Squid Token was officially launched today: TGE launched and simultaneously launched on the three maj

Squid Token TGE launches today: Date, Time and Official Token Details

Squid TGE will be held on August 4, 2026 at 13:00 UTC, corresponding to 18:30 Indian Standard Time (IST). It is worth noting that the project name is different from the transaction symbol: "Squid" is the token name, while UID is the official code. The common "$" symbol is only a cash label and is not part of the code itself.

This token is deployed on the Base blockchain and there is no version on other chains. The official contract address has been publicly listed on Basescan, and users are strongly recommended to verify this address directly before conducting any transactions, as counterfeit tokens often appear during major launches.

Squid (QUE) Token Launch Details

Token Name: Squid

Token Symbol: QUE

TGE Date: August 4, 2026

Launch Time: 13:00 UTC

Launch Time (IST): 18:30 IST

Blockchain: Base

Transaction Pair: QUID/USDT

Official DEX: PancakeSwap Infinity

Pledge: TGE simultaneously opens

Squid public offering raises US$26.5 million, demand far exceeds expectations

Prior to today's TGE, Squid's public offering of tokens ended on July 8, 2026, and the results showed strong market interest in the project. The offering raised a total of US$26.5 million in committed funds, oversubscribed 11.8 times, and attracted 3535 participants from 78 countries.

Crypto commentator Stacy Muur pointed out that the sale is a reflection of a broader shift in investor behavior, indicating a shift back to products with strong fundamentals rather than short-term focus and speculation. Thousands of participants from dozens of countries are racing to obtain quotas, and the data suggests that the market values the true value of Squid's infrastructure rather than viewing it as a purely speculative tool.

What is the difference between Squid? -- Cross-chain infrastructure supporting mainstream encryption applications

Squid is not a newcomer trying to prove itself, but a mature cross-chain routing protocol that already supports many top encryption projects. The protocol has processed more than $6 billion in transaction volume, has more than 1000 integrations, and supports redemption, cross-chain bridging, and transfer across more than 100 networks in a single transaction.

It is worth noting that Squid's infrastructure lies behind platforms such as MetaMask, Ripple and MiniPay, which means that many encryption users may have inadvertently used Squid's routing technology. This positioning of "invisible infrastructure" is the key to what distinguishes the UID from consumer-facing application tokens-its value proposition is rooted in becoming the underlying pipeline of the entire ecosystem, rather than a stand-alone product competing for attention.

Timeline: The launch history of Squid (UID)

July 8, 2026--Squid public offering completed

July 2026--Public offering oversubscribed by 11.8 times

August 4, 2026--QUID Token Generation Event (TGE)

August 4, 2026--On Binance Alpha, Bitget and Kraken start trading

August 4, 2026--Pledge feature launched

Coming soon--More ecosystem products and utilities

Where can I buy and trade Squid (UID)?

The trading and liquidity of UID will be opened simultaneously on multiple platforms during TGE. Binance Alpha will become the first platform to launch this token. Eligible users can use their accumulated Alpha points to receive airdrops through the Alpha activity page after the transaction is opened. Bitget and Kraken will also launch QUE spot trading, while on-chain liquidity will be available through PancakeSwap Infinity on Base.

In addition to purchasing directly through the exchange, users can also purchase QUIDs through the Squid app itself and a range of supporting aggregators, including Kyber Network, Rubic, CoWSwap, LI.FI, Jumper, Rango, Enso, and 0x Protocol-basically any platform that supports PancakeSwap Infinity liquidity.

UID Purchase, Trading and Pledge Channels

Binance Alpha: Online + Alpha Airdrop

Bitget: Spot Trading

Kraken: Spot Trading

PancakeSwap Infinity: DEX Trading and Liquidity

Squid Application: Buy QUID

Squid Pledge Portal: Pledge QUID

Legion: Public offering token collection

Exchanges that support the launch of Squid (QUID)

Many major exchanges will support the launch of QUID during TGE, This allows the token to be widely circulated on centralized and decentralized platforms from day one. The following is the specific situation of each platform.

Binance Alpha: Binance Alpha will become the first platform to launch Squid (QUID) and gain significant exposure during TGE. In addition to a simple transaction entry, Binance Alpha also provides airdrop activities: eligible users can use their accumulated Alpha points to receive rewards through the Alpha activity page after the transaction is opened. This dual role of being both an online platform and an airdrop distribution channel makes Binance Alpha one of the most watched platforms on launch today.

Bitget: Bitget has confirmed the launch of the QUID/USDT trading pair, and deposits have been opened before the official token trading starts (August 4, 13:00 UTC). As one of the major centralized exchanges supporting this launch, Bitget provides QUID with instant spot market liquidity and a global user base, making it one of the more convenient entrances for traders who prefer centralized platforms rather than on-chain redemption.

Kraken: Kraken will launch QUE spot trading at the same time (13:00 UTC). Kraken's online team also provides specific guidance for public offering participants to obtain token quotas through exchanges, so the platform is not only a focus for new buyers, but also an early investor who invested money in the oversubscribed public offering in July. Relevant channels.

PancakeSwap Infinity: In terms of decentralization, PancakeSwap Infinity on Base serves as Squid's official on-chain mobility venue. Users can redeem tokens and provide liquidity from the first day of the transaction. Because the platform is compatible with any platform that supports PancakeSwap Infinity mobility, this launch actually extends access to a wider range of aggregators and DeFi applications.

How public offering investors can receive and pledge tokens

For users participating in the public offering, token collection is processed through the Legion application, and TGE can receive quotas after it goes online. Kraken has also issued separate guidelines for public offering participants to receive quotas, so it is recommended to check the official channels of both platforms for specific steps.

The pledge function is immediately activated during TGE through Squid's dedicated routing pledge portal, which is supported by the official pledge contract published on Basescan. As with token contracts, it is important to use only officially shared links to collect and pledge, because during such high-traffic events, fraudulent websites often imitate legal launch pages.

Security Tips: Beware of fake QUID tokens and airdrop scams

The team has clearly emphasized the following points: the only official UID token exists on the Base chain; there are no other general airdrops other than the Binance Alpha Qualification Program; and the team will never send private messages directly to users. Any receipt of unsolicited information regarding the collection of tokens should be considered a fraud attempt.

Users should cross-verify through Squid's official X, Telegram, Discord, LinkedIn, and websites before interacting with any links, contract addresses, or pickup pages. Given the large number of counterfeiting activities that often occur after major tokens are launched, this verification step is crucial.

Conclusion

The Squid project entered the market with multiple advantages that distinguish it from many new tokens launched: An oversubscribed public offering, support from major exchanges such as Binance Alpha, Bitget and Kraken, and-perhaps most importantly-a functioning infrastructure protocol already used by mature platforms such as MetaMask and Ripple. Let us wait and see the price trend of Squid after it goes online.

Disclaimer: This document is for information purposes only and does not constitute financial, investment or trading advice. Cryptocurrency investment carries significant risks, including the possibility of losing principal. Before making any investment decisions, be sure to conduct independent research and consult a qualified financial adviser.