The Squid crypto presale has closed. It ended July 3, 2026, at 1:00 PM UTC. And it blew past every early target.
Buyers didn't just meet the goal. They crushed it. Here's the full story, in order.
The sale opened June 30, 2026, at 1:00 PM UTC. That's 6:30 PM IST for readers in India. Buyers got a 72-hour window to join.
Source: X Post
The team set a hardcap of $2.25 million. That cap fell on day 2. By day 3, commitments had doubled it.
Final numbers tell the real story:
Total funds raised landed at $25.5 million. Check your allocation through Kraken or Legion.
Here's where it gets interesting for holders. The QUID airdrop claim goes live July 5, 2026, at 12:00 AM UTC. Native Squid Router users can enlist right now. Enlisting lets you review your upcoming allocation size before claiming.
There's more news for the community. A DAO proposal passed. It moved 50% of the team's supply into this airdrop. That's a big shift toward community ownership.
Final allocations get revealed July 8, 2026. Anyone left uncommitted gets a refund after that date.
Distribution happens at TGE, short for token generation event, the day new coins first hit wallets. That's expected sometime in Q3 2026. No exact date is set yet.
Exchange details aren't confirmed either. But signs point toward Kraken and Coinbase as likely venues. Nothing is official yet.
The QUID presale numbers show real demand. Over 3,500 people committed funds in just 72 hours. That's rare right now.
Still, nothing is guaranteed until launch happens. Figures, dates, and venues can shift. Treat every projection here as unconfirmed until announced.
Expert Opinion: Oversubscription at nearly 12x signals strong early interest, but early interest never guarantees long-term value. Allocation reveals and refund timing on July 8 will show how sustainable that demand really is. Watching the TGE date and first exchange listings will matter far more than presale hype.
YMYL Disclaimer: This piece covers financial and investment-related information. It is for informational purposes only, not financial advice. Crypto assets carry high risk, including total loss of funds. Always do independent research and consult a licensed financial advisor before making any investment decision.

