Official comment
You're correct that the hardware does not, but the software does:

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Does the DDJ 400 have a quantize fi«unction? There's no quantize button on the software of the player as far as I can see, and no information in the DDJ 400 manual except what happens when the button is on/off, but it would help if it existed!
You're correct that the hardware does not, but the software does:

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