Crypto Gloss

Quant

Quant (QNT) is an Ethereum ERC-20 utility token used in Quant Network services. The project develops Overledger, software for connecting blockchain and enterprise systems, and Quant Fusion, a multi-ledger rollup that uses QNT in its trusted-node staking design.

Market Data Snapshot

Stat Value
Ticker QNT
Price $188.76
Market Cap $2.748B
24h Change -5.20%
Circulating Supply 14.556 million QNT
Total Supply 14.612 million QNT
Maximum Supply 14.612 million QNT
All-Time High $427.42

CoinGecko snapshot reviewed 2026-10-23. Market values change. Supply figures are provider estimates and do not necessarily show tokens available for sale.

What Quant and Overledger Do

Overledger is Quant Network software for connecting applications and existing systems to multiple distributed ledgers through APIs. It is not itself the QNT token, and it is not a single public blockchain whose transactions are all validated by QNT holders. Quant presents Overledger as infrastructure for interoperability, asset movement, and multi-chain applications.

Quant Fusion is a separate multi-ledger rollup built around Overledger technology. Quant announced that Fusion mainnet went live in 2026 and said its launch connected 74 networks. That is a project-reported launch description; it does not by itself demonstrate active use, transaction volumes, or adoption by every connected network.

Tokenomics and Supply

CoinGecko currently lists about 14.556 million QNT as circulating and about 14.612 million as both total and maximum supply. The 2026 QNT MiCA disclosure hosted by Bitstamp states a different total supply of 14,881,364 QNT. The figures do not match, and the sources reviewed here do not explain the difference. The table uses CoinGecko figures as a dated market-data snapshot rather than treating them as a legal guarantee.

QNT is an ERC-20 token on Ethereum. Quant describes it as a utility token for access to Overledger services and related licensing. Its current materials also describe QNT as the native token and staking mechanism for trusted nodes on Fusion. Node operators may stake QNT to process transactions and earn rewards tied to network activity. This does not establish a fixed retail yield or guarantee that activity will create market demand for QNT.

The public materials reviewed for this update do not provide a complete, independently verifiable current allocation and vesting schedule. Wallet counts, exchange addresses, and a supply maximum are not enough to identify beneficial owners or calculate future selling. No token distribution or unlock schedule is inferred here.

What Holding QNT Does Not Mean

QNT is not company stock. The 2026 MiCA disclosure says the token does not give holders ownership, equity, profit-sharing, or redemption rights against Quant or related entities. Access to products and any staking participation remain subject to the product terms, technical requirements, and eligibility rules in effect. A Quant partnership, software deployment, or network announcement is not proof that the same amount of QNT is being bought or locked for every customer.

Risks and Limits

  • Adoption risk: Overledger or Fusion can attract technical interest without creating enough paid usage or QNT demand to support a particular market valuation.
  • Implementation risk: Multi-ledger systems depend on their software, connected networks, security controls, trusted-node operations, and integrations. Connecting to a network does not remove that network’s own risks.
  • Token and market risk: QNT trades on external markets, where its price can move sharply. Market-data supply estimates can differ from issuer disclosures, as the figures above illustrate.
  • Staking risk: Node participation requires meeting Quant’s technical and contractual requirements. Rewards, access, and service conditions can change; no fixed return is promised.

Social Media Sentiment

Two r/QuantNetwork discussions reviewed on October 23, 2026 address whether institutional announcements and Fusion translate into measurable QNT use. Some replies argued that QNT is required for network access or staking; others questioned what customers actually pay in QNT and said public information does not quantify the token demand created by a contract. The discussions also included price optimism. They are a narrow sample of one project’s holder community, not a measure of wider sentiment or evidence of future returns: discussion about the Clearing House selection and QNT use and discussion of QNT licensing fees and token demand.

Last updated: 2026-10

Related Terms

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