Content on this page was provided by the Covalent team
One API, billions of blockchain data endpoints bringing transparency and visibility to assets across all blockchain networks
Covalent Sale Sold Out
Content on this page was provided by the Covalent team
Covalent Sale Sold Out
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Complete Granular Visibility Covalent has indexed and decoded entire blockchains making them available to the developer via a unified API. Visibility to billions of blockchain data points for every single wallet. |
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Multiple Blockchains Supported One API works across 7 different blockchains. Developers cut downtime to market from 3 weeks to a matter of hours with Covalent. |
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A Marketplace for Use-Cases Developers can create their own API endpoints for their projects and list them on the marketplace for others to consume. |
Covalent leverages big-data technology to create meaning from hundreds of billions of data points, delivering actionable insights to investors and allowing developers to allocate resources to higher-utility goals within their organization.
Instead of pain-stakingly sourcing data from a small handful of chains, Covalent aggregates information from across dozens of sources including nodes, chains and data feeds. The Covalent API then sources end users with individualized data by wallet, including current and historical investment performance across all types of digital assets. Most importantly, Covalent returns this data in a rapid and consistent manner, incorporating all relevant data within one API interface.
Complete Granular Visibility
Covalent has indexed and decoded entire blockchains making it available to the developer via a unified API. Visibility to billions of blockchain data points for every single wallet.
No code solution
Covalent does not require the developer to write indexing code or understand the nuances of blockchain data structures. Approachable to a non-technical user.
Single API for multiple blockchains
Covalent API normalizes the subtleties of different blockchains with the single unified API. Developers need not understand the arcane nuances when porting over to a multi-chain future.
Primer Transformation engine
An in-house transformation language that is inspired by the MongoDB query language. With Primer, developers can select just the fields that they want and further aggregate the data to suit their needs. All of this is done at query time in real-time instantaneously.
Enriched Decoded data
Data is further decoded into a format that is immediately usable by the developer. There’s no need to go looking for ABIs or write custom decoding code.
Decentralized Indexing-Querying middleware
The Covalent network features a fully decentralized storage and compute layer with low fees and high throughput.
| Circulating supply at launch |
80,379,902 CQT |
| Circulating supply 30 days after staking rewards start (estimated) | 282,757,658 CQT |
| Circulating supply at month 6 (estimated) | 275,799,325 CQT |
| Circulating supply at month 13 (estimated) | 473,806,753 CQT |
| Fully diluted supply | 1,000,000,000 CQT |
| Total annual staking rewards | 2% of the fully diluted market cap; staking rewards begin from the end of month 6 |
There will be 1,000,000,000 at genesis.
Staked CQT earns a variable 3%-20% in rewards based in the amount staked in the network. This reward amount is not guaranteed.
Users pay fees to have their queries answered.
Validators can charge a commission to users that delegate their tokens to them.
Sale participants may choose to purchase Covalent tokens under the three different options below. Options may be combined. The allocation available will be as follows:
| Option 1 | Option 2 | Option 3 | |
| Sale Dates | April 29, 2021 00:00 UTC |
April 29, 2021 17:00 UTC |
April 30, 2021 00:00 UTC |
| Lockup & Release | Freely tradeable | 12-month release; 1st release end of month 1, 2nd end of month 2 and so on | 24-month release; 1st release end of month 1, 2nd end of month 2 and so on |
| Purchase Limits | $500** | $1,000** | $1,500** |
| % of the Total Supply | 1% | 1% | 0.7% |
| Num of Tokens | 10M* | 10M* | 7M* |
| Price per Token | $0.35 | $0.3 | $0.25 |
*If an Option sells out by 23:59 UTC May 3rd, then additional supply will be released as follows: Option 1: 1,500,000; Option 2: 1,500,000; Option 3: 1,400,000
** Updated as of April 26th, you can find more information here.
Any additional supply released reduces the Reserve by an equal amount
Excluded Participants: Residents of the US, Canada, China, and CoinList’s unsupported jurisdictions
Due to overwhelming demand, registrations close at April 24th, 2021 00:00 UTC
Covalent is built by an experienced team of data scientists and blockchain and database engineers passionate about improving and scaling blockchain technologies. Ganesh Swami, CEO and Co-founder, is a physicist by training and started his career designing algorithms for cancer drugs in the pharmaceutical space. His first company is listed on the NYSE. Levi Aul, CTO and Co-founder, built one of the first Bitcoin exchanges in Canada, and was part of the team that built CouchDB at IBM.
Ganesh Swami
CEO & Co-Founder
Physicist and Data Scientist by training, serial entrepreneur, founding employee of Zymeworks (NYSE: ZYME) where he engineered drugs for solving cancer. Industry thought-leader on analytics and databases.
Levi Aul
CTO & Co-Founder
Serial entrepreneur, built Canada’s first Bitcoin exchange (bex.io), worked on scaling/architecture solutions at Fortune 500 companies, was on the team that built CouchDB @ IBM, and is the author of numerous open-source Erlang libraries.