Quantus ranks #119 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #771: 652 of the 770 assets ahead of it are not native coins but tokens or claims. A token is issued on a host blockchain rather than running its own; a claim stands for an asset already counted. Of the 774 non-native assets CoinSpectrum lists above it by market cap, about 62% are tokens, 28% are claims on other assets and 9% are memecoins.
| CoinSpectrum Grade | B · 65/100 · provisional |
|---|---|
| Rank among cryptocurrencies | #119 |
| Rank counting claims | #771 |
| Market capitalisation | $24M |
| Price | $78.20 |
| Circulating supply | 309,384 QTC |
| Maximum supply | 21,000,000 QTC |
| Consensus family | Proof of Work |
| Consensus mechanism | QPoW (Poseidon2) |
| Own hashrate | 38 TH/s |
| Network purpose | Payments |
| Ledger type | Single-asset ledger |
| Launch distribution | Presale |
Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.
B — 65 out of 100, provisional (from 16 of 20 criteria, 28 October 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 50 to 72 (D to B).
| Criterion | Score | Basis |
|---|---|---|
| Leading Consensus Mechanisms (Source) | 10 | group average |
| Consensus: leader ladder | 10 | Proof of work: 10 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| Consensus: family ladder | 10 | Proof of work: 10 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Cryptocurrency Standards (Source) | 5.2 | group average, 10 of 13 measured |
| Sound Money Qualities (6 checks) | 10 | 4 of 4 points, 2 not yet measured source |
| Scarcity: a fixed cap that holds, and a supply near 21 million | 10 | fixed maximum supply of 21 million: supply scale 10, cap 10 |
| Durability: five years or more with no halt, freeze or reversal | – | |
| Fungibility: every unit interchangeable, none the protocol can freeze or set apart | ✓ | no authority can freeze, blacklist or set apart a coin |
| Divisibility: the smallest unit worth a cent or less | ✓ | 12 decimal places, the smallest unit worth $7.8e-11 |
| Portability: fees of a cent or less and capacity for real demand | – | |
| Verifiability: open-source nodes and checking without a trusted server | ✓ | node software open source; pruned nodes validate everything |
| Privacy (5 checks) | 4 | 2 of 5 passed source |
| Whitepaper privacy: keys are not tied to an identity | ✓ | Any sr25519/ed25519 key can hold and send QTC; the Substrate balances pallet carries no identity check. |
| UTXO ledger: a new key for each payment, no account linking every coin | ✗ | |
| Network-level privacy: the node hides where a transaction came from (Dandelion++, Tor or I2P, on by default) | ✗ | Substrate libp2p gossip with no Dandelion or built-in Tor. |
| Hidden amounts (confidential transactions, RingCT, shielded pools, Mimblewimble) | ✗ | Wormhole transfers show the burned and minted amounts on chain. |
| Hidden sender and receiver (ring signatures or zero-knowledge proofs, one-time or stealth addresses) | ✓ | Mainnet (Sep 2026) wormhole transfers: funds go to a one-time unspendable address derived from a secret and are re-minted to an exit account with a Plonky2 zero-knowledge proof, breaking the sender-receiver link. |
| Scalability (fees, throughput, block time, block space, features) | — | too few measures yet source |
| Fees ($0.001 or less 10, $1 or more 0) | – | not yet measured |
| Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5) | – | not yet measured |
| Block time (10 minutes 10, less either side) | 4.1 | a block every 14 seconds |
| Block space per 10 minutes (32 MB or more 10) | – | not yet measured |
| Features (3 checks) | 3.3 | 1 of 3 passed |
| Payments safe to accept within seconds | ✗ | Proof-of-work blocks about every 12 s with probabilistic confirmation. |
| Pruned nodes: a full node can validate and drop old history | ✓ | Substrate node CLI --state-pruning (default 256) and --blocks-pruning. |
| Light clients verify payments from headers or proofs, without a trusted server | ✗ | Quantus is a proof-of-work Substrate chain, which smoldot (built for BABE/Aura with GRANDPA) cannot follow, and no other light client ships for it. |
| Security (miner pay and 7 checks) | 6.1 | 6.1 of 9 points source |
| Miners paid a day ($1,000 0, $10 million or more 10), 2 points | 5.6 | about $171,615 a day |
