Market Data & Token Stats
| Fully Diluted Valuation | $5.58M |
|---|---|
| 24H Trading Volume | $307,271 |
| 24H Low / High | $0.005535 / $0.005606 |
| Circulating Supply | 1,000.00M |
| Total Supply | 1.00B |
| Max Supply | 1.00B |
Market Health Signals
| Vol / MC Ratio | 5.51% Fair |
|---|---|
| Circulating Ratio | 100.00% Very High |
Key Project Information
| Categories | Coinbase Ventures Portfolio 7 more |
|---|---|
| Founder | Ganesh Swami 1 more |
| Website | covalenthq.com Whitepaper |
| Socials | |
| Chains | Ethereum Ecosystem 1 more |
| Explorer | Arkm 3 more |
| Contracts |
0x7ab....02c4d
1 more
|
OGAudit Security Evaluation & Social Audit Metrics
OGAudit Coin Evaluation Metrics
Covalent X Token (cxt) Expert User Reviews
Is Covalent X Token safe or a scam? Read verified Crypto OG reviews about Covalent X Token
$cxt Markets
| Name | Pair | OG Score |
|---|
About Covalent X Token
Covalent is a platform that simplifies access to blockchain data. It offers a unified API, which means developers can get detailed information from different blockchain networks through a single interface. This is useful for developers, businesses and researchers who need a comprehensive view of blockchain activity.
What is Covalent X Token (CXT)?
- Covalent X Token (CXT) is the native utility token of the Covalent Network. It plays several key roles:
- Staking: Operators use CXT tokens to stake on the network. This staking process helps maintain network operations and ensures its security. In return, operators earn rewards.
- Governance: CXT holders have a say in the network’s governance. This means they can participate in decision-making processes about the network’s future.
- Transaction Settlement: When developers use Covalent’s API, they pay for their queries in stablecoins. These stablecoins are converted into CXT tokens, which are then used to pay the operators. This creates a steady demand for the CXT token.
In summary, Covalent (CXT) is integral to the Covalent Network, supporting its operations through staking, governance and transaction settlement.
What is unique about Covalent X Token (CXT)?
Covalent (CXT) stands out for its unified API that provides detailed blockchain data from multiple networks through a single interface, streamlining access for developers and researchers. Its native token, CXT, supports staking, governance and transaction settlement, ensuring robust network operations and security.
Who are the founders of Covalent X Token (CXT)?
Covalent was founded by Ganesh Swami and Michael Wong, who have extensive experience in blockchain technology and data aggregation.
Who are the backers/investors of Covalent X Token (CXT)?
Covalent has received support from prominent investors including a16z, Electric Capital and Framework Ventures, among others, who have backed its vision to enhance blockchain data accessibility.
Where can I buy Covalent X Token (CXT)?
Kraken, Bitstamp (by Robinhood), Gate.ioMEXCBingX
Information in this section carefully collected and curated from publicly available data from official sources, including the Covalent X Token Official Website, Covalent X Token Whitepaper, Covalent X Token GitHub Repository and Covalent X Token X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
Join
OGAudit
