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Post-Quantum qONE Token Sells Out in 24 Hours, Raising $950,000 on Hyperliquid

by Arshi
February 10, 2026
in Latest Crypto News
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If the lightning-fast sell-out of the qONE token presale is anything to go by, interest in post-quantum cryptography (PQC) is heating up fast.

The public sale wrapped up in just 24 hours, raising $950,000 despite a broadly bearish crypto market — a clear signal that investors are starting to take the quantum threat seriously.

The qONE token lists today at around 2pm UTC. Presale participants are advised to claim their tokens using the Hyperliquid-compatible Rabby Wallet, with full details on the token generation event available via the official qLABS website.


A Small Sale, Big Signal

qLABS, the team behind qONE, made just 2% of the total token supply available in the presale — a deliberately limited allocation.

That decision appears to have paid off. Demand far outstripped supply, helping the project stand out at a time when many token launches struggle to gain traction.

qONE is notably the first quantum-resistant token on Hyperliquid, designed as an ERC-20-focused PQC solution and developed in partnership with 01 Quantum, a publicly listed Canadian cybersecurity firm specialising in quantum resilience.

Given the cautious mood across crypto markets, qLABS’ decision to cap the presale may have helped reduce speculative excess while keeping the focus on long-term fundamentals.


“Speculators Beware”

The team at qLABS is unusually upfront about its intentions.

According to the company, the small presale allocation was designed to limit early volatility, maintain long-term alignment with users, and ensure sufficient funding for development and ecosystem growth.

In other words: this isn’t a project chasing a quick pump.

And timing may be on their side. While the crypto industry has long discussed quantum risk in abstract terms, awareness is now starting to feel more urgent.

Even though figures like Nvidia CEO Jensen Huang suggest useful quantum computers are still 15–30 years away, other experts believe the timeline could be closer to 5–10 years.

Either way, the consensus is shifting: waiting is no longer an option.


Preparing for “Q-Day”

The looming concern is so-called Q-Day — the moment quantum computers become powerful enough to derive private keys from public ones, effectively breaking today’s public-key cryptography.

That risk doesn’t just affect crypto. It extends to banking systems, internet security, and any infrastructure relying on RSA, elliptic curve cryptography, or similar standards.

qLABS believes crypto custodians, institutions, and serious asset holders are finally beginning to plan for that future — rather than dismiss it as a distant theoretical problem.


Why qLABS Thinks It Has an Edge

When asked how qONE fits into the competitive landscape, the qLABS team breaks the field into three camps:

  1. Post-quantum research and migration projects (such as Project Eleven), which focus on identifying vulnerable keys and mapping long-term migration paths — particularly for Bitcoin and legacy assets.

  2. Chain-level upgrades, where Layer-1s and Layer-2s explore future cryptographic changes. These tend to be slow, consensus-heavy, and often incompatible with existing assets.

  3. Wallet and custody experiments, which improve key management but stop short of full, NIST-aligned post-quantum security.

As Executive Director Ada Jonuse puts it:

“qONE’s competition is not a single product, but the combination of inaction, delayed chain upgrades, and partial security solutions that don’t protect assets today.”


Compatible With Existing Chains — That’s the Key

So what sets qLABS apart from projects like Project Eleven, which has backing from firms including Coinbase Ventures?

According to Jonuse, the difference lies in compatibility.

“Our technology makes quantum-resistant cryptography compatible with existing chains. By combining a proprietary zero-knowledge proof engine with NIST-approved post-quantum algorithms, we enable faster, cheaper migration without sacrificing performance — even though PQC keys are more than 20 times larger than standard ones.”

At the core of qONE is IronCAP, a post-quantum cryptography system developed by 01 Quantum and aligned with standards from the U.S. National Institute of Standards and Technology (NIST).

The team says its first production-ready solution will launch in Q1 2026, starting with a wallet-based security layer designed to protect assets before quantum attacks become viable.


Ethereum Comes First

qLABS plans to roll out its solution to ERC-20 assets first, followed by Solana, and eventually other Layer-1 networks — including Bitcoin.

The reasoning is straightforward.

“The first step in fighting the quantum threat is protecting holders’ assets today,” says the team. “Every chain should begin from a secure environment.”

The core product, known as Quantum-Sig, acts as a security protocol rather than a replacement wallet — meaning users retain control of their funds. It’s designed for both retail users and institutions, positioning qONE as infrastructure rather than a speculative add-on.


A Utility Token in a Meme-Heavy Market

After a long stretch where meme coins dominated attention, qONE stands out as a use-case-driven token.

qLABS estimates the total addressable market for ERC-20 assets at roughly $1 trillion, with qONE targeting quantum-resistant protection for 2% of that market, or around $20 billion in secured assets.

According to the project, value accrual comes from transaction and service fees, staking rewards tied to real protocol usage, and deflationary mechanics such as burns or buybacks.

Jonuse sums it up cautiously:

“Exact projections are speculative, but the model is designed so that token value scales with the volume of assets secured — not hype alone.”

In a market increasingly hungry for substance, that message may be exactly why qONE sold out so fast.

Arshi

Arshi

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