Coral: Intent Swaps

Coral: Squid's Intent Protocol

Coral (Cross-chain Order Routing and Auction Layer) is Squid's intent-based protocol that revolutionizes cross-chain transactions. By connecting users directly with market makers, Coral delivers unprecedented efficiency, speed, and cost savings for cross-chain swaps.

Why Coral?

• Sub-5 Second Execution for most transactions

• Zero Slippage guaranteed through direct market maker integration

• 90% Reduction in Gas Costs compared to traditional AMM-based routing

• MEV Protection built into the protocol architecture

• Guaranteed Completion or automatic refund

Bridge Types

Squid supports three bridge types. Axelar routing is enabled by default on all integrator IDs. To enable Coral V1 or Coral V2, reach out to the Squid team.

Feature	Axelar	Coral V1	Coral V2
Routing Type	AMM-based	Intent-based	Intent-based
EVM Support	✅	✅	✅
Non-EVM Support	Cosmos, BTC + Solana (via Chainflip)	❌	BTC & SOL coming soon
Route Expiry	None	~25 seconds	None
Refund Timing	N/A (partial success fallback)	~1 hour	~15 minutes
Enablement	Default	Contact Squid team	Contact Squid team
Integrator Fees	✅	❌	✅

Supported Chains by Bridge Type

This table shows which chains are currently supported by each bridge type. Reach out to the Squid team for the latest availability.

Arbitrum	✅	✅	✅
Avalanche	✅	✅	✅
Base	✅	✅	✅
Berachain	✅	✅	✅
Binance	✅	✅	✅
Bitcoin	☑️	❌	❌
Blast	✅	✅	✅
Celo	✅	✅	✅
Citrea	✅	❌	✅
Cosmos	☑️	❌	✅
Cosmos - other chains	☑️	❌	✅
Ethereum	✅	✅	✅
Fantom (deprecated for Sonic)	☑️	❌	✅
Filecoin	☑️	❌	✅
Fraxtal	☑️	❌	✅
Gnosis	✅	✅	✅
Hedera	✅	❌	✅
HyperEVM	✅	✅	✅
Immutable zkEVM	☑️	❌	✅
Kava	☑️	❌	✅
Linea	✅	✅	✅
Mantle	☑️	❌	✅
Mantra	✅	❌	✅
Monad	☑️	❌	✅
Moonbeam	☑️	❌	✅
Noble	☑️	❌	❌
Optimism	✅	✅	✅
Peaq	✅	✅	✅
Polygon	✅	✅	✅
Saga EVM	✅	❌	✅
Scroll	☑️	❌	✅
Soneium	✅	✅	✅
Solana	☑️	❌	❌
Sonic	☑️	✅	✅
Stellar	☑️	❌	✅
Sui	❌	❌	✅
XRPL	☑️	❌	✅
XRPL EVM	✅	✅	✅

Please contact the Squid team to confirm current availability and to enable Coral on your integrator ID.

Coral V1 vs Coral V2

	Coral V1	Coral V2
Chain Support	EVM chains only	EVM chains (including Hedera, Citrea, XRPL EVM) + BTC & SOL coming soon
Route Expiry	~25 second expiry window; transaction must be submitted before expiry	No expiry — submit at any time
Refund Behavior	Automatic refund on source chain (~1 hour)	Automatic refund on source chain (~15 min)
Status Tracking	quoteId optional	quoteId required — transaction will fail unless status is called with quoteId
Integrator Fees	Not supported	✅ Supported
Integration Flow	Same /v2/route endpoint	Same /v2/route endpoint; deposit-address flow for non-EVM chains

Technical Infrastructure

• Intent-Based Protocol: Fully compatible with modern cross-chain architecture

• Hub & Spoke Design: Optimized for maximum efficiency and minimal gas consumption

• Smart Contract Security: Audited by n-var, with non-upgradeable, ownerless contracts

• Flexible Integration: Seamlessly integrates with existing protocol infrastructure

Integration Benefits

• Seamless and simple integration through Squid's API, SDK, or frontend widget

• Provide your users superior user experience, pricing, and settlement times

• Enable contract interactions in the same transaction before or after the cross-chain swap

• Guaranteed completion or refund