Squid price

QUID

#653

Squid 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.

Since 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.

QUID is the native token of the Squid ecosystem and is used for:

• Staking, earning additional QUID from a dedicated, non-inflationary allocation.
• Priority access to protocol products such as premium tiers and exclusive yield strategies.
• Governance, beginning with Ecosystem Council appointments and expanding over time to protocol parameters, treasury allocation and chain onboarding.

The 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.