The highly anticipated Squid ($QUID) token sale officially opens today, June 30, 2026, at 13:00 UTC. Squid Router token sale ICO is going to start on Legion and Kraken, expected a good ROI. This article will guide you about Squid token sale on Legion and provide you a detailed review so you can decide whether you should invest in squid router ICO or not.
Squid is a leading cross-chain router built on Axelar that has processed over $6 billion in volume across 100+ blockchains. With the launch of its native $QUID token, the protocol is transitioning to a community-governed model.
If you are planning to invest via the Legion launchpad, here is the concise, no-nonsense guide to everything you need to know about the sale, tokenomics, and potential airdrop rewards.
The Core Sale Details of Squid Router
The public sale is designed with a fixed price and a strict hard cap. Because it operates on a pro-rata basis, oversubscribed pledges will be scaled down.
- Token Price: $0.045
- Fully Diluted Valuation (FDV): $45,000,000
- Raise Hard Cap: $2.25 Million
- Total Supply: 1,000,000,000 (Fixed, zero inflation)
- Purchase Limits: $100 minimum – $100,000 maximum per user
- Sale Window: June 30, 13:00 UTC to July 3, 13:00 UTC
- TGE & Unlock: 100% Unlocked at TGE (Targeting Q3 2026)
Squid ICO Tokenomics & Unlocks: A Huge Win for the Public
One of the most attractive aspects of the $QUID sale is how the team has structured insider unlocks to protect early public buyers.
- Public Sale: 100% unlocked and liquid on Day 1 (TGE).
- VCs, Team, and Strategic Partners: 0% unlocked at TGE. All insiders (who hold roughly 64% of the supply) are locked behind a strict 12-month cliff. They will not receive a single token until a full year after the Token Generation Event. At Month 12, they receive a 25% unlock, followed by linear vesting. This ensures zero VC sell pressure during the first year of trading.
QUID Priority Allocation & Ecosystem Rewards
While a traditional “free money” retroactive airdrop hasn’t been explicitly detailed, Squid has allocated 7.5% of the supply (75,000,000 tokens) to Ecosystem Growth, with a massive 70 million unlocking right at TGE.
Here is how early users are being rewarded:
- Priority Allocation: If you have used Squid in the past (e.g., swapping on app.squidrouter.com or holding Squid NFTs or using Rango Exchange), you must fill out the Squid Priority Allocation Form by July 3. This bumps you up the merit list on Legion, meaning your pledge won’t be scaled down as harshly. Fill it out here: sale.squidrouter.com/submit-history
- Staking Rewards: 5 million $QUID from the ecosystem pool is dedicated purely to Year-1 staking rewards. If you buy in the public sale, you can stake immediately at TGE to earn yield.
Is QUID token a Good Investment at a $45M FDV?
In the current crypto landscape, a $45M FDV for a protocol with proven product-market fit, $6 billion in historical volume, and zero token inflation is considered highly competitive.
Compared to established direct competitors like Stargate ($STG) or Across ($ACX)—which often float between $200M and $500M FDVs—Squid is launching at a conservative valuation. Combined with the 12-month VC cliff, this low initial float creates a strong setup for price discovery, provided the broader crypto market remains stable.
How to Participate on Legion Squid Router Token Sale
To secure your allocation, complete these steps before the window closes on July 3, 13:00 UTC:
- KYC on Legion: Create your account on the Legion launchpad and pass the MiCA-compliant ID verification. (Note: U.S. and U.K. residents must use Kraken instead).
- Fund Your Wallet: You will need USDC or USDT to make your pledge, plus enough Ethereum (ETH) on the Ethereum mainnet to cover gas fees, that you can buy from Binance with Credit/Debit cards.
- Submit Priority Form: Go to
sale.squidrouter.com/submit-historyand link your Legion ID, past EVM wallets, and social accounts to maximize your allocation share. - Pledge: Submit your investment amount on the Legion portal. Unused funds from pro-rata scale-downs will be refunded to your wallet.
Still facing issues participating in Legion Squid Router token sale. Check out this video tutorial –
Disclaimer: Cryptocurrency investments are highly volatile. This guide is for informational purposes only and does not constitute financial advice. Always do your own research.
