If you’ve ever built or used something in Web3 whether it’s DeFi, gaming, NFTs, or AI tools, you know the backbone of everything is data.

Every app, every smart contract, every agent depends on fast, reliable, structured blockchain data.

That’s where @Covalent_HQ comes in.
Covalent is not “just another data provider.” It’s an integrated data infrastructure layer that indexes and serves verifiable, sub-second blockchain data across 100+ networks.

Through its high-performance APIs, developers can pull clean, ready-to-use blockchain data instantly, the kind of data needed to power AI, analytics, and high-frequency trading bots.

To put it simply: Covalent makes blockchain data usable, trustworthy, and fast.

5 Key Things to Know About Covalent

Real usage at scale, not hype.
In just Q2, Covalent handled 471M API calls, with 17B total across 100+ chains to date.

The majority (95%+) are paid requests from real users, AI agents, bots, and apps that can’t run without Covalent.

This isn’t “potential adoption” it’s already here.

A healthy token economy.
Revenue from GoldRush APIs is actively used to buy back CXT tokens from the market, steadily reducing supply. At the same time, 300M CXT is staked (about 33.6% of circulating supply), and with ~98% of all tokens already unlocked, there’s no looming token dump risk. Add in the planned burn mechanism and you get a deflationary token model.

AI and HFT agents need speed.
Crypto is moving into a new phase where AI agents and high-frequency trading bots rely on sub-second data. Covalent’s GoldRush Streaming API delivers exactly that, and demand has exploded — over 57k subscribers are already using it.
Massive coverage + developer base.
Covalent spans 100+ chains, with 50k+ developers and 100+ live applications across DeFi, gaming, RWAs, tax software, and more. Once agents or apps connect to Covalent, they can deploy across virtually any blockchain.

Proof and trust.
Covalent’s infra isn’t just decentralized and verifiable — it’s already trusted by some of the biggest names in crypto and finance: Wormhole, Fidelity, EY, Consensys, Chainalysis, OpenSea, Lens, Jump, Ondo, and more. That’s not theory — that’s adoption.
Why it matters

Covalent is quietly becoming the foundational data layer for the next era of Web3. As blockchains scale and AI-native applications grow, the demand for reliable, ultra-fast, verifiable data will only increase.
And unlike most infra projects, Covalent already has the usage, revenue, and ecosystem to back it up.

No noise, no hype — just the pipes that power the future of crypto.