QNT

#51

Quant Network

Quant Network

Networks · Interoperability
QNT#51
Mcap$2.14B
$179.027.51%

QNT Metrics

Spot Volume (24H)

$82.28M+15.61%

Marketcap

$2.14B

FDV

$2.59B

Mindshare

Low

Metrics (24H)

1 Notable Posts

Circ. Supply

12.1M

Sentiment

24HSentiment
7DSentiment

Max Supply

14.6M

Mcap/FDV

82.62%

Total Supply

14.6M

Sector Ranking

#20

Futures Volume

$27.03M

Open Interest

$54.72M

Volatility (30D)

96.36%

About & Links

QNT Performance

1Y Price Performance +120.48%
All Time High
$421.31-57.96%
Sep 11, 2021
Cycle Low
$41.93+322.45%
Jun 13, 2022
First Trade
Jan 29, 2019 on
B
Bittrex

Related to QNT

Trending

QNT Chart
All Charts
$179.02
37.50% Past Month
Price
$179.0237.50%
Mindshare
0.1%39.60%
More Charts

QNT Metrics

Spot Volume (24H)

$82.28M+15.61%

Marketcap

$2.14B

Mindshare

Low

Sentiment Chg

24Hnegative
7Dpositive

Circ Supply

12.1M

FDV

$2.59B

Max Supply

14.6M

Mcap/FDV

82.62%

Total Supply

14.6M

Notable Posts

: 1 (24H)

Futures Vol

$27.03M

Open Interest

$54.72M

Funding Rate

-

Volatility (30D)

96.36%

QNT Performance

1Y Price Performance +120.48%
All Time High
$421.31-57.96%
Sep 11, 2021
Cycle Low
$41.93+322.45%
Jun 13, 2022
First Trade
Jan 29, 2019 on
B
Bittrex

Quant Network News & Insights

Create Your Own Report
Last Updated: Oct-29-2026 11:30 UTC

Quant Network: Project Update

Get Caught Up

The most significant recent development for Quant Network is the launch of Quant Fusion's Multi-Ledger Rollup, announced on the project's 10th anniversary. Quant Fusion is a new infrastructure layer described as a "Layer 2.5" architecture for digital asset interoperability, built on the existing Overledger platform. It is designed to connect public and permissioned blockchains, enabling cross-network movement of digital assets and logic "without bridges, wrapped tokens, [or] compliance compromise" 12. The Multi-Ledger Rollup allows execution and settlement across multiple Layer 1 blockchains within a "single shared environment," and users can access it through Quant Connect 12. This matters because it positions Quant to serve institutions seeking seamless cross-chain functionality without the security and compliance trade-offs typically associated with bridges and wrapped tokens. Quant Fusion is currently live on Devnet with initial support for Ethereum, Polygon, and Avalanche, featuring EVM compatibility and using QNT as the fee token, with Testnet and Mainnet planned for subsequent rollout 2.

Biggest Stories of 2025

  • Quant Fusion Multi-Ledger Rollup launch: The team announced the launch of Quant Fusion's Multi-Ledger Rollup, accessible through Quant Connect, marking a major product milestone on the project's 10th anniversary. (October 13, 2025) 1
  • Quant Fusion introduction: Quant Network introduced Quant Fusion, a "Layer 2.5" infrastructure layer built on Overledger for digital asset interoperability, comprising a Multi-Ledger Rollup and a "Network of Networks" with fine-grained access control. It launched on Devnet with support for Ethereum, Polygon, and Avalanche, using QNT as the fee token. (June 30, 2025) 2
  • Recognition as a revenue-generating token: Quant ($QNT) was highlighted among ten tokens with real revenue paths, noted for benefiting from non-speculative demand as institutions pay licensing fees to use its Overledger technology for secure blockchain connectivity. (December 26, 2025) 3

About & Links

Access funding rounds, raises, and more

Interoperability Sub-Sector Media

Interoperability Sub-Sector Media

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Quant Network FAQs

What is Quant Network?

Quant Network is a blockchain solutions provider known for creating the Overledger Network, an API gateway that connects different distributed ledgers, or blockchains. It is inspired by the TCP/IP model used for internet data exchange, aiming to facilitate interoperability across multiple blockchains. This allows developers to build multichain decentralized applications (mDApps) without needing to code extensively. The Overledger system supports smart contracts and digital assets, enabling users to interact with various blockchains through Quant Connect, their platform. A key feature of Quant is that it allows the deployment and transfer of smart tokens across networks, enhancing blockchain interactions source.

What is the history of Quant Network?

Quant Network was founded in 2015. The project is credited to Gilbert Verdian, who had a vision to solve interoperability problems in the digital ledger space by creating Overledger, an open-source blockchain operating system. Gilbert Verdian has extensive experience in various sectors and is known for establishing the ISO Standard TC307, which aids in standardizing blockchain technology worldwide. This standard addresses the needs of interoperability, security, and privacy in blockchain technology and has been adopted by over 50 countries. Verdian's background includes roles such as the CTO of HM Treasury. Another key figure in Quant's foundation is Paolo Tasca, who joined Verdian in launching the company [source: Crunchbase, Quant Network website].

Can I stake Quant Network to earn rewards?

No, you cannot stake any tokens in this project. Quant Network currently does not have any staking mechanisms available for its QNT tokens.

Has Quant Network experienced any hacks, exploits or outages?

Based on the available data, the Quant Network project has not suffered any notable hacks, exploits, or outages that resulted in a significant loss of money directly to its native protocol or network. The search did not reveal any such incidents affecting the core Quant Network infrastructure or its QNT token within the specified timeframe.

Is Quant Network safe? How is it secured?

