ONDO vs QNT
Ondo Finance and Quant scored on the same 25 variables, ranked against the same 251 tokens, with every gap between them shown.
Scoring pass 18 Sept 2026. Market snapshot 7 Oct 2026.
What separates them
ONDO scores 115 of 250 and ranks 84th of 251. QNT scores 116 and ranks 81st. QNT leads by 1 points, which is inside the range where the individual variables matter more than the total. ONDO takes 11 of the 25 variables, QNT takes 11, and 3 are level.
5 variables separate them by 3 points or more. ONDO is clear on TVL Trend (9 against 3) and Catalyst Calendar (8 against 4). QNT is clear on Vesting Schedule (7 against 1), Circulating / FDV Ratio (7 against 2) and Supply Inflation (6 against 2).
Both score 3 or below on Protocol Revenue, Buyback and Burn, Real Staking Yield. A weakness both sides share is not a reason to prefer either. It is a reason to check whether the category itself carries the problem.
ONDO still has 51.3% of its eventual supply to enter circulation against 0.5% for QNT. On the same market capitalisation, a buyer of ONDO is taking the 2.05x dilution path and a buyer of QNT the 1x one.
QNT is valued at $3.53B against $2.27B for ONDO, a 1.6x difference. The larger of the two also scores higher, so the market and the framework agree on the ordering here.
ONDO trades 78.3% below its all-time high and QNT 43.3% below its own. Recovering the high needs 4.6x from ONDO and 1.8x from QNT, which is the same statement read as the return each one has to produce.
All 25 variables, head to head
Both tokens were scored by the same framework in the same pass, so the numbers are directly comparable. What a comparison adds over two separate pages is the gap: a 6 against a 6 is a non-event, a 9 against a 3 is the reason to hold one and not the other.
Cash flow
| Protocol Revenue | 2 | 3 | QNT +1 | |
| Revenue Trend | 5 | 4 | ONDO +1 | |
| P/S Multiple | 1 | 4 | QNT +3 | |
| Real Staking Yield | 1 | 2 | QNT +1 |
Supply
| Supply Inflation | 2 | 6 | QNT +4 | |
| Vesting Schedule | 1 | 7 | QNT +6 | |
| Circulating / FDV Ratio | 2 | 7 | QNT +5 | |
| Buyback and Burn | 1 | 2 | QNT +1 |
Ownership
| Smart Money Flows | 6 | 5 | ONDO +1 | |
| Insider Selling | 3 | 5 | QNT +2 | |
| Holder Concentration | 1 | 4 | QNT +3 |
Traction
| TVL Trend | 9 | 3 | ONDO +6 | |
| Active Users | 4 | 3 | ONDO +1 | |
| Developer Activity | 4 | 5 | QNT +1 | |
| Network Growth | 7 | 4 | ONDO +3 |
Position
| Market Share | 8 | 5 | ONDO +3 | |
| Competitive Moat | 6 | 6 | level | |
| Institutional Adoption | 9 | 6 | ONDO +3 | |
| Exchange Depth | 5 | 5 | level | |
| Social Mindshare | 6 | 5 | ONDO +1 |
Risk
| Regulatory Safety | 8 | 6 | ONDO +2 | |
| Catalyst Calendar | 8 | 4 | ONDO +4 | |
| BTC Alpha Potential | 4 | 4 | level | |
| Team Execution | 7 | 5 | ONDO +2 | |
| Treasury Runway | 5 | 6 | QNT +1 |
Bars read outward from the centre: ONDO to the left, QNT to the right. The side that leads a variable is filled. Each score is 1 to 10 against the same definition applied to all 251 rated tokens.
Market and supply
| ONDO | QNT | |
|---|---|---|
| Price | $0.4649 | $242.14 |
| Market cap | $2.27B | $3.53B |
| Circulating | 48.7% | 99.5% |
| Dilution to full supply | 2.05x | 1x |
| Off all-time high | -78.3% | -43.3% |
| To recover the high | 4.6x | 1.8x |
| Total value locked | $3.00B | not published |
| Network | Ethereum | Ethereum |
Price, market cap and all-time high from the CoinGecko snapshot fetched 7 Oct 2026. Supply shares are derived from circulating and eventual supply counts, which do not move with price. The 25 scores come from the research pass dated 18 Sept 2026.
Catalyst and risk on each side
ONDO · WATCH
DTCC production trades July 2026, fee switch vote H2 2026, SEC probe closed
Zero token revenue, 57.79% holder concentration, relentless open dilution through 2028
QNT · WATCH
Overledger enterprise partnerships (e.g., Oracle, SIA); ISO 20022 compliance
Centralized token supply; slow real-world adoption vs. Hyperledger/Corda
Common questions
- Is ONDO or QNT the better investment?
- On this framework QNT scores higher: 116 against 115 of 250, and it is rated WATCH against WATCH. That is a ranking of fundamentals as recorded at the last scoring pass, not a price forecast, and ONDO still wins 11 of the 25 individual variables against QNT.
- What is the biggest difference between ONDO and QNT?
- Vesting Schedule. ONDO scores 1 of 10 there and QNT scores 7, a gap of 6 points on a single variable.
- Which is bigger, ONDO or QNT?
- ONDO is valued at $2.27B and QNT at $3.53B on the latest market snapshot.
Related comparisons
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Research and analysis, not investment advice. A higher score is one framework applied consistently to 251 tokens, not a prediction that one asset will outperform the other.