Dear LBank users,

QUID1 (Squid) will be listed on LBank at 13:00 on August 4, 2026 (UTC). The details are as follows:
 
Trading Pair: QUID1/USDT
Trading Zone: USDT Zone
Token Label: DEFI
Start Deposit: 13:00 on August 4, 2026 (UTC)
Start Trading: 13:00 on August 4, 2026 (UTC)
Start Withdrawal: 13:00 on August 5, 2026 (UTC)
 
QUID1/USDT spot at:  /en-US/trade/quid1_usdt
※ This will be effective upon commencement of trading.

  • About QUID1 (Squid)
 
Squid (QUID) is the native token of Squid, a cross-chain infrastructure platform designed to enable seamless movement of digital assets across multiple blockchains. Squid connects 100+ chains, 130+ DEXs and thousands of tokens through its routing engine, SDK and bridge solutions. QUID is designed to support ecosystem participation through staking, governance and future ecosystem utilities. Squid has processed billions of dollars in cross-chain volume and provides infrastructure services for users and developers seeking efficient blockchain interoperability.
 
⚠️ Note:
The transaction fee of QUID1/USDT is Taker (0.2%), Maker (0.2%).
 
Due to the duplicate name “QUID”, the token with the contract address https://basescan.org/token/0x8032c4e7f8317e1f1f115c0e62a67cf07b94cb00 has had its ticker on the platform changed to QUID1. Users are advised to carefully check asset information when making deposits or trades to avoid potential losses.

Based on market conditions, LBank may adjust the trading parameters of the spot market from time to time, which may include the minimum order quantity, price precision, or other relevant parameters without further announcement.
 
LBank will continue to optimize and improve its products and services to provide users with a better trading experience.