CQT

Covalent price

CQT
|
4.0/5
$0.231
+0.83%
1h
24h
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1M
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Covalent price live data

The current price of Covalent is $0.231. Since 00:00 UTC, Covalent has increased by +0.83%. It currently has a circulating supply of 634,051,477 CQT and a maximum supply of 1,000,000,000 CQT, giving it a fully diluted market cap of $146.15M. At present, Covalent holds the 181 position in market cap rankings. The Covalent/USD price is updated in real-time.

Covalent price performance in USD

Time periodChange amount%Chg
Today$0.00190 +0.83%
7 days-$0.04 -15.21%
30 days-$0.14 -37.64%
3 months-$0.08 -26.07%

Covalent market information

24h low/high
The highest, lowest, and last prices in 24 hours
24h low$0.206
Last price $0.231
24h high$0.243
Heat index ranking
185
Market cap ranking
181
Market cap
$146.15M
Favorited rate
Percentage of users who favorited this asset to all users
0.60%
All-time high
$2.12
-89.09% (-$1.88)
Aug 14, 2021 (3 years ago)
All-time low
$0.0487
+374.09% ($0.182)
Aug 2, 2022 (2 years ago)
ICO date
06/16/2021
ICO price
The price at which this crypto was first traded
$0.350
Circulating supply
The amount of this crypto that is publicly available in the market
634,051,477 CQT
Market cap at circulating supply
Market cap = Circulating supply × Last price
$230.50M
Audits
The audit data comes from partners that we have integrated with via API. Our partners conduct security assessments on the provided source code.
CertiK
Last audit: {date}

About Covalent (CQT)

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.

Learn more about Covalent (CQT)

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CQT FAQ

What is Covalent? 

Covalent is a platform that provides a versatile application programming interface (API) designed for cross-chain usage. Powered by its native token CQT, Covalent is a decentralized data infrastructure layer within the Web3 industry. It enables seamless access to data across various blockchains, enhancing the interoperability and efficiency of blockchain applications.

What are the benefits of holding CQT? 

Holding CQT tokens grants access to Covalent's developer-friendly platform, facilitating the creation of blockchain applications that aggregate data from multiple blockchains. As a result, developers can build more efficient and versatile applications. Additionally, CQT holders can take advantage of the cross-chain data aggregation services offered by Covalent, enhancing their overall experience within the network.

Where can I buy CQT? 

Easily buy CQT tokens on the OKX cryptocurrency platform. An available trading pair in the OKX spot trading terminal is CQT/USDT. You can also swap your existing cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), for CQT with zero fees and no price slippage by using OKX Convert.

CQT calculator
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1 CQT ≈ $0.231 USD
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