Utility & Use Cases CXT
Staking Security
Covalent X Token staking locks cxt to safeguard data accuracy. Node operators earn rewards for honest performance.
Covalent X Token Price, Live Chart & Market Cap
Covalent X Token (cxt): Streamlined Multi-Chain Data & Staking Services
Covalent X Token Overview
Covalent X Token (cxt) secures a decentralized data network across many blockchains. It unifies queries into a single resource, simplifying cross-chain analytics. Covalent X Token supports staking, governance, and drives platform adoption. Developers rely on its reliable indexing, while token holders shape future upgrades. cxt is built to power real DeFi apps without compromising speed or transparency.
Covalent X Token Technologies Overview
Cross-Chain Compatibility
cxt supports a multi-chain data layer. It delivers consistent queries across Ethereum, L2 rollups, and other networks.
Fast Data Queries
Refined indexing methods help deliver near-instant analytics. This benefits trading dashboards and DeFi monitoring.
Smart Contract Integration
cxt interacts with on-chain contracts for secure settlements. Developers tie their dApps to Covalent’s structured data feeds.Funding
Covalent raised funding from top investors, including Coinbase Ventures. Early rounds supported infrastructure growth, culminating in the Covalent X Token launch and global data coverage. Strategic backers also assisted with ecosystem expansions and technology audits.
Roadmap
Operator Decentralization
Open Query Operator roles to the community, enabling more nodes to serve requests and reduce central points of failure.
AI-Driven Integrations
Provide data for advanced machine learning solutions, boosting on-chain analytics and creating new cxt utility.
Fee-Driven Reward Model
Gradually phase out inflation as usage grows. Transition fully to query fee sharing for sustainable Covalent X Token incentives.
Covalent X Token Security & Audit Reports
Covalent X Token’s contracts passed audits from multiple firms. No critical flaws were found. Staking logic and reward parameters underwent further reviews to maintain consistent security and transparency for cxt holders.
FAQ
What is Covalent X Token?
+
It’s a token (cxt) powering Covalent’s multi-chain data platform, used for staking and governance.
How to stake Covalent X Token?
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You delegate cxt to network operators through a supported wallet or staking platform to earn rewards.
How to set up a cxt wallet?
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Use any ERC-20 compatible wallet. Import the cxt contract address and store or stake your tokens safely.
Does cxt help with DeFi analytics?
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Yes. cxt secures the network that indexes data for charts, dashboards, and market research.
Can Covalent X Token holders vote on proposals?
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Yes. cxt holders have governance rights to approve updates and direct platform growth.
Is there an airdrop for cxt?
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Periodically. Check official announcements for eligibility and always verify details on Covalent’s channels.
Does cxt relate to NFT projects?
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Yes. The network indexes NFT data, and cxt secures these queries across multiple chains.
Top Crypto Exchanges to Trade Covalent X Token (CXT)
| # | Exchange | Pair | Price | 24h Volume |
|---|---|---|---|---|
| 1 |
OKX
|
CXT/USDT | ~$0.061 | $57,480 |
| 2 |
HTX
|
CXT/USDT | ~$0.061 | $2,353,775 |
| 3 |
BingX
|
CXT/USDT | ~$0.061 | $29,177 |
| 4 |
CoinW
|
CXT/USDT | ~$0.061 | $391,723 |
| 5 |
MEXC
|
CXT/USDT | ~$0.061 | $57,680 |
| 6 |
AscendEX (BitMax)
|
CXT/USDT | ~$0.061 | $84,094 |
| 7 |
Uniswap V2 (Ethereum)
|
0X7ABC8A57.../0XC02AAA39... | ~$0.000025 | $18,983.96 |
| 8 |
Tapbit
|
CXT/USDT | ~$0.061 | $13,559.02 |
| 9 |
BloFin
|
CXT/USDT | ~$0.061 | $29,265 |
| 10 |
Bitrue
|
CXT/USDT | ~$0.061 | $100,850 |
Covalent X Token
CXT
Price
#687
$0.027
-3.24%
Market Cap
Market capitalization of Covalent X Token (CXT) represents the total value of all circulating tokens. It is calculated by multiplying the current price of one token by the total number of tokens in circulation
$25,467,688
Fully Diluted Variation
Fully diluted valuation of Covalent X Token (CXT) represents the theoretical market cap if all tokens that will ever exist were in circulation. It provides insight into the long-term value projection assuming the maximum supply is reached
$27,393,906
24 Hour Trading Vol
24-hour trading volume shows the total amount of Covalent X Token (CXT) traded across all exchanges over the past day. Higher volumes generally indicate more market liquidity and interest in the token
$2,698,143
Circulating Supply
Circulating supply shows the number of Covalent X Token (CXT) tokens currently available and circulating in the market. This excludes locked, reserved, or unissued tokens that cannot be sold or traded
929,684,431.34
Total Supply
Total supply represents all Covalent X Token (CXT) tokens that currently exist, including both circulating tokens and those locked in various protocols or treasuries. It excludes tokens that will be created in the future
1,000,000,000
Max Supply
Maximum supply indicates the absolute maximum number of Covalent X Token (CXT) tokens that will ever exist. This is a hard cap programmed into the token's protocol that cannot be exceeded, ensuring scarcity over time
1,000,000,000
Info
Contract
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