$QUID is the native token of Squid, a cross-chain platform that enables access to 20k+ tokens across 100+ blockchains. $QUID marks an important milestone for Squid, which has been operating since 2023 and has processed over $6 billion in volume for more than 1 million users.

As Squid continues to expand its product, ecosystem, and interoperability infrastructure, $QUID is intended to support participation in and engagement with the Squid ecosystem.

$QUID launch is 4 August, 13:00 UTC.

$QUID is deployed on Base. The official contract address is 0x1a44233FAe8D50F1AeB3a5d58dd426ff4814Cb53. See on BaseScan & CoinGecko.

Always verify against Squid's official channels before interacting with any $QUID contract.

Please note: Squid is the token name; QUID is the ticker. The “$” in $QUID is cashtag notation and is not part of the official ticker.

At launch, you can find $QUID at the following places:

• Buy, swap, send $QUID on Squid: app.squidrouter.com/quid
• Onchain: PancakeSwap, Rango, Jumper, 0x, LI.FI, Enso, Rubic, CoW Swap, Kyberswap, 1inch (and all products that aggregate PancakeSwap V3 liquidity on Base).
• Exchanges: Binance, Kraken, Bitget, Bitvavo, Upbit, Bithumb and MEXC.

Read more at How to buy $QUID: onchain and offchain.

Tokens are distributed at TGE on 4 August at 13:00 UTC through the sale platform you participated on. Legion and Kraken each have their own distribution process.

Read more at How to claim your $QUID Public Sale allocation on Legion and Kraken.

1,000,000,000 $QUID. Supply is fixed at TGE, with no further minting or further allocation for validator or emission rewards.

1,000,000,000 $QUID is allocated across six categories: Investors, Team & Advisors, Strategic Partners, Public Sale, Ecosystem Growth, and Foundation Treasury.

For exact token amounts per category, see $QUID Utility & Tokenomics.

Public sale tokens are 100% unlocked at TGE. Investors, team, and strategic partners receive 0% at TGE, with a 12-month cliff followed by linear vesting. Read more at $QUID Utility & Tokenomics.

$QUID is designed to support ecosystem functions including staking, governance, token-related mechanisms, and broader ecosystem utility. These features may be introduced, modified, or expanded over time, subject to governance, product development, and applicable constraints.

Read more at $QUID Utility & Tokenomics.

Yes. $QUID holders may choose to stake their tokens to participate in ecosystem activities, including governance. Staking rewards are distributed from a dedicated, pre-allocated portion of the fixed total supply and do not require the creation of new tokens beyond the fixed supply.

For the full process, see How to stake $QUID: a step-by-step guide.

Following TGE, governance may determine whether a portion of treasury resources is allocated to token-related mechanisms, including the potential purchase of $QUID on the open market.

Buybacks are not active at launch.