Market-cap peers

QNT vs TAO

Quant and Bittensor 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.

QNT score
116/250
81st of 251 · WATCH
TAO score
128/250
49th of 251 · CAUTIOUS HOLD
Variables won
5 to 13
7 level of 25
Framework prefers
TAO
by 12 points
01

What separates them

QNT scores 116 of 250 and ranks 81st of 251. TAO scores 128 and ranks 49th. TAO leads by 12 points, which is a real gap, though small enough that one variable moving would close much of it. QNT takes 5 of the 25 variables, TAO takes 13, and 7 are level.

The framework rates QNT WATCH and TAO CAUTIOUS HOLD. 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.

5 variables separate them by 3 points or more. QNT is clear on Vesting Schedule (7 against 2), Circulating / FDV Ratio (7 against 3) and Supply Inflation (6 against 3). TAO is clear on Real Staking Yield (6 against 2) and Network Growth (7 against 4).

Both score 3 or below on Protocol Revenue, Buyback and Burn. 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.

TAO still has 46% of its eventual supply to enter circulation against 0.5% for QNT. On the same market capitalisation, a buyer of TAO is taking the 1.85x dilution path and a buyer of QNT the 1x one.

QNT is valued at $3.53B against $3.29B for TAO, a 1.1x difference. The smaller of the two scores higher on fundamentals, which is the disagreement worth understanding before either position is taken.

02

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

Cash flow variables compared between QNT and TAO
Protocol Revenue3
3level
Revenue Trend4
5TAO +1
P/S Multiple4
3QNT +1
Real Staking Yield2
6TAO +4

Supply

Supply variables compared between QNT and TAO
Supply Inflation6
3QNT +3
Vesting Schedule7
2QNT +5
Circulating / FDV Ratio7
3QNT +4
Buyback and Burn2
2level

Ownership

Ownership variables compared between QNT and TAO
Smart Money Flows5
7TAO +2
Insider Selling5
5level
Holder Concentration4
4level

Traction

Traction variables compared between QNT and TAO
TVL Trend3
4TAO +1
Active Users3
5TAO +2
Developer Activity5
7TAO +2
Network Growth4
7TAO +3

Position

Position variables compared between QNT and TAO
Market Share5
7TAO +2
Competitive Moat6
6level
Institutional Adoption6
6level
Exchange Depth5
7TAO +2
Social Mindshare5
8TAO +3

Risk

Risk variables compared between QNT and TAO
Regulatory Safety6
6level
Catalyst Calendar4
6TAO +2
BTC Alpha Potential4
5TAO +1
Team Execution5
6TAO +1
Treasury Runway6
5QNT +1

Bars read outward from the centre: QNT to the left, TAO 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.

03

Market and supply

Market and supply figures for QNT and TAO
QNTTAO
Price$242.14$289.32
Market cap$3.53B$3.29B
Circulating99.5%54%
Dilution to full supply1x1.85x
Off all-time high-43.3%-61.8%
To recover the high1.8x2.6x
Total value lockednot publishednot published
NetworkEthereumBittensor

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.

04

Catalyst and risk on each side

QNT · WATCH

Catalyst

Overledger enterprise partnerships (e.g., Oracle, SIA); ISO 20022 compliance

Principal risk

Centralized token supply; slow real-world adoption vs. Hyperledger/Corda

TAO · CAUTIOUS HOLD

Catalyst

Dtao subnet tokenization enabling sub-token economies; AI compute demand structurally growing

Principal risk

No real revenue accrual to TAO; subnet quality highly variable; BTC-correlated with extra volatility; 44% supply still to emit

05

Common questions

Is QNT or TAO the better investment?
On this framework TAO scores higher: 128 against 116 of 250, and it is rated CAUTIOUS HOLD against WATCH. That is a ranking of fundamentals as recorded at the last scoring pass, not a price forecast, and QNT still wins 5 of the 25 individual variables against TAO.
What is the biggest difference between QNT and TAO?
Vesting Schedule. QNT scores 7 of 10 there and TAO scores 2, a gap of 5 points on a single variable.
Which is bigger, QNT or TAO?
QNT is valued at $3.53B and TAO at $3.29B on the latest market snapshot.
06

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.