About Covalent
Market Stats
Market Cap
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FDV
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Circ. Supply
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Max Supply
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Total Supply
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Performance
Popularity
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Dominance
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Volume (24H)
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Volume (7D)
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Volume (30D)
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All time high
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Price Change (1Y)
Additional details
Market details
CQT vs markets
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CQT vs BTC
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CQT vs ETH
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Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xD417144312DbF50465b1C641d016962017Ef6240 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0013 | NaN% |
1 Day | $0.0013 | 0.00% |
1 Week | $0.0012 | 0.00% |
1 Month | $0.0018 | 0.00% |
1 Year | $0.0035 | 0.00% |
FAQ
Covalent (CQT) is an open-source network that provides aggregated data from the leading blockchains, including Avalanche, Binance Chain, Ethereum, Polygon, etc. The Covalent network aims to become a one-stop shop for blockchain data, wherein developers can easily access a complete, accurate, and timely overview of the blockchain ecosystem. Using the Covalent platform, developers can build multichain applications like crypto wallets, NFT galleries, and user dashboard tools utilizing other blockchains' data.
According to the CQT whitepaper, the existing blockchain provides a new frontier for developing enterprises, software developers, and users. But, due to the decentralized architecture of the blockchains, applications of technology face issues ranging from finance and retail to personal identity and cryptocurrency. Thus, the Covalent network aims to provide a unified application programming interface (API) software. API is the collection of protocols and software building applications that enables companies to open their application data.
The network aims to provide users with key features such as:
In 2017, Ganesh Swami and Levi Aul were behind the launch of Covalent. Later, in April 2021, a team of experts in finance, blockchains, databases, and distributed systems released the Covalent whitepaper. The whitepaper suggested that the platform seeks to issue a maximum of 1 billion CQT tokens at genesis. As per the 2021 annual report of the Covalent, the platform executed two governance proposals and sponsored 20 hackathons.
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Covalent news
Trending articles
Social stats
Popularity in posts
#2147
Contributors
794
Posts
1,597
% About Covalent
0.009%
Articles
3
Hold times
0 days
X (Twitter)
24.41% bullish
Sentiment
4.1 ★
Highlights
794 unique individuals are talking about Covalent and it is ranked #2,147 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Covalent has an average sentiment score of 81 out of 5. Finally, Covalent is becoming less newsworthy, with 3 news articles published about Covalent.
On Twitter, people are mostly bullish about Covalent. There were 53.76% of tweets with bullish sentiment compared to 120.27% of tweets with a bearish sentiment about Covalent. 46.24% of tweets were neutral about Covalent. These sentiments are based on 1728 tweets.
On Reddit, Covalent was mentioned in 1 Reddit posts and there were 0 comments about Covalent. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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