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The default multisig and smart account standard securing Solana treasuries.
Squads is the leading multisig and smart account platform on Solana. Teams use it to hold treasuries, control program upgrade authority, and require several approvals before any transaction executes. A Squads vault is an on-chain account owned by a defined set of members with a configurable approval threshold, for example 3-of-5, and every proposed transaction waits in a pending state until enough members sign.
The protocol secures more than $15 billion in assets for over 450 teams and thousands of individuals, and has processed over $5 billion in stablecoin transfers. Its smart accounts are formally verified and live entirely on-chain, governed by code rather than a custodian. Many of Solana's best-known protocols rely on Squads to manage program upgrades and treasury funds.
Squads has expanded from multisig into a broader "autonomous finance" stack. Alongside Squads Multisig, it offers Fuse, a self-custodial smart wallet for individuals; Altitude, a business account for managing and moving stablecoins; and Grid, a set of programmable stablecoin payment APIs that developers can use to build financial apps on Squads' smart-account infrastructure.
RT @sanctumso: Sanctum has long been Solana's safest source of yield. Soon, Sanctum will also become Solana's safest place to store your c…
RT @SimkinStepan: it’s that simple https://t.co/C0vPFLSbXZ
RT @octane_security: Squads runs the leading @multisig on Solana. They've spent years auditing and formally verifying their programs, and o…
RT @altitude: Ok @bot, analyze my entire transaction history and figure out how to turn this into a trillion dollar company. Make no mistak…
RT @L0STE_: People still sleeping on programmable wallet when they should be the default for personal and company finance apps. As always…
Community sentiment is strongly positive around Squads/Multisig shipping post-quantum cryptography (Falcon signing) on Solana, with users praising the security innovation and proactive approach compared to other chains. Some genuine technical feedback notes missing hardware wallet integration and consolidation features.
in case you missed it last week, @multisig is going post quantum
BitcoinChina LATEST: @sanctumso has teased the upcoming introduction of native multisig security, with the feature built on @multisig. The development could bring an additional layer of protection to users by requiring multiple approvals for sensitive transactions. This approach may help improve asset security while reducing reliance on a single signer. More details are awaited as the community looks forward to seeing how the integration will work in practice.
Quantum computers dont need to exist yet to be a problem, every public key is already on-chain. Good to see @multisig shipping Falcon signing on Solana. @qlabsofficial did the same with qVAULT on Hyperliquid... curious if they can rotate schemes too if Falcon ever breaks
@toly Are you saying that we are using the perfect community wallet in Squads @multisig for our NFT community wallet in preparation for when we someday provide dividends and voting rights to NFT holders? https://t.co/rr0xfdHcz6
@PospisilAdam @multisig Apple/google/microsoft could give you 3 sufficiently different supply chains.
@toly Yeah, great work by @multisig. Only thing missing is secure pqc key generation and storage on hw wallets.
