Quant (QNT) API and Price Oracle

Quant API Logo

Quant

QNT
$
Information
For informational use only; request a custom oracle/API for production below.
General information
Contract address
Smart contract address of the asset
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0x4a22...4675
Network
Blockchain network where the asset is deployed
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Ethereum
Methodology
Pricing methodology used to determine the price of the token in USD. By default, all price feeds on the DIA App are calculated with a MAIR methodology. This parameter is customisable.Learn more about methodologies.
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MAIR
Update frequency
120 seconds is the default update frequency. This parameter is customisable.Learn more about oracle updates.
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120s
Next update
24h Volume
The total volume captured by DIA across all the integrated sources.
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Source
Volume 24h
Trades 24h
Pairs
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Token information

What is Quant (QNT)?

Quant (QNT) is a blockchain project aiming to connect and operate different blockchain networks together. It acts as an intermediary layer that enables seamless communication and interoperability between various protocols. Founded in 2018 by Gilbert Verdian, Quant Network is the company behind the project. The name "Quant" stands for "Quantum," signifying the project's goal of harnessing the power of quantum computing.

How does Quant work?

Quant (QNT) is a blockchain project that aims to bridge different networks and enable seamless interoperability between them. The underlying technology behind Quant is the Overledger Network.

The Overledger Network is a decentralized network that connects different blockchains and enables the exchange of information and value across them. The network is designed to be blockchain-agnostic, meaning it can work with various blockchain protocols such as Ethereum, Bitcoin, and Ripple.

Quant leverages blockchain oracles to gather and verify data from external sources. A blockchain oracle is an essential component that provides trusted information to smart contracts on the blockchain. These oracles ensure that the data used in decentralized applications is accurate and reliable. The oracles used by Quant are chosen for their reputation and credibility.

The Quant token (QNT) plays a crucial role in the functioning of the network. It is used for paying transaction fees, accessing services, and incentivizing network participants. By holding QNT, users can also participate in the consensus process and contribute to the security and stability of the network.

Overall, Quant operates as a facilitator for interoperability between different blockchains. It enables seamless communication and data transfer, while ensuring the trustworthiness and integrity of the shared information. This technology has the potential to enhance the capabilities of decentralized applications and drive innovation in the blockchain ecosystem.

What are the benefits of Quant?

Quant is a blockchain platform that offers a range of benefits compared to its direct competitors. One of the key advantages of Quant is its interoperability feature, which allows seamless integration and communication between different blockchain networks. This is a significant benefit as it overcomes the limitations of isolated blockchain networks and creates a more connected and efficient ecosystem.

Unlike its direct competitors, Quant provides a solution that enables enterprises to bridge different platforms and applications securely. This interoperability enables efficient data sharing and collaboration, which can lead to improved efficiency and reduced costs for businesses.

Another benefit of Quant is its focus on privacy and security. The platform uses advanced cryptographic techniques and privacy protocols to protect user data and ensure the confidentiality of transactions. This is particularly important in industries where data privacy is crucial, such as finance and healthcare.

In addition, Quant distinguishes itself from its competitors by its scalability. The platform is built to handle high transaction volumes, making it suitable for applications that require fast and reliable processing.

Overall, Quant's benefits compared to its direct competitors lie in its interoperability, privacy, security, and scalability features. These advantages make it an attractive option for businesses looking to leverage blockchain technology while addressing the challenges of connectivity, privacy, and scalability.

What is Quant used for?

Quant is a blockchain platform designed to facilitate the development and deployment of decentralized applications (DApps) and smart contracts. It aims to address the challenges of scalability, interoperability, and security by leveraging various technologies.

Quant is used in a range of applications. One common use case is in the financial industry, where Quant enables the creation of decentralized financial products and services. These can include lending and borrowing platforms, decentralized exchanges (DEXs), and stablecoins.

One specific case where Quant has proven to be highly beneficial is in supply chain management. By utilizing blockchain technology, Quant provides a transparent and immutable record of the entire supply chain process. This can help improve efficiency, traceability, and accountability in the movement of goods.

For example, consider a food company that wants to ensure the authenticity and quality of its products. By integrating Quant into its supply chain, the company can create a decentralized network where each step of the process, from farming to packaging to distribution, is recorded on the blockchain. This way, consumers can view the complete history of each product, including information about the origin, ingredients, and production methods. This not only builds trust between the company and its customers but also enables prompt identification and resolution of any quality or safety issues.

Overall, Quant's versatility makes it a valuable tool for various industries. Whether it's in finance or supply chain management, Quant provides the infrastructure needed to create secure and transparent decentralized applications.

What is DIA's Quant API?