| Its own hashrate: at least half its algorithm's largest, not merge-mined | ✓ | |
| Largest pool or validator under 50% | ✓ | 47.7% |
| Largest three under 75% | ✗ | 78.6% |
| More than one maintained client | ✗ | 1 |
| Node software is open source | ✓ | Quantus Labs develops the only node, a Substrate-based chain (Quantus-Network/chain, MIT). |
| Real on-chain use: 1,000+ transactions a day | ✓ | about 6,852 a day |
| No 51% attack or deep reorganisation in five years | ✓ | |
| Programmability (tokens, contracts, 5 checks) | 1.1 | 1 of 9 points source |
| Token issuance | 0 | No token issuance on the chain itself |
| Smart contracts | 0 | The Substrate runtime has fixed pallets (balances, reversible transfers, multisig, vesting, wormhole, zk-tree) and no contract pallet. |
| Multisig and time locks | ✓ | pallet_multisig for m-of-n accounts and pallet_vesting for time-locked vested transfers are in the runtime. |
| Atomic swaps with other chains | ✗ | No hash-lock pallet or contract system, so an HTLC cannot be expressed. |
| An exchange built into the protocol | ✗ | No exchange pallet. |
| Cross-chain messaging the chain verifies itself | ✗ | No XCM or bridge pallet; the wormhole pallet is a privacy feature, not a cross-chain bridge. |
| Non-fungible tokens | ✗ | No NFT or uniques pallet. |
| Decentralisation | 5.1 | section average, 6 of 8 measured |
| Censorship resistant (Source) | 10 | No authority can halt the chain or freeze funds: No sudo key; reversible transfers and guardians are opt-in by the account owner; runtime changes go through referenda and a tech collective. source |
| No central team (Source) | 0 | A central team directs it: Quantus Labs develops the only node, a Substrate-based chain (Quantus-Network/chain, MIT). source |
| Who can mint (Source) | 10 | Proof of work: 10 of 10 on the ladder of who produces blocks |
| Nodes (Source) | — | Not yet counted |
| Holder concentration (Source) | — | Not yet measured |
| Premine (allocated at launch) | 0.2 | 98.5% of today's supply allocated at launch to founders, a company, a foundation or investors. 5.67M QTC (27% of the 21M cap) minted at genesis on 2026-09-09: 23% to investors, founders and team, 4% to the company. Against a current total supply of ~5.755M (CoinGecko, Oct 2026), that is ~98.5%; the share falls toward 27% as the remaining 15.33M are mined. source |
| Fundraising | 0.2 | Sold by its issuer or insiders: 98.5% of supply was theirs to sell. Not established. The whitepaper gives a single combined 23% of the 21M cap (4.83M QTC) to investors, founders and team, with no split and no round sizes. Only an unverified report of a Balaji-led second round exists, so the sold share cannot be separated from team holdings. The upper bound is 4.83M / ~5.755M current supply. Investor-funded; the whitepaper names no investors and no amounts. An unverified commentary post says Balaji led a second round with Babak Nivi and Mert participating. source |
| Developer share (after launch) | 10 | No developer share: every new coin goes to the miners or validators who produce blocks. No cut. A 50/50 treasury/miner split was coded in July 2026 but removed on 15 Aug 2026 ("Quantize rewards and remove treasury rewards"), before the 9 Sep 2026 mainnet; the mining-rewards pallet mints the whole block reward (remaining supply / 50,000,000) plus fees to the miner. The treasury holds genesis funds only. source |
| Supply & Demand | 7.8 | group average |
| Supply & Demand (Source) | 5.6 | average of 3 measures |
| Exchanges (10 or more: 10) | – | exchanges not yet counted |
| Daily volume ($10K 0, $1B or more 10) | 4.7 | $2,271,974 traded in 24 hours; #405 by volume |
| Turnover (volume ÷ market cap, 5% a day: 10) | 8.5 | 9.4% of its market cap a day |
| Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10) | – | no order book on the nine exchanges read |
| Market cap ($1M 0, $10B or more 10) | 3.5 | $24M, 3.5 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | – | not measured |
| Supply (smaller is better) | 10 | fixed maximum supply of 21 million |
| Record | 8.5 | group average, 2 of 3 measured |
| Record (origin, claims, halts) | 10 | 3 positive, 0 negative source |
| Positive record | ||
| Launched with a stated purpose, not as a joke | ✓ | |
| No claims by its founders that contradict its own design | ✓ | |
