The $QUID Public Sale on Legion has now closed. The Squid Priority Allocation Form is also closed, and new submissions are no longer being accepted. Learn more
Final allocations will be confirmed by Wednesday, July 8. Please check Legion for allocation status and next steps.
The $QUID Public Sale on Kraken has now closed.
Final allocations will be confirmed by Wednesday, July 8. Please check your Kraken account for allocation status and next steps.
The $QUID Public Sale on Kraken and Legion has now closed.
KYC and account funding were required before participating in the sale.
The Squid Priority Allocation Form for Legion users is now closed.
The $QUID Public Sale ran from June 30 to July 3, 2026.
Final allocations will be confirmed by Wednesday, July 8.
Target window: Q3 2026. TGE date to be announced. Follow Squid on X for updates.
Fig studied medicine and transitioned to traditional finance via venture capital. He started out in crypto in 2020 building algorithmic trading models. He leads on business development and product.
Koda is hands-on engineering lead at Squid, where he oversees the backend routing infrastructure and technical strategy across the protocol. Before crypto, he lead teams building big data and machine learning solutions for banks and mining companies.
Squid is a leading cross-chain platform that connects 100+ chains, 20k+ tokens, and 130+ liquidity sources. Users can buy, swap, bridge, and send tokens across any chain with Squid's frontend, and developers can integrate Squid via SDK, API, and Widget for seamless cross-chain functionality.
$QUID is the native token of Squid and marks an important milestone for the Squid Ecosystem. As the Squid Ecosystem continues to expand its product, ecosystem, and interoperability infrastructure, $QUID is intended to support participation in and engagement with the Squid ecosystem. Learn more.
The sale takes place on Legion and Kraken, each platform with its own eligibility criteria and allocation process. Participants of the sale apply by pledging a minimum and maximum amount in the platform’s accepted payment currency.
The sale offers $QUID at a fixed price of $0.045 per token. 50,000,000 of tokens will be for sale, which represents 5.00% of the total supply of $QUID.
If the sale is oversubscribed, pledges are scaled down proportionally (pro rata) to match the available supply. On Legion, eligible Squid users and community members may be prioritised during final allocation decisions, which can mean a larger share of their pledge being filled. Learn more.
Final allocations are determined shortly after the sale closes, and $QUID is distributed at TGE.
You can participate in the sale on two platforms, Legion and Kraken. Make sure that your region is supported on your chosen platform before the sale begins. See our resources for participating to prepare.
$QUID has a total supply of 1,000,000,000 tokens. At the sale price of $0.045 per token, this gives a fully diluted valuation (FDV) of $45,000,000.
The sale opens on June 30, 13:00 UTC and closes on July 3, 13:00 UTC.
Participants must complete KYC and submit pledges before the sale closes. Those applying for priority allocation on Legion must also submit the Squid Priority Allocation Form by July 3, 13:00 UTC.
$QUID tokens will be distributed at TGE, and allocations are determined shortly after the sale closes. The TGE date is yet to be announced. Follow Squid on X for updates.
Squid Public Sale tokens will be 100% unlocked at TGE with no vesting or lock-up.
No. Squid has chosen not to do a traditional airdrop because we believe that there are better and longer term options for user appreciation than an airdrop can offer.
Yes. Squid does not limit participation to one platform. However, eligibility varies by platform and region. Make sure that your region is supported on your chosen platform before the sale begins.
Region restrictions vary by platform:
On Legion, jurisdiction restrictions apply to the UAE, UK, US, Russia, Iran, Syria, North Korea, Cuba, and the sanctioned regions of Ukraine. Learn more
On Kraken, jurisdiction restrictions apply to Canada, Australia and other specific regions. Learn more
The US and UK are restricted on Legion, but can participate on Kraken.
Yes. You will need to verify your identity (KYC) before participating. KYC is completed through each sale platform, and requirements may vary by platform.
Each Squid Public Sale platform uses a different allocation mechanism. On Legion, allocation may take into account past Squid usage, Squid community participation, and Legion score.
Eligible Squid users and community members can submit their Legion ID and the accounts they’ve used with Squid through the Squid Priority Allocation Form to be considered for priority allocation.
Submissions are open until July 3, 13:00 UTC. On Kraken, allocation is managed separately by the platform and may be based on Kraken account activity and other criteria determined by Kraken.
If the sale is oversubscribed, pledges are scaled down proportionally (pro rata) to match total allocations to the available supply.
On Legion, eligible Squid users and community members may be prioritised during final allocation decisions, which can mean a larger share of their pledge being filled. Learn more.
Any excess pledged funds will be refunded after the sale closes, according to each sale platform's process and timeline.
Allocations are determined shortly after the sale closes, and you will see your final $QUID allocation by July 8. Follow Squid on X for updates.