Bitget has added QUID, the newly launched token for cross-chain routing protocol Squid Router, to two of its promotional trading products. On CandyBomb, users can trade QUID to share a 120,000 USDT reward pool, while on PoolX, users can lock XAUT and QUID to become eligible for a QUID airdrop.
The listing comes just days after QUID's own debut. Squid Router, which routes value across more than 100 blockchains in a single transaction and has processed over $6 billion across roughly 4 million transactions since its January 2023 mainnet launch, opened a public sale for QUID at a $45 million fully diluted valuation in late June 2026. That sale, held on Legion and Kraken, was oversubscribed by 11.8 times, drawing $26.5 million in commitments from 3,535 participants across 78 countries. QUID then debuted on Binance Alpha on August 4, with Bitget's CandyBomb and PoolX listings following the next day.
What Squid Router does
Squid's cross-chain routing infrastructure is embedded in more than 1,000 integrator applications, including wallets and platforms such as MetaMask, Ripple, Ledger, Brave and Keplr, letting users move assets between chains without manually bridging through multiple separate transactions. QUID, issued as an ERC-20 token on Base, functions as the protocol's native token, with utility centered on staking, governance and access to premium features.
Exchange campaigns as post-launch liquidity tools
CandyBomb and PoolX are recurring promotional formats Bitget uses to direct trading volume and staking activity toward newly listed tokens shortly after launch. Pairing QUID with XAUT, Bitget's tokenized gold product, in the PoolX lock-to-earn format gives holders of an established, lower-volatility asset a way to gain exposure to the new token's airdrop without directly buying QUID on the open market.