Quant Network employs several security measures and technologies that are noteworthy for their uniqueness and robustness in securing their blockchain solutions:

  1. Secure Asset Transfer Protocol (SATP):

    • Developed in collaboration with the Internet Engineering Task Force (IETF), SATP facilitates secure and interoperable digital asset transfers across different distributed ledger technology (DLT) networks. It aims to provide a standardized communication protocol, enhancing security by ensuring transactions are safely conducted between networks (Quant).
  2. Overledger Security:

    • Overledger, Quant Network's blockchain operating system, is key to their security strategy. It ensures interoperability across different blockchains and facilitates regulatory-compliant security token exchanges. Overledger Authorise further adds to the security by enabling enterprises to manage blockchain transaction signing processes and keys securely, integrating with identity management systems (Quant).
  3. Quant Smart Audit:

    • This service offers smart contract auditing to protect against vulnerabilities that could lead to significant financial losses. With smart contracts being a common target for hacks and exploits, auditing ensures that the code quality and resilience meet high-security standards. The service is aimed at preventing financial damage through coding errors or mismanagement (Quant Smart Audit).
  4. Partnerships and Protocol Development:

    • Quant Network collaborates with leading institutions like MIT and IBM to develop protocols that enhance blockchain security and interoperability. These partnerships are foundational to creating standards that secure DLT applications and networks (Quant).
  5. No Major Vulnerabilities Reported:

    • According to the available data, no major vulnerabilities, hacks, or attacks have been reported against Quant Network's systems, indicating a strong security posture and effective preventive measures (Quant).

Overall, Quant Network leverages its unique technologies and strategic partnerships to ensure a high level of security and trust across blockchain applications, with no significant vulnerabilities reported to date.

Has Quant Network been audited?

While Quant Network is known for promoting its "Quant Smart Audit," which provides smart contract auditing services aimed at safeguarding enterprises against smart contract vulnerabilities, there are no verifiable external audit records specific to the Quant Network itself. The available information emphasizes their own offerings and internal improvements without detailing third-party audits.

Quant Network Profile

In 2016, while working on the ISO Standard TC307 for enterprise blockchains to improve cross-ledger communication, Gilbert Verdian conceived the idea of Overledger. With Overledger, Verdian sought to build a protocol-agnostic API gateway that could connect permissioned enterprise blockchains and public blockchains. This eventually became the foundation for Quant Network.

In June 2020, the Quant team released the first public testnet version of the Overledger 1.0 testbed gateways. The testnet release enabled enterprises to build applications across multiple testnet chains for networks like Bitcoin and Ethereum. In May 2021, the Quant team released Overledger 2.0, which offered improvements to the developer experience, increased stability for cross-platform applications, and migration from its SDK to open API standards. Subsequently, in September 2021, the Overledger Network (OVN) version 2.0 was launched on the mainnet, granting application developers and enterprise users mainnet access to gateways across the Bitcoin, Ethereum, and XRP ledgers.

Notable developments and upgrades in Overledger’s development history include:

  1. Overledger Version 2.1.7 (February 2022) - Enabled the creation of QRC-20 smart contracts (similar to ERC-20 token contracts on Ethereum), uniquely designed for multichain token creation using the OVN as an abstraction platform. With this release, developers can create QRC-20 tokens, initiate credit or debit transfers, and pre-approve transfers. An upgraded Version 2.2.2 went live in March 2022, and developers to mint and burn QRC-20 tokens.
  2. Overledger Version 2.2.1 (March 2022) - Introduced OVN support for Polygon testnet transactions, enabling users to create and monitor MATIC transactions on the Polygon testnet. An upgraded Version 2.2.3 in April 2022 released Polygon mainnet access to OVN developers.
  3. Overledger Version 2.2.4 (April 2022) - Introduced OVN support for Polkadot Westend Testnet, enabling developers to create and monitor DOT transactions on the testnet. An upgraded Version 2.2.5 introduced OVN API support for the Polkadot mainnet.
  4. Overledger Version 2.2.8 (June 2022) - Introduced OVN support for Enterprise Hybrid blockchain XDC on testnet.
  5. Overledger Version 2.2.9 (June 2022) - Released Quant's OVN API for creating and deploying QRC-20 tokens across Ethereum, Polygon, and XDC mainnets. With this new release, OVN developers were enabled to mint QRC-20 tokens on the mainnet of supported networks.
  6. Overledger Version 2.2.11 (July 2022) - Enabled the connection of Quant Overledger to Hyperledger Fabric, a permissioned blockchain platform.
  7. Overledger Version 2.2.12 (August 2022) - Introduced QRC-721 tokens to the Overledger API, enabling users to create and deploy QRC-721 NFTs to Ethereum, Polygon, and XDC mainnets.
  8. Overledger Version 2.2.24 (February 2023) - Introduced OVN support for Avalanche C-Chain.
  9. Overledger Platform Launch (June 2023) - A low-code platform that enables institutions to issue digital assets such as CBDCs across multiple networks.
  10. Collaboration with BIS and the Bank of England on Project Rosalind (June 2023) - Quant announced that it had partnered with UST to provide blockchain infrastructure for Project Rosalind, A CBDC project pioneered by the Bank of England’s Project Rosalind.
  11. Patent Acquisition (August 2023) - Quant disclosed that it had secured a patent for chronologically ordering blockchain transactions.
  12. Quant Audit Service (September 2023) - With the launch of this service, Quant aims to provide smart contract audit services for enterprise blockchains and institutions.
  13. Overledger Authorise Launch (Oct. 10, 2023) - An enterprise-grade solution that enables institutions to manage blockchain transaction signing and key generation.

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