: Legion and Kraken sale, buybacks, staking

34:03 For builders: Squid API, SDK and widgets

35:00 Wrap-up

Squid: https://squidrouter.com · https://squid.inc · https://x.com/squidrouter

dOrg Hot Seat: https://www.dorg.tech/hot-seat

dOrg: https://www.dorg.tech · https://x.com/dOrg_tech

#SquidRouter #CrossChain #DeFi