Covalent X Token CXT
Ethereum · Artificial Intelligence · Data Availability · Decentralized Finance · Ethereum Ecosystem · Infrastructure
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.
0x7abc8a5768e6be61a6c693a6e4eacb5b60602c4dTrading volume and liquidity
24h volume $74.43K · Total token liquidity $52.91K。
Volume / current liquidity 140.67%
Volume is a flow over a period; liquidity is a stock at a point in time.
Supply and valuation
Circulating market cap $1.53M · FDV $1.57M。
The two valuations are not yet comparable; their original values are shown separately.