DIA's Quant API is an essential tool for developers and users in the blockchain ecosystem. It provides real-time price feeds for various crypto assets, sourcing data from over 85 on-chain and off-chain exchanges. These price feeds offer unparalleled accuracy and reliability, setting DIA apart from other web3 data providers.

While DIA does provide free API endpoints for testing purposes, their true value lies in the custom feeds. These custom feeds can be tailored according to specific requirements, allowing users to customize their data sources, methodologies, update mechanisms, and more. By offering dedicated API price feeds, DIA ensures that users have access to personalized and high-quality data.

The use cases for DIA's API are diverse and far-reaching. In the realm of DeFi applications, the price information from DIA's API can be applied to derivatives, options and futures trading, lending and borrowing markets, collateralized stablecoins, synthetic asset issuance, money markets, and much more. Additionally, in the growing field of NFTfi applications, DIA's API can support peer-to-pool NFT lending and borrowing, on-chain NFT derivatives, NFT renting, NFT fractionalization, and various other use cases.

In summary, DIA's Quant API offers a comprehensive and customizable solution for accessing real-time price feeds in the blockchain ecosystem. While free API endpoints are available for testing, the true benefits and utility lie in the custom feeds that DIA can provide. Developers and users can leverage these custom feeds to create innovative and tailored solutions for their specific needs. For more information and to request a custom feed, interested parties can reach out to DIA via Discord or Telegram channels.

What is DIA's Quant price oracle?

DIA's Quant price oracle is a smart contract that offers real-time price feeds for cryptocurrencies. It is integrated with over 35 layer 1 and layer 2 networks, allowing DIA to deploy price oracles across multiple blockchains. These oracles are constructed using raw data from over 85 on-chain and off-chain cryptocurrency and NFT exchanges, resulting in highly accurate and reliable price information.

While DIA provides demo oracles for developers to test, these are only for testing purposes and cannot be integrated into production applications. However, DIA offers custom configuration for price feeds, tailored according to specific requirements. Custom price oracle data feeds can be customized in terms of sources, methodologies, update mechanisms, and more. To request a custom feed, users can contact DIA through Discord or Telegram.

The possibilities for using DIA's price oracles span across the blockchain ecosystem. In the DeFi space, these oracles can be utilized for derivatives, options and futures, lending and borrowing markets, collateralized stablecoins, synthetic asset issuance, money markets, and more. In the NFTfi segment, DIA's price oracles enable applications such as peer-to-pool NFT lending and borrowing, on-chain NFT derivatives, NFT renting, NFT fractionalization, and many others.

For those unfamiliar with the term, a blockchain oracle is an external information provider that supplies verified data from outside the blockchain to smart contracts. DIA's custom oracles offer valuable and customizable solutions for users seeking accurate and tailored price data for their applications. To learn more about DIA's price oracles and how to request custom feeds, developers can refer to DIA's documentation available at https://docs.diadata.org/.

Why use DIA's QNT API & price oracle?

DIA's QNT API and QNT Price Oracle offer numerous benefits for users in the blockchain ecosystem. Utilizing DIA's technology, users can access accurate and reliable price data for cryptocurrencies and NFTs. One of the main advantages of using DIA's API or Price Oracle for a specific token is the high level of customization available.

With DIA's technology, each oracle and API endpoint can be tailored to meet the specific needs of decentralized applications. This includes configuration settings such as the data sources that make up the feed, the data cleaning filters, pricing methodologies, and the update mechanisms and frequency. This level of customization ensures resilience to the market's unique conditions, providing global market as well as specific individual or cross-chain market prices. By offering a tailored solution for every user, DIA's API and Oracle feeds ensure robustness and resilience.

Another significant benefit of DIA's API and oracles is the transparency they provide. DIA's technology offers full and granular transparency across the entire data journey. This means that users can have confidence in the integrity and accuracy of the data they are accessing. Additionally, DIA provides various tracking and monitoring tools that allow users to closely monitor the performance of the oracle and API feeds.

Overall, DIA's QNT API and QNT Price Oracle offer users in the blockchain ecosystem access to accurate and customizable price data, while also ensuring transparency and monitoring capabilities. These benefits make DIA's technology a valuable tool for individuals and applications seeking reliable and tailored data solutions.

Why use DIA data feeds and oracles?

Transparent
DIA provides full insight on the oracle’s data journey as well monitoring tools to track feeds in real-time.
Customisable
Oracles can be tailored to any use case in terms of data sources, methodologies and update mechanisms and much more.
Broadest coverage
DIA provides price oracles for 3,000+ cryptocurrencies: from blue-chip tokens to long-tail assets.