Covalent price

in USD
$0.02817
-$0.00099 (-3.40%)
USD
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Market cap
$26.49M #250
Circulating supply
941.18M / 1B
All-time high
$0.275
24h volume
$2.25M

About Covalent

Covalent (CXT) is a blockchain data infrastructure project that simplifies access to on-chain information across 100+ networks. Its technology organizes complex blockchain data into structured, easy-to-use APIs, allowing developers to build wallets, trading tools, and analytics platforms without managing raw data themselves. The CXT token powers this ecosystem, used for API payments and network security. Covalent's real-time data feeds are particularly valuable for DeFi apps, AI agents, and compliance tools that require reliable, up-to-the-second information. By making multi-chain data accessible and verifiable, Covalent serves as foundational infrastructure for the growing Web3 economy.
AI-generated
DeFi
Official website
White Paper
Github
CertiK
Last audit: Oct 1, 2019, (UTC+8)

Covalent’s price performance

Past year
-73.16%
$0.10
3 months
+22.10%
$0.02
30 days
+9.27%
$0.03
7 days
-9.08%
$0.03
Covalent’s biggest 24-hour price drop was on Jul 15, 2024, (UTC+8), when it fell by $0.175 (-63.64%). In Jul 2024, Covalent experienced its biggest drop over a month, falling by $0.1849 (-67.24%). Covalent’s biggest drop over a year was by $0.2294 (-83.42%) in 2024.
Covalent’s all-time low was $0.0225 (+25.20%) on Jun 23, 2025, (UTC+8). Its all-time high was $0.275 (-89.76%) on Jul 15, 2024, (UTC+8). Covalent’s circulating supply is 941,184,685 CXT, which represents 94.11% of its maximum circulating supply of 1,000,000,000 CXT.

Covalent on socials

Lsb108
Lsb108
gm CT 900K CXT buyback shows revenue backed tokenomics working @Covalenthq using 95% of API call revenue for systematic repurchases 7.7M CXT removed creating verifiable scarcity 2M+ daily API calls across 150+ supported chains proving utility demand sustainable deflationary mechanics from real usage
Snowball(抓住金狗版)$M 🧩 🦅🟠 $FF
Snowball(抓住金狗版)$M 🧩 🦅🟠 $FF
Perhaps useful advice, I suggest everyone write at least 4 articles about the @Covalent_HQ project each month. Starting today, there are 4 months left, and every month there will be $40,000 worth of tokens $CXT to share. ➡️ Reasons for recommendation: 1. Clear rewards, and the tokens have already been issued. Currently, not much has been done in the Chinese-speaking region for @wallchain_xyz, so I think this is an opportunity. 2. The project quality is definitely not an issue; it has been listed on exchanges like OKX, and the token won't crash in the short term, so you can rest assured. 3. The project narrative is very interesting, and it hasn't pumped yet; there may still be opportunities in the secondary market, and expectations will be higher by then. 🙋 Why do I say there might be secondary market opportunities? 1. The tokens are currently being repurchased, with about 1% of CXT already repurchased, and this is ongoing. In the future, there may be fixed repurchases using off-chain income, and these tokens will be included in the strategic CXT reserve pool. At the same time, there may also be planned destruction of the repurchased tokens accumulated on-chain in the future. Token deflation has already become a established fact. 2. The core flywheel has already started: developers use GoldRush to build ➡️ usage growth ➡️ income drives CXT repurchase ➡️ community cultivates more developers ➡️ cycle accelerates. 3. Wallchain's Quacks have been promoting this, meaning public domain media promotion is growing and amplifying. Just a reminder about the details: the first month ended on the 19th (yesterday), the second month starts today, and there are 4 months left. The rewards are for the top 100 participants, and everyone can participate actively. Considering the above three main reasons, I think everyone should pay close attention to this project.
Covalent
Covalent
Huuuuge congrats to our @wallchain_xyz winners from the first epoch! 🏆 Special shoutout to the top 5 quackers: @mhkNFTs @ArtvisionNFT @cryptodaaddy @leaf_swan @JordanOnChain The energy has been unreal. Massive thanks to everyone who joined in and made this first month a success. A new month = fresh leaderboard, new reward structure, and another shot to climb to the top. Who will we see at the top this month? 👀
Nick
Nick
.@Covalent_HQ Epoch 2 just kicked off. 🦆 Leaderboard wiped clean. ✅ Bags wide open. ✅ Fresh chance. ✅ Don’t fade the $CXT

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Covalent FAQ

Currently, one Covalent is worth $0.02817. For answers and insight into Covalent's price action, you're in the right place. Explore the latest Covalent charts and trade responsibly with OKX.
Cryptocurrencies, such as Covalent, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Covalent have been created as well.
Check out our Covalent price prediction page to forecast future prices and determine your price targets.

Dive deeper into Covalent

Covalent (CQT) is a protocol that excels in aggregating data from leading blockchain networks. By comprehensively indexing entire blockchains and utilizing a unified application programming interface (API), the platform gains access to valuable data. Covalent's primary objective is to extract granular information from smart contracts and provide a reliable source for blockchain data.

What is Covalent?

Covalent is a project that provides developers easy access to accurate and up-to-date data from the entire blockchain industry. The platform envisions a future where all blockchain data is indexed, enabling the integration of private enterprise data. Covalent's software focuses on achieving cross-chain interoperability, allowing users to develop, validate, index, store, and access information from various blockchains. Users can also earn rewards for their contributions to the platform.

The Covalent team

Covalent was founded in 2017 by Ganesh Swami and Levi Aul. Since its inception, the team has raised over $5 million through two funding rounds, attracting investments from top firms such as Alameda Research, CoinGecko, and Hashed Ventures.

How does Covalent work? 

Covalent's software plays a crucial role in indexing the complete history of all blockchain networks. It gathers and organizes extensive data from the blockchain industry, including details from smart contracts, wallet addresses, transactions, and more.

To ensure uniformity, the indexed data is normalized into a standardized format known as "block-specimens." This normalization enables users to query data from different blockchains effortlessly using a unified API.

CQT: Covalent’s native token 

CQT is the native token of the Covalent network, offering multiple use cases. Holders can utilize the token for protocol governance, allowing them to participate in voting decisions on proposals that impact the protocol's parameters. Additionally, CQT can be staked to earn attractive rewards within the network.

CQT tokenomics 

The total supply of CQT tokens is capped at 1 billion, with all tokens issued in the genesis block. As of now, the circulating supply of CQT stands at 607,920,038 tokens.

CQT use cases 

CQT is a utility token for facilitating transactions and interactions on the Covalent platform. Additionally, it holds value as the primary governance token, enabling CQT holders to participate in decision-making processes regarding the protocol. Furthermore, users can stake their CQT tokens to earn additional rewards within the network.

CQT distribution 

CQT has a total supply of 1 billion tokens, with 607,920,038 CQT tokens currently in circulation. These tokens are crucial in various use cases within the Covalent ecosystem.

Covalent’s unique role in shaping blockchain’s future

Covalent is at the forefront of consolidating millions of data points from over 100 organizations. The network becomes a one-stop shop streamlining processes and enhancing efficiency by providing a comprehensive and high-quality multi-chain data hub. In the vast landscape of the blockchain industry, Covalent's software plays a pivotal role in making valuable information readily accessible and easily manageable.

Disclaimer

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Market cap
$26.49M #250
Circulating supply
941.18M / 1B
All-time high
$0.275
24h volume
$2.25M
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