CQT Price Today
The live Covalent price today is $0.11641615 with a 24-hour trading volume of $888,389.86. Covalent is -6.12% in the last 24 hours.The current MyToken ranking is #--,with a live market cap of $48,732,760.34. It has a circulating supply of 418,606,913 CQT and a max supply of 1,000,000,000 CQT.
What Is Covalent?
Covalent is dedicated to addressing the huge infrastructure issues that stand in the way of blockchain adoption. They provide a unified API that brings complete transparency and visibility to all blockchain network assets. Its solutions connect the database world with distributed blockchain technology. The first version was built at a hackathon in fall 2017.
Covalent provides a unified API to bring complete transparency and visibility to assets across all blockchain networks. In short, we have an API that allows you to extract detailed, fine-grained blockchain transaction data from multiple blockchains without code.There are many elements of Covalent that make us unique in the marketplace. However, the core difference between us and projects like Graph is this: < h4 id = "1 - data - the availability" > 1. Data availability
We are the only project that has fully indexed the entire blockchain -- meaning every contract, every wallet address and every transaction. That's billions of lines of data and terabytes of data. Other projects provide only a fraction of the data available, or start collecting data only after the appropriate queries or filters are set up.< h4 id = "2 - composability" > 2. Composability
Composability is a key part of decentralized Finance (DeFi) applications, allowing developers to quickly and easily build financial solutions using "Legos like" building blocks from numerous projects. The multi-chain flexibility and deep, fine-grained data provided by our API means that developers can quickly and easily build scalable, data-rich applications without having to query code.< h4 id = "3 - multi - blockchain - support" > 3. Multiple blockchain support H4 >
Multiple strands are present in our DNA. Covalent has indexed and has customers on seven different blockchain networks, with more to be announced soon.< h4 id = "4 - no - code - solution" > 4. Code free solution H4 >
We believe in providing our users with no code solutions. This means there are no complex SQL queries, no development and maintenance of subgraphs, and no need to invest in highly skilled (and costly to read) developers to simply retrieve blockchain data, a huge waste of engineering time. One API, and you're done.
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