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About Covenant
Covenant is open infrastructure for AI agents: an operating layer that sits below agent applications and above the host OS, providing the controls autonomous agents need to operate safely. It exposes scoped, cryptographically signed capabilities that gate what an agent may do; a budget ledger that caps how much it may spend; durable tiered memory; runtime isolation; MCP, HTTP, and agent-to-agent interfaces; and an append-only, hash-chained audit log across all operations.
$CVNT is the settlement credit of the network. Every resource an agent consumes — memory writes, tool calls, external API requests, messages — is metered as a signed receipt priced in credits. Credits are minted by depositing $CVNT into the settlement program and burned at the point of consumption, with each burn bound to a receipt batch whose Merkle root is anchored on Solana.
This makes agent activity accountable and auditable: an operator can reconcile precisely what an agent did and what it cost, down to the receipt. $CVNT utility is functional — it is the unit agents pay in to consume compute, memory, tools, and paid external services through the layer.
Licensed Apache-2.0, with public documentation and a live sandbox at opencovenant.org.
Trading Insights
Market Stats
Market Cap
£70.61K
FDV
Not enough data
Circ. Supply
900M $CVNT
Max Supply
Not enough data
Total Supply
1B $CVNT
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
£2.07K
8.53%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
Not enough data
Price Change (1Y)
Not enough data
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The current price is £0.0000785 per $CVNT with a 24-hour trading volume of £2.07K.
The current circulating supply of Covenant is 900,183,539.217 $CVNT which means that Covenant has as total market cap of £70,607.56.
Market details
$CVNT vs markets
↗ 87.53%
$CVNT vs BTC
↗ 110.36%
$CVNT vs ETH
↗ 85.87%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Solana | 2mNVZ6aEjrGwiUVCfz7XGWpiXuWzgBDoznwE579upump |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0000785 | |
1 Day | £0.00009099 | |
1 Week | £0.0001216 | |
1 Month | £0.00003335 | |
1 Year | £0.00 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Covenant calculator
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Legal
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