# Quant’s QNT Retreats From Late-September High as Futures Open Interest Readings Diverge

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/31133
Published: 2026-10-13T12:46:54.000Z
Updated: 2026-10-13T12:46:54.000Z
Section: Investing

> QNT was retreating from its late-September high of $373.66 as futures open-interest readings moved toward approximately $120 million.

QNT was retreating from its late-September high of $373.66 as futures open-interest readings moved toward approximately $120 million.

An Oct. 13 update at 8:30 a.m. ET (12:30 p.m. UTC) gave QNT at $219.34, down 6% over 24 hours. QNT had reached $373.66 after rising from below $100 before declining toward the $215–$220 area.

Futures open interest increased from roughly $11 million–$15 million between July and Sept. 23 to about $190 million after the price breakout. It later declined toward approximately $120 million from Oct. 2 as QNT moved toward $225.81.

Open interest measures the value of futures positions that remain open. A decline indicates reduced outstanding derivatives exposure, but the figure alone does not establish whether traders closed positions voluntarily, changed hedges or faced forced liquidations.

The available snapshots differed. One market-data reading showed QNT at $238.41 with futures open interest of $139.19 million. Another historical futures entry showed $116.99 million in open interest, a $225.88 close and a funding rate of -0.00073%. A separate historical record showed a $225.85 close for Oct. 12 in UTC-based data.

The snapshots differ, and their observation times and data displays are not identical. The figures should therefore be treated as approximate snapshots rather than a single confirmed market-wide reading.

The update identified $215–$220 as a relevant support area. A four-hour close below $215 was presented as a technical scenario that could expose levels between $160 and $180. Those levels are scenarios, not confirmed outcomes.

QNT is the token associated with Quant’s Overledger interoperability platform. Overledger connects blockchain networks with traditional financial systems and other infrastructure, and QNT can be used to pay for Overledger subscriptions.