
Quant
QNT#32QNT is the token of Quant's Overledger, software that connects banks and blockchains, used to pay for access to the platform.
- Market cap
- $3.21B
- Volume 24h
- $1.47B
- All-time high
- $427.42
- −37.79% from ATH
- Circulating supply
- 14.54M of 14.61M
Does not clear all 8 Shariah criteria. Needs caution: nature of the asset, gambling (maysir), business model, and excessive uncertainty (gharar).
- 4 pass
- 4 caution
- 0 fail
Verdict history
- DoubtfulCurrent
First publication
Fundamentals, market picture and news will appear here.
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.
Sources · 9
- Companies House — QUANT NETWORK LTD (09798383) overview
- Etherscan — QNT token contract creation transaction (block 5392950)
- Etherscan — Quant (QNT) token tracker
- quantnetwork/overledger-treasury-community (GitHub)
- Quant Developer Hub — Staking QNT
- The Clearing House Partners with Quant to Advance the On-Chain Money Initiative (PR Newswire)
- Quant (QNT) — CoinGecko API
- Quant Network Review (Coin Bureau)
- Quant Network (GitHub organisation)
AI-assisted analysis checked against sources. Not a fatwa or investment advice.
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
- Market cap
- $3.21BRank #32
- Fully diluted value
- $3.89BAt 14.61M QNT
- Volume 24h
- $1.47B45.70% of market cap
- Total supply
- 14.61M QNTIssued so far
- All-time high
- $427.42Sep 11, 2021 · −37.79%
- All-time low
- $0.2158Aug 22, 2018
- Circulating supply
- 14.54M QNT99.5% of max supply
- Max supply
- 14.61M QNTFixed by protocol
Where it trades
No exchanges from our coverage trade Quant yet
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