SquillPrice(SQUILL)
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Squill (SQUILL) Price information (USD)
The current real-time price of SQUILL is $0.0224. In the past 24 hours, SQUILL has traded between $0.0223 and $0.0224, showing strong market activity. The all-time high of SQUILL is $0.5234, and the all-time low is $0.0201.
From a short-term perspective, the price change of SQUILL over the past 1 hour is
Squill (SQUILL) Market Information
Squill (SQUILL) Today's Price
The live price of SQUILL today is $0.0224, with a current market cap of $79,857.10. The 24-hour trading volume is 1.51. The price of SQUILL to USD is updated in real time.
Squill (SQUILL) Price History (USD)
No data
What is SQUILL (SQUILL)?
When is the right time to buy SQUILL? Should I buy or sell SQUILL now?
Before deciding whether to buy or sell SQUILL, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s SQUILL technical analysis can provide you with trading references.
Future price trend of SQUILL
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for SQUILL.
How much will SQUILL be worth tomorrow, next week, or next month in ? What about your SQUILL assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! SQUILL Price Prediction
How to buy SQUILL (SQUILL)
Convert SQUILL to local currency
SQUILL Resources
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0xde3b...f1528c  | 5.311M | 53.11% |
ethereum | 0x2aea...504e8c | 1.351M | 13.51% |
ethereum | 0x812e...8e2c36 | 1.008M | 10.09% |
ethereum | 0x4c36...0d7617 | 847.201K | 8.47% |
ethereum | 0x2034...6c9c8c | 313.316K | 3.13% |
Other | 1.168M | 11.68% |
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SQUILL (SQUILL) FAQ
What is the Squill (SQUILL) token?
Squill (SQUILL) is the primary governance token for the Open Stablecoin Index ($OPEN). It empowers holders to manage a diversified basket of decentralized stablecoin governance tokens, including assets like AAVE, CRV, LQTY, and RSR. By participating in the ecosystem, SQUILL holders can earn a share of the protocol's revenue. The project was originally initiated by SQUID DAO and operates under a decentralized autonomous organization (DAO) structure to ensure community-driven management.
What is the $OPEN index and its purpose?
$OPEN is an equal-weight on-chain index that tracks leading decentralized stablecoin networks. Built on the Reserve protocol, its goal is to provide users with diversified exposure to the "stablecoin multiverse." Instead of managing multiple individual protocols, the index allows for a streamlined approach to holding a basket of decentralized assets, focusing on transparency and stability across the decentralized finance landscape.
What is the utility and supply of SQUILL?
SQUILL is designed for governance and yield generation. Holders can lock their tokens to gain voting power, allowing them to decide which stablecoins are included in the $OPEN index. In return for governance participation, users earn a portion of the protocol's management fees. The token has a strictly fixed maximum supply of 10,000,000 SQUILL, ensuring no further tokens can be minted beyond this cap.
What is the difference between SQUILL and its locked versions like veSQUILL or vlSQUILL?
SQUILL is the liquid, tradable version of the token that can be held in digital wallets or traded on exchanges. On the other hand, veSQUILL (vote-escrowed) and vlSQUILL (vote-locked) are versions created when a user locks their SQUILL tokens for a set period. These locked versions are non-tradable but grant the holder active voting power and eligibility to receive a share of the protocol's revenue and emissions.
How do users stake SQUILL and earn rewards?
To earn rewards, users typically participate in "vote-locking" through the Stability Pool or the protocol’s dashboard. By depositing SQUILL to mint governance power, users become eligible for protocol fees and liquidation rewards. It is important to note that these rewards do not auto-compound; users must manually claim their earned rewards and redeposit them if they wish to increase their staking position.
How does the governance process work and where can SQUILL be accessed?
The $OPEN index rebalances quarterly through "ReGenesis" proposals, where locked SQUILL holders vote on adding or removing component tokens based on liquidity and transparency. SQUILL is a decentralized application (dApp) built on the Ethereum and Fraxtal networks. It is not an independent blockchain. Users can acquire SQUILL through leading decentralized exchanges and major platforms like LBank.
