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Covalent

Covalent

CQT
$0.0₄4220Up 0.00 percent($0.00)

Key Stats

Market Cap$36.13KUp 0.00 percent
Fully Diluted Value$42.20K
Total Supply1.00B CQT
Max Supply∞
Circulating Supply856.18M CQT
Launch Date2021-05-21
Built OnETH
Token StandardERC20
Smart Contract Address0xD417…6240
Decimal Places18

Covalent Information

Websites
www.covalenthq.comWhitepaper
Industries
Cross-Chain Infrastructure
Parent Asset
CXT

Covalent Price Converter

CovalentCQT
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Latest Covalent News

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Covalent Markets

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InstrumentExchangeBenchmark DataPrice24h Change
CovalentUSD logo
CQT-USD
CQTUSD
kraken logokraken
AA
0.0₄3000USD
0.00%
CovalentEUR logo
CQT-EUR
CQTEUR
kraken logokraken
AA
0.0₄2000EUR
0.00%
CovalentEUR logo
CQT-EUR
CQTEUR
bit2me logobit2me
B
0.0₄2000EUR
0.00%

Covalent Supported Platforms

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Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
CQTERC20ETH0xD417144312DbF50465b1C641d016962017Ef62402021-05-21

About Covalent

Covalent (CQT) is the native token of the Covalent platform, used for governance and staking. It allows holders to participate in decision-making and secures the network’s consensus mechanism. The Covalent platform is a decentralized data layer offering a unified API for blockchain data across networks, aiming to make such data accessible and actionable. Covalent was founded by Ganesh Swami and Levi Aul, with a vision to provide a comprehensive view of blockchain data to support developers and enterprises in the decentralized landscape.

Frequently Asked Questions

Covalent Token (CQT): Covalent (CQT) is the native utility token of the Covalent platform. CQT functions primarily as a governance token, allowing holders to participate in the decision-making process regarding the platform's direction and updates. It can also be used for staking purposes, as part of the network's security and consensus mechanism.

Covalent Platform: Covalent is a decentralized data infrastructure layer that provides a unified API to access blockchain data across various networks. By leveraging big data technologies, Covalent aims to make blockchain data accessible, transparent, and actionable, bridging the gap between the sophisticated blockchain domain and traditional businesses.

CQT is primarily used for governance and staking within the Covalent ecosystem. Governance involves proposing and voting on various proposals, which can range from platform upgrades to decisions about resource allocation. Staking CQT is essential for validators on the network, serving as a security mechanism to ensure honest behavior and validate blockchain transactions on the platform.

Covalent was founded by Ganesh Swami and Levi Aul. They established the platform with the vision of providing a more comprehensive and granular view of blockchain data, aiming to support both developers and enterprises in the rapidly evolving decentralized landscape.