| No halt, freeze or reversal in five years | ✓ | |
| Age (years since genesis) (Source) | — | Genesis date not yet researched |
| Development (work, improvements, unfixed issues) | 7 | 2 positive, 0 negative source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 1,883 commits in 12 of the last 12 months (github.com/Quantus-Network/chain); chain v1.0.2-Qm, 21 Sep 2026 (mainnet 9 Sep 2026); frequent releases. |
| Shipped a scaling upgrade in two years, +1 | ✓ | Runtime v153 (release v1.0.2-Qm, 21 Sep 2026): fee reductions. |
Twenty criteria, weighted equally. The Cryptocurrency Standards have six sections: sound money qualities (six checks: scarcity, durability, fungibility, divisibility, portability, verifiability), privacy (five checks), scalability (four measures and three features), security (miner pay and seven checks), programmability (token issuance, smart contracts and five checks) and decentralisation (censorship resistance, no central team, who can mint, nodes, holders, premine, fundraising and developer share). Provisional: criteria marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.
309,384 of a maximum 21,000,000 QTC are in circulation — 1.5% of the total that will ever exist.
| Premine (allocated at launch) | 98.5% of today's supply |
|---|---|
| Developer share received since launch | 0% of today's supply |
| Developer share of new coins today | 0% |
| Fundraising | Private or venture funding |
5.67M QTC (27% of the 21M cap) minted at genesis on 2026-09-09: 23% to investors, founders and team, 4% to the company. Against a current total supply of ~5.755M (CoinGecko, Oct 2026), that is ~98.5%; the share falls toward 27% as the remaining 15.33M are mined.
Investor-funded; the whitepaper names no investors and no amounts. An unverified commentary post says Balaji led a second round with Babak Nivi and Mert participating.
Not established. The whitepaper gives a single combined 23% of the 21M cap (4.83M QTC) to investors, founders and team, with no split and no round sizes. Only an unverified report of a Balaji-led second round exists, so the sold share cannot be separated from team holdings. The upper bound is 4.83M / ~5.755M current supply.
No cut. A 50/50 treasury/miner split was coded in July 2026 but removed on 15 Aug 2026 ("Quantize rewards and remove treasury rewards"), before the 9 Sep 2026 mainnet; the mining-rewards pallet mints the whole block reward (remaining supply / 50,000,000) plus fees to the miner. The treasury holds genesis funds only.
Agrees with the current 'presale' label and basis. The sold share can't be separated, because the whitepaper lumps investors with founders and team in the 23% tranche. The circulating figure of ~300k excludes the locked genesis supply.
Sources: bittime.com · aicoin.com · github.com · github.com · github.com · quantus.com. Researched 2026-10-24, low confidence.
Quantus is secured by 38 TH/s of its own work. Hashrate does not compare across algorithms — a SHA-256 hash and a Scrypt hash cost different amounts to produce.
No SEC/CFTC determination — unclassified.
The regulator's position, reported as stated, not CoinSpectrum's. Assets nobody has ruled on are left unclassified rather than sorted by a guess.
Quantus is #119 among cryptocurrencies and #771 in the market ranking, which lists wrapped coins, staked derivatives, stablecoins and tokens alongside them. CoinSpectrum counts an asset once, and counts only cryptocurrencies: assets with their own blockchain and their own consensus. A wrapped coin, a staked derivative or a stablecoin is a claim on something already counted; a token, memecoin or otherwise, runs on another chain's blocks. All of them are listed, each in its own section, and none is added to the total. The 652 places between Quantus's two ranks are held by claims and tokens, not by other networks. The methodology sets out the rule and the counting rule argues for it.
The price above is the median of the exchanges the site reads live, checked every minute and cross-checked against a market snapshot (how market data is gathered). The grade is scored on published criteria, each with its source (the method). The site is independent, nothing on it is a paid placement, and its statements are signed (about CoinSpectrum, the manifesto).