PAXG vs QNT
PAX Gold 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
PAXG scores 141 of 250 and ranks 30th of 251. QNT scores 116 and ranks 81st. PAXG leads by 25 points, which is a real gap, though small enough that one variable moving would close much of it. PAXG takes 18 of the 25 variables, QNT takes 3, and 4 are level.
The framework rates PAXG HOLD and QNT WATCH. Two tokens close enough to compare do not have to land in the same band, and where they do not, the divergence table below is where the split comes from.
3 variables separate them by 3 points or more. PAXG is clear on Vesting Schedule (10 against 7), Circulating / FDV Ratio (10 against 7) and Insider Selling (8 against 5).
Both score 3 or below on 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.
QNT is valued at $3.53B against $1.79B for PAXG, a 2.0x difference. The smaller of the two scores higher on fundamentals, which is the disagreement worth understanding before either position is taken.
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 | 4 | 3 | PAXG +1 | |
| Revenue Trend | 4 | 4 | level | |
| P/S Multiple | 5 | 4 | PAXG +1 | |
| Real Staking Yield | 2 | 2 | level |
Supply
| Supply Inflation | 8 | 6 | PAXG +2 | |
| Vesting Schedule | 10 | 7 | PAXG +3 | |
| Circulating / FDV Ratio | 10 | 7 | PAXG +3 | |
| Buyback and Burn | 2 | 2 | level |
Ownership
| Smart Money Flows | 6 | 5 | PAXG +1 | |
| Insider Selling | 8 | 5 | PAXG +3 | |
| Holder Concentration | 5 | 4 | PAXG +1 |
Traction
| TVL Trend | 5 | 3 | PAXG +2 | |
| Active Users | 4 | 3 | PAXG +1 | |
| Developer Activity | 3 | 5 | QNT +2 | |
| Network Growth | 4 | 4 | level |
Position
| Market Share | 7 | 5 | PAXG +2 | |
| Competitive Moat | 7 | 6 | PAXG +1 | |
| Institutional Adoption | 7 | 6 | PAXG +1 | |
| Exchange Depth | 6 | 5 | PAXG +1 | |
| Social Mindshare | 4 | 5 | QNT +1 |
Risk
| Regulatory Safety | 8 | 6 | PAXG +2 | |
| Catalyst Calendar | 3 | 4 | QNT +1 | |
| BTC Alpha Potential | 5 | 4 | PAXG +1 | |
| Team Execution | 6 | 5 | PAXG +1 | |
| Treasury Runway | 8 | 6 | PAXG +2 |
Bars read outward from the centre: PAXG 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
| PAXG | QNT | |
|---|---|---|
| Price | $4,118 | $242.14 |
| Market cap | $1.79B | $3.53B |
| Circulating | 99.7% | 99.5% |
| Dilution to full supply | 1x | 1x |
| Off all-time high | -26.7% | -43.3% |
| To recover the high | 1.4x | 1.8x |
| Total value locked | not published | 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
PAXG · HOLD
Gold near $4,380/oz in August 2026 after a record high in January 2026, with continued central-bank buying.
Paxos trust company insolvency or loss of its NYDFS trust charter would break gold redemption peg.
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 PAXG or QNT the better investment?
- On this framework PAXG scores higher: 141 against 116 of 250, and it is rated HOLD against WATCH. That is a ranking of fundamentals as recorded at the last scoring pass, not a price forecast, and PAXG still wins 18 of the 25 individual variables against QNT.
- What is the biggest difference between PAXG and QNT?
- Vesting Schedule. PAXG scores 10 of 10 there and QNT scores 7, a gap of 3 points on a single variable.
- Which is bigger, PAXG or QNT?
- PAXG is valued at $1.79B and QNT at $3.53B on the latest market snapshot.
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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.