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updated $0Market cap$293.81K
Volume 24h$9.69
Circulating supply713.8M
Quantstamp (QSP) is a token tied to one of the first companies in crypto specializing in smart contract security audits. It was issued on Ethereum as an ERC-20 token and was originally designed to pay for automated audits and reward security researchers within the Quantstamp protocol. In plain terms, it's a utility token for blockchain security services — not a currency and not its own blockchain.
Frequently asked questions
What is Quantstamp (QSP) and how is it different from other cryptocurrencies?
QSP is the utility token of Quantstamp, a company that audits smart contracts and blockchain protocols for vulnerabilities. Unlike coins that aim to be digital money or run their own networks, QSP was built around one specific service — security checks. The Quantstamp team has audited a long list of well-known DeFi and Web3 projects over the years.
How does Quantstamp's technology work?
QSP is an ERC-20 token, so it has no blockchain or consensus of its own — all transfers are processed and secured by the Ethereum network. In the original design, users paid QSP to run automated audits, while validators staked QSP to verify reported bugs and earned rewards for honest work. The staking protocol was never fully rolled out, and the company shifted its focus to conventional audit services.
How is QSP emission and supply structured?
The entire supply was created at launch — there is no mining, and no new tokens are ever minted. QSP was distributed through a public token sale in 2017, with allocations for the team, advisors, and a network reserve. A portion of that reserve was later burned, so the supply can only shrink over time.
How do you store and use QSP?
Since QSP is a standard ERC-20 token, any Ethereum-compatible wallet works — MetaMask, Trust Wallet, or hardware wallets like Ledger and Trezor. To add it manually, use the official contract address 0x99ea4db9ee77acd40b119bd1dc4e33e1c070b80d. These days the token is mostly held or traded, while the company itself continues its audit work at quantstamp.com.