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Quant

QNT#36

QNT is the token of Quant's Overledger, software that connects banks and blockchains, used to pay for access to the platform.

$202.27
2.44%24h208.15%30d

Market cap
$2.44B
Volume 24h
$66.14M
All-time high
$428.38
−52.78% from ATH
Circulating supply
12.07M of 14.88M
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Is Quant halal?

Our verdict on 8 Shariah criteria, with confidence, explanations and sources.

  • Interest (riba)
  • Nature of the asset
  • Gambling (maysir)
  • Business model
  • + 4 more criteria
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About Quant

QNT is the token of Quant's Overledger, software that connects banks and blockchains, used to pay for access to the platform.

Quant builds Overledger, software that connects different blockchains with each other and with banks' existing payment systems. It is developed by Quant Network Ltd, a private company registered in London and led by its founder Gilbert Verdian. QNT is an ERC-20 token on Ethereum; its contract was deployed on 6 April 2018 and the tokens were sold in a 2018 token sale that raised about $11 million.

QNT is the platform's access token rather than a share in the company. Secondary sources describe Overledger licence fees as paid in QNT, which Quant's treasury holds for the licence term, and Quant's earlier treasury design routed QNT payments from users to the gateways that relay transactions. Holding QNT gives no claim on Quant's profits. Staking of QNT was announced but, on 27 September 2026, was not live on mainnet.

Data aggregators report a fixed supply of about 14.6 million QNT, of which about 14.5 million circulate; the Ethereum contract itself still reports 45,467,000, the figure before unsold sale tokens were reportedly burned in 2018. On 27 September 2026 QNT had a market value of about $2.5 billion.

Quant works mainly with banks. On 24 September 2026 The Clearing House, owned by major US banks, chose Quant to run the coordination layer of a network for tokenised bank deposits, expected in the first half of 2027. Overledger's core code is proprietary, so the network depends on one company rather than an open community.

Key facts

Launched
Apr 6, 2018
Creator
Gilbert Verdian
Issuer
Quant Network Ltd (09798383)

What it is used for

  • Paying for access to Quant's Overledger platform and licences
  • Payments between platform users and gateway operators
  • Infrastructure linking bank payment systems with blockchains
  • Spot trading and self-custody as an ERC-20 token

Market data

CoinMarketCap · Oct 19, 2026, 00:26 UTC
Market cap
$2.44BRank #36
Fully diluted value
$3.01BAt 14.88M QNT
Volume 24h
$66.14M2.71% of market cap
Total supply
14.88M QNTIssued so far
All-time high
$428.38Sep 11, 2021 · −52.78%
All-time low
—
Circulating supply
12.07M QNT81.1% of max supply
Max supply
14.88M QNTFixed by protocol

Where it trades

14 exchanges from our coverage · no referral links

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