No, superglue wasn't designed for closing wounds, its a modern myth.
Be carefull if you are going to use it as most are slightly toxic. Also a point well worth metioning and why superglue shouldn't be used is that its an exothermic reaction (gets hot), which is not good for skin / healing.
The other name for dermabond is liquid skin, which might prove a few cheaper alternatives.
You will note I say shouldn't be used, its unlikely you would get ill from it, but its worth considering, an alergic reaction can happen without notice or prior reaction.
I have used it for closing cuts under 1/2", but I have a very full medic kit thanks to a mate whos a paramedic.
If I was stuck in the wilderness with a heavy bleading but small wound (deep skin / tissue but no veinous or aterial damage) I would use it.