Bakusquad

Bakusquad is the friendship between Mina Ashido, Katsuki Bakugou, Denki Kaminari, Eijiro Kirishima and Hanta Sero from the My Hero Academia fandom.

Eijiro Kirishima and Katsuki Bakugo
Eijirou and Katsuki are close friends, shown to hang out often when their classmates immediately turn to Eijirou to find out Katsuki's whereabouts. Eijirou is the only classmate Katsuki views as an equal, and he often calls him by his real name instead of the the nickname "shitty hair". They often go hiking together, and even went on a day usually spent with someone you fancy, suggesting they may have romantic interest in each other.

Eijiro Kirishima and Mina Ashido
Mina and Eijirou went to the same middle school. Eijirou was jealous of her skills with people and heroic nature, and felt inadequate in comparison. They were never friends in middle school, but now they are shown to be close, as and frequently encourage and compliment each other. Mina has referred to them as "horn-buddies", as they both have horns sprouting from the tops of their heads.

Denki Kaminari and Katsuki Bakugo
While Denki and Katsuki didn't initially get along- Katsuki finding Denki to be a particularly annoying extra, and Denki finding him rude and a bully- their relationship has developed to a point where they're somewhat friendly acquaintances. Denki often teases and provokes Katsuki, occasionally going a little too far and being yelled at by Katsuki.

Denki Kaminari and Mina Ashido
Denki and Mina are often paired together within the series, implying they are close friends and hang out together often. When Mina is excitedly talking about being on a hero team with a few of her other classmates, Denki asks, "what about me?" and Mina bluntly replies, "no." This seems to an ironic statement though, as they are seen brushing their teeth together only a few panels later, one of many instances of them interacting casually. They've apparently bonded over being the two lowest ranking students in the class. Together, they fail their first-term practical exam, when they underestimate their opponent's capabilities and fall into his trap.

Denki Kaminari and Hanta Sero
Denki and Hanta share a close friendship. They often interact, making jokes with one another, and seem to like each other's company well enough.

Eijiro Kirishima and Denki Kaminari
Within the classroom, Kirishima sits behind Kaminari, and they are shown talking on more than one occasion. After Kirishima's hero debut where he defeats his first villain, Kaminari is first to congratulate him, and then proudly showing everyone else his friend's accomplishments.

Overall
In the provisional licensing exam, Katsuki, Eijirou and Denki teamed up, taking down Seiji Shishikura. All of them eventually passed the exam. They demonstrated good teamwork, and mutual faith in each other.

Katsuki does not refer to anyone by their name except for Eijirou; instead, he has mean nicknames for all of them. Mina is "raccoon eyes" due to her large black sclera, Denki is "dunce face" because of the after-effects of his quirk and Hanta is "soy sauce face" or "plain face" in the dub. Katsuki seems to consider calling someone their real name a sign of respect; thus why he only does this with Eijirou.

While Katsuki is slowly growing as a character, it is important to note that he still doesn't see anyone other than Eijirou as a true equal. This suggests that he can't really be considered friends with anyone else just yet, and therefore Bakusquad can't be considered fully canon. Their comradery has a ways to go before they can be considered a genuine friend group.

While their status as an exclusive friend-group is a fanon concept, many of their individual friendships are strongly established, making their canon-status semi-canon.

Fanon
In fanon interactions, the Bakusquad are shown to be an inseparable bunch, getting into hijinks and driving the more sensible Katsuki up the wall. Bakugou usually falls into the role of "aggressive mom friend" by angrily caring about his friends, getting annoyed when they do dangerous things, and masking his concern with disdain. To outsiders it may look like he's fed up with them, but the others all know he cares about them. A popular trope is Bakugou fondly referring to them as "his idiots".

Fanon Bakusquad usually has the gang as a group of "memers", and fanworks for them are often silly and shit-posting in nature. The tone of fanworks is usually light-hearted and humorous, a contrast to the more angsty side of the greater MHA fandom.

A big part of fanon Bakusquad is how Katsuki really sees the other members. While in canon, he's often dismissive of them, and thinks himself superior, fanon Bakusquad explores the idea of Katsuki gradually beginning to see them as equals and friends in their own right.

While in the anime/manga they are usually shown interacting one on one, Bakusquad fanon interactions tend to place them all together, with the gang meeting up for meal times, having sleepovers or movie nights, and regularly going places together.

The Bakusquad is commonly thought to be the anti-Dekusquad, another friend group between Tsuyu Asui, Tenya Iida, Izuku Midoriya, Shouto Todoroki and Ochako Uraraka. There's no canon rivalry between the two groups, but the rivalry between their namesakes Bakugou and Deku is enough for the fandom to support the idea. They are opposites in the tone of their friendships; the Bakusquad is loud and chaotic, the Dekusquad is more calm and controlled.

While Bakusquad is not a romantic pairing, it is frequently accompanied by the slash ship of KiriBaku, between two of it's members. Bakusquad is often a side pairing in KiriBaku fanworks, with the squad being supportive of or even encouraging them to pursue the relationship.

Other romantic pairings that often relate to the Bakusquad are KamiJirou, SeroMina, KamiMina, KamiSero, KamiSeroMina and Kacchako.

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Trivia

 * Occasionally, Kyouka Jirou is also included in the Bakusquad, due to her friendships with Denki and Katsuki, and even less frequently, so is Ochako Uraraka, given her friendships with Katsuki and Mina.