CXT is the utility token of the Covalent Network, a decentralized blockchain data infrastructure layer. It is used for staking by network operators and delegators to secure data indexing operations, governance voting on protocol proposals, and as the settlement currency denominating network rewards. API query revenue paid by developers in stablecoins is programmatically converted to CXT through open-market purchases, creating demand linked directly to network usage.
0x7abc8a5768e6be61a6c693a6e4eacb5b60602c4dRead price, trading volume and pools separately
24h change +11.01% · 24h volume $74.43K · Total token liquidity $52.91K
The chart above shows the selected pool; switching pools does not change token-level aggregate metrics.
Trading activity
Token aggregate · selected window · 24h · Amounts in USD
| Selected window | Buy | Sell |
|---|---|---|
| Trade count | 230 | 264 |
| Unique address count | 41 | 24 |
The difference is buy volume minus sell volume, not net capital inflow. Addresses are deduplicated within each side; one address may appear on both.

