Post-Quantum qONE Hyperliquid Token Completes Sale in 24 Hours, Generating $950,000

The unprecedented sell-out of the qONE token presale indicates that the demand for Post-Quantum Cryptography (PQC) solutions is exceptionally high at this moment.

The qONE token is set to be listed today at approximately 2pm UTC. Contributors to the presale are advised to utilize the Hyperliquid-compliant Rabby Wallet to claim their tokens. Additional information regarding the token generation event can be accessed on the official qLABS website.

qLabs is the organization behind a new token that has successfully raised $950,000 from contributors in a public sale that reached its limit within 24 hours. A total of two percent of the overall token supply was made available to contributors.

qONE is recognized as the first quantum-resistant token on Hyperliquid. It represents an ERC-20-focused PQC solution developed in collaboration with the publicly traded Canadian cybersecurity firm 01 Quantum, which specializes in quantum resilience.

In light of the unusually robust presale, especially considering the bearish climate that has enveloped crypto markets, the project may have made a prudent decision by opting for what it terms a ‘limited’ presale.

We did it.
The $qONE sale is officially SOLD OUT.
To everyone who participated, shared the link, assisted others in onboarding, and supported the mission — thank you. This wasn’t merely a fundraising effort. It was a declaration: our community is committed to real infrastructure, built for what lies ahead.… pic.twitter.com/5AgEjro0oX

— qLABS (@qlabsofficial) February 7, 2026

qONE Team Issues Caution to Speculators

qLABS states that the relatively limited allocation was intended to mitigate early speculative volatility, maintain long-term alignment, and secure adequate funding for the treasury and ecosystem.

It can be argued that the crypto sector is gradually recognizing the threat it faces.

While tech leaders like Nvidia CEO Jensen Huang believe that practical quantum computers will not arrive for another 15-30 years, others suggest it could be more like 5-10 years.

Regardless, organizations must begin planning now, both in the crypto space and beyond, wherever public-key cryptography is utilized.

qLabs asserts that businesses and other custodians of crypto assets are now acknowledging the importance of preparing for Q-Day (the day when quantum computers can derive private keys from public keys by breaking the encryption) seriously.

qLABS Technology May Hold a Notable First-Mover Advantage

Whether it’s RSA (commonly used for internet and banking services), Elliptic Curve Cryptography (ECC) for key generation, or SHA-256 for hashing (encrypting transactions), or in the case of ERC-20 assets, Keccak-256 for hashing and ECDSA (Elliptic Curve Digital Signature Algorithm) for signing – the urgency for effective solutions is now capturing attention.

We inquired with the qLabs team about how their solution fits into the landscape. They categorize the competitive environment into three distinct segments:

1. Post-quantum research and migration initiatives (e.g., Project Eleven), which primarily focus on identifying vulnerable keys and facilitating long-term migration strategies, especially for Bitcoin and legacy assets.
2. Chain-level solutions, where Layer-1s or Layer-2s investigate future cryptographic enhancements. These tend to be slow, consensus-driven, and not backward-compatible with existing assets.
3. Wallet and custody providers are testing stronger key management, but not fully aligning with NIST standards for post-quantum cryptography.

Consequently, Ada Jonuse, Executive Director, states, “qONE’s competition is not a single product, but rather the combination of inaction, delayed chain upgrades, and partial security solutions that fail to protect assets today.”

So, how does qONE’s quantum-resistant technology set itself apart from competitors like Project Eleven, which is supported by entities such as Coinbase Ventures?

“qLABS technology integrates quantum-resistant cryptography with existing chains. By combining a proprietary zero-knowledge proof engine with NIST-approved post-quantum algorithms, qLABS facilitates faster and more cost-effective migration for Layer 1 chains while also enhancing overall chain performance. This is notable given that PQC-based private and public keys are over 20 times larger than standard ones,” Jonuse explains.

The National Institute of Standards and Technology (NIST) serves as the US standards agency. 01 Quantum’s IronCAP technology underpins the qONE post-quantum cryptography solution.

The team indicates that the qLABS solution is expected to launch in Q1 2026 “to safeguard major crypto assets from quantum threats today through a wallet technology solution.”

qLABS is strategically positioned to capitalize on the advantages of being a first mover. “To our knowledge, no effective solutions are available to address this issue at such an early stage,” Jonuse remarks.

ETHEREUM PREPS FOR THE QUANTUM ERA
The Ethereum Foundation has officially identified Post Quantum (PQ) security as a key strategic priority.
A new dedicated team has been established to safeguard Ethereum against potential quantum computer threats.
Buterin mentioned there is “about a 20% chance… pic.twitter.com/ZuTqQczuKN

— Coin Bureau (@coinbureau) January 24, 2026

Ethereum Assets Will Be the Initial Beneficiaries

qLABS has opted to implement its solution for ERC-20 assets first, followed by Solana and subsequently other Layer 1 solutions, including Bitcoin.

“We firmly believe that the initial step in combating the quantum threat is to secure the assets of crypto holders today, and every chain should commence from that secure foundation. We have it prepared.

“This strategy aligns closely with what Project Eleven is communicating regarding their upcoming technological milestone aimed at providing a safety solution on the wallet side.”

The Quantum-Sig product serves as the foundational technology behind the solution, which can be viewed as a security protocol rather than a replacement wallet that assumes control of funds.

The product will be accessible to both end users and businesses. Market participants may find it encouraging to witness such robust use-case tokens emerging after a period dominated by virtually worthless meme coins.

qLABS estimates the total addressable market for ERC-20 assets to be $1 trillion, with qONE targeting quantum-resistant security for 2% ($20 billion).

The project states that value accrual will stem from transaction and service fees; staking rewards supported by protocol usage and deflationary mechanisms (burns or buybacks).

In a measured tone, Jonuse concludes: “Exact projections are speculative, but the model is designed so that token value scales with secured asset volume, rather than mere speculation.”

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