{"data":{"id":40958,"name":"Squid","symbol":"QUID","slug":"squidrouter","category":"token","description":"### What Is Squid (QUID)?\n\nSquid is the cross-chain infrastructure layer that powers the movement of digital value across more than 100 blockchains and 20,000+ tokens. Rather than asking users to manage individual bridges, gas tokens and signatures, Squid collapses that complexity into a single intent — \"send X, receive Y on chain Z\" — routed across the full multichain surface and settled in one action.\n\nSince its January 2023 launch, Squid has processed more than $6.2 billion in cross-chain volume across 4.12 million transactions for over 1.09 million unique users. It is embedded inside 1,000+ integrator products including MetaMask, Ripple, Ledger, MiniPay (Opera), Blockchain.com, Keplr, Brave and PancakeSwap.\n\nQUID is the native token of the Squid ecosystem and is used for:\n\n* Staking, earning additional QUID from a dedicated, non-inflationary allocation.\n* Priority access to protocol products such as premium tiers and exclusive yield strategies.\n* Governance, beginning with Ecosystem Council appointments and expanding over time to protocol parameters, treasury allocation and chain onboarding.\n\nThe Squid product stack includes Squid Intents (the protocol layer, with sub-5-second execution), the Squid Aggregator (routing across 130+ DEXs and off-chain sources), Squid Token Service / Accounts (abstraction), the Squid SDK (developer tools), the live Squid Bridge, and a forthcoming consumer app. Coverage spans 106+ chains across EVM, Cosmos, Bitcoin, Solana, XRPL and Hedera, with particular depth in the non-EVM ecosystems that are the hardest part of interoperability.\n\n### How Many QUID Coins Are There in Circulation?\n\nQUID has a fixed maximum supply of 1,000,000,000 tokens. It was issued in mid-2026 and is deployed as an ERC-20 on Base. The $QUID token can be staked, and staking rewards are funded from a dedicated non-inflationary allocation, so yield does not dilute the fixed cap.\n\n### Where Can I Buy Squid (QUID)?\n\nQUID became available at its mid-2026 TGE. Ahead of TGE, a public sale offered 5% of supply via partner platforms, namely Kraken and Legion. At TGE, QUID trades natively on-chain on Base (ERC-20) via Squid and partner DEXs. Official contract addresses will published at TGE on Basescan and Solscan, and should be verified with official sources before transacting.\n\n### How Is the Squid Network Secured?\n\nSquid is a non-custodial router and never holds user funds — transactions are signed by the user's own wallet. The protocol has completed nine independent security audits (ConsenSys Diligence, Ackee Blockchain, n-var) with zero exploits across the $6.2 billion it has settled, and reports a 99% execution success rate. 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