About Covalent

Covalent offers a single API for accessing detailed blockchain data from multiple networks, making it easy for developers, businesses, and researchers to use. The Covalent X Token (CXT) is the network's utility token, used for staking, governance, and transaction settlement. Operators stake CXT for rewards, and the token also secures the network. API payments in stablecoins are converted to CXT to pay operators, driving demand.