The dc SQUID had been presented for use in the rf SQUID instead of a weak link. The new device, referred to as “double SQUID”, possesses a large output signal (hundreds of microvolts) in operating in a hysteretic mode. For making an operating mode a double SQUID is coupled to a circuit traditional for rf SQUIDs containing a tank circuit and an rf current pumping generator. The magnetic flux being measured is recognized by the dc SQUID quantization loop which results in changing its critical current. As a result the height of the flat part of the tank circuit I–V characteristics coupled to a double SQUID is modulated. It is this modulation that is the SQUID output signal. The experimental investigations of the double SQUID showed the validity of the assumptions under consideration. Output signals up to 690 μV, noise spectral density ≈2×10−5ϕ0/ Hz 1/2 (ϕ0 is the flux quantum) and energy resolution ≈1.4×10−29 J/Hz have been obtained.