Squid Public Sale Sets June 30: Q3 For $QUID Launch Date

Bhumika Baghel Bhumika Baghel
Last Updated:
Squid Public Sale Opens June 30 To Distribute $QUID Token

Inside The Squid Public Sale: QUID Tokenomics, Price, And Q3 Launch

The Squid Public Sale opens on June 30, 2026 at 1:00PM UTC. The sale runs for exactly 72 hours and closes on July 3 at 1:00PM UTC. This marks the first chance for the public to request an allocation of $QUID, a token tied to a platform that has already routed more than $6 billion in volume since 2023.

Squid Public Sale

Source: Official Announcement 

Squid Public Sale Dates And Platforms: KeyTimeline

Here's the presale structure laid out clearly, since the timing and platform choice both matter for anyone planning to participate.

  • Sale opens: June 30, 2026 at 1:00PM UTC

  • Sale closes: July 3, 2026 at 1:00PM UTC

  • Public Sale Price: $0.045 per token

  • Sale Allocation: 50M (5% of Supply)

  • QUID TGE Date: Q3, 2026

  • Window to act: 72 hours total to submit a pledge and request an allocation

  • Sale platforms: Kraken and Legion, each handling allocation separately

  • Final allocation: Decided by Squid and the respective platform only after the sale closes

Submitting a pledge on either platform does not guarantee an allocation of $QUID. Region matters too. Legion restricts participation from the UAE, UK, US, Russia, Iran, Syria, North Korea, Cuba, and sanctioned regions of Ukraine, while Kraken restricts Canada, Australia, and other specified regions, though the UK and US can still take part there.

On Legion, allocation may weigh past Squid usage, community participation, and Legion account history. On Kraken, allocation runs through Kraken's own account activity criteria, managed entirely separate from Squid's side.

What is Squid Crypto Platform: $QUID Token Utility

Squid works as a cross-chain liquidity routing platform. It lets users and apps swap and bridge digital assets across more than 100 blockchains, including EVM chains, Solana, Bitcoin, Cosmos, XRPL, Hedera, and Stellar, all inside one single transaction.

The platform gives access to over 20,000 tokens and has served more than 1 million users through its frontend bridge app. More than 1,000 teams integrate with Squid's infrastructure, including MetaMask, Ripple, and Ledger.

Behind the scenes, the platform pulls from more than 130 decentralized exchanges and bridges to find the best path for any swap, computing quotes in under a second. A feature called Squid Intents lets solvers compete in real-time auctions to fill orders, often completing execution in under 5 seconds with minimal slippage and gas costs.

$QUID Utility: Staking, Governance, And Buybacks Explained

The planned utility for $QUID spans four areas, though each one comes with a caveat: none of this is locked in yet, and all of it remains subject to governance decisions and product timelines.

  • Staking: Designed around a simple, transparent framework, with exact parameters still subject to governance votes

  • Governance: Built to stay practical and focused, giving token holders a say in ecosystem decisions without becoming bureaucratic

  • Buyback mechanisms: Governance may decide whether treasury resources go toward market purchases of $QUID, depending on ecosystem priorities

  • In-app utility: Planned features may include enhanced product experiences and early access opportunities, evolving as development continues

Squid has also built a separate mechanism called Priority Allocation for users with platform history. 

Anyone who has used Squid before, joined past campaigns, or interacted with the project on social platforms can submit a form before the July 3 deadline for merit-based consideration if the Legion sale ends up oversubscribed, though that submission guarantees nothing on its own.

$QUID Tokenomics: Fixed Supply And What Backs The Number

$QUID Vesting and Supply Breakdown

$QUID launches with a fixed total supply of 1,000,000,000 tokens, also the maximum supply. No further minting happens after token launch, and no validator or emission rewards exist to add to that count later.

  • Investors: 30.39% (303,946,126) — 12-month cliff, 25% unlock at cliff, remainder linear to Month 24

  • Team: 23.95% (239,481,903) — 12-month cliff, 25% unlock at cliff, remainder linear to Month 36

  • Foundation Treasury: 23.16% (231,571,971) — 10% unlocked at TGE, remainder linear over 36 months

  • Strategic Partners: 10.00% (100,000,000) — 12-month cliff, 25% unlock at cliff, remainder linear to Month 36

  • Ecosystem Growth: 7.50% (75,000,000) — bulk unlocks at or near TGE

  • Public Sale: 5.00% (50,000,000) — 100% unlocked at TGE, priced at $0.045 per token, implying a $45 million valuation and a $2,250,000 raise

$QUID Tokenomics

Public Sale buyers get fully liquid tokens from day one. Investors, Team, and Strategic Partners, which together hold more than 64% of total supply, stay locked for a full year with zero TGE unlock before any linear vesting begins.

The Squid Public Sale enters the market with something most new token launches don't have on day one. Years of operating history, $6 billion in processed volume, and over 1,000 working integrations already back the number before a single token even changes hands. 

What happens after July 3 will show whether that track record translates into lasting demand once $QUID actually starts trading.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Crypto markets carry significant risk. Always do your own research before making any investment decisions. 

Bhumika Baghel

About the Author Bhumika Baghel

English News Writer at coingabbar.com

Bhumika Baghel is a crypto journalist at Coin Gabbar with over 1.5 years of industry experience. She specializes in SEO-optimized content, market trend research, and fast-paced news reporting across cryptocurrency developments, along with regulatory updates, token presales, and emerging blockchain technologies. Maintaining an independent and unbiased editorial approach, Bhumi focuses on delivering clear, timely, and objective analysis.
Leave a comment

1 month ago

Mighty Hacker Recovery offers professional services in cybersecurity and digital recovery for individuals and businesses. Their services include data recovery, digital forensics, cybersecurity consulting, malware detection, and incident response. They promise experienced, confidential, and fast support while following ethical practices. Clients can contact them via their website https://mightyhackarrecovery.com/ or WhatSapp Canada +1 (343) 947-3496 for assistance. Additionally, the text poses various questions related to crypto recovery, including inquiries about stolen cryptocurrency, recovery experts, and their effectiveness. BITCOIN RECOVERY EXPERT AT MIGHTY HACKER RECOVERY USDT RECOVERY EXPERT AT MIGHTY HACKER RECOVERY ETH RECOVERY EXPERT AT MIGHTY HACKER RECOVERY CRYPTOCURRENCY FRAUD RECOVERY HACKER FOR HIRE AT MIGHTY HACKER RECOVERY WhatSapp Canada +1 (343) 947-3496

Profile of Joy Zulu
Joy Zulu

Frequently Asked Questions (FAQ)

Faq Got any doubts? Get In Touch With Us