Squads has grown from a simple multisig solution into the foundation of Solana's treasury management infrastructure. With over $10B in secured assets across 300+ teams, Squads has become an essential part of the Solana story.
Solana has seen remarkable expansion over the past year, with DeFi TVL growing 30x to $12B and daily DEX volumes touching $25B. As the ecosystem matures beyond memecoins, Squads is strategically positioned to provide the secure wallet infrastructure and payment rails needed for sustainable growth.
Our report explores how Squads is building comprehensive solutions through three key offerings: Squads Protocol for programmable smart accounts, Squads App for businesses, and Fuse Wallet for individuals. These products address critical infrastructure needs from treasury management to staking, payments, and program upgrades.
Looking ahead, Squads' ambitions are very exciting with virtual bank accounts, Fuse Card, and the Squads API – potentially reshaping embedded finance by enabling any digital business to integrate stablecoin banking services with just a few lines of code. Squads is on a path to rewrite the difference between onchain and offchain banking.
Read the full report for our comprehensive analysis of how Squads is positioning itself at the intersection of three powerful trends: mobile-first crypto adoption, mainstream stablecoin payments, and Solana's expanding ecosystem.
