Squads

Squads is a multisig and smart account protocol on Solana that enables teams, DAOs, and organizations to manage shared treasuries and execute transactions with multi-signature approval requirements. It provides critical infrastructure for decentralized governance and secure fund management. The protocol allows users to create multisig accounts requiring M-of-N signatures to execute transactions — for example, 3-of-5 team members must approve before funds can be moved. This prevents any single individual from having unilateral control over shared resources, which is essential for protocol treasuries, team funds, and DAO management. Squads supports the full range of Solana transactions through its multisig — token transfers, DeFi interactions, program upgrades, and governance actions can all be proposed, reviewed, and approved through the multisig workflow. The web interface provides a clean dashboard for managing proposals, reviewing pending transactions, and tracking execution history. The protocol has been adopted by major Solana projects and DAOs for managing their treasuries and program upgrade authorities. Squads also offers Squads Protocol for developers building custom governance and account abstraction solutions on top of the multisig primitive. The platform is one of the most critical security tools in the ecosystem, preventing single points of failure in treasury and program management.