Covalent Info
Discover $CQT Tokenomics: Powering Covalent's API for big-data analytics across blockchains, enabling seamless access to comprehensive digital asset insights.
- Ticker
- $CQT
- Listing Price
- $0.35
- Total Supply
- 1,000,000,000
- Niche
- Infrastructure
- TGE Date
- 2022-06-22
- Website
- https://www....thq.com
- Tokenomics Source
- https://coin...ovalent
- Tokenomics Source 2
- https://docs...7499821
Tokenomics
Audited
Information
Tokenomics Rating
- Rank
- #408
- Percentile
- Top 59%
- Category Score
- 68.75 out of 100
- Percentile
- Top 35%
Inflation
Measures the rate at which new tokens are added to the circulating supply, from yearly and monthly perspectives.
Yearly Inflation
Monthly Inflation
- Category Score
- 57.37 out of 100
- Percentile
- Top 50%
Supply Shock
Measures the strength of sudden changes in token supply, impacting the market at a given period.
Monthly Unlocks
Monthly Supply Shock
- Category Score
- 58.9 out of 100
- Percentile
- Top 40%
Risk of Dilution
Measures the long-term price stability of a token as new tokens are vested throughout the vesting period, evaluating the potential risk of dilution that might occur.
Risk of Dilution Rating
Token Unlock Schedule
Vesting Release Schedule
- Category Score
- 30.38 out of 100
- Percentile
- Top 87%
Distribution Fairness
Measures how fairly and evenly the tokens are distributed among different stakeholders, taking into account the proportion of tokens allocated to each group.
Distribution Fairness
Allocation Distribution
Individual Allocation Scores
- Community
Allocation - Insiders
Allocation - Investors
Allocation - Foundation
Allocation
Token Control (YoY)
- Category Score
- 21.78 out of 100
- Percentile
- Top 79%
Supply Metrics
Measures the difference between circulating and unlocked token supplies in the vesting schedule, highlighting discrepancies that may impact token liquidity and market dynamics.
Supply in Circulation (MoM)
Circulating vs Unlocked Supply
About Covalent
Covalent, powered by the $CQT token, revolutionizes the way investors and developers access vast amounts of blockchain data. Through its innovative use of big-data technology, Covalent consolidates complex datasets from a multitude of blockchain sources—nodes, chains, and data feeds—to provide actionable insights. Unlike traditional methods that limit data sourcing to a few chains, Covalent covers dozens, ensuring users receive the fullest picture possible. The core utility of the $CQT token lies in powering this comprehensive data API, which retrieves precise, wallet-specific information, detailing current and historical investment data across various digital assets. The Covalent API is celebrated for its speed and consistency, delivering all pertinent data within a single, efficient interface. This ease of accessibility empowers investors with critical analytics needed for making informed decisions in the ever-evolving crypto market. Additionally, developers benefit by allocating resources to high-utility projects thanks to the insightful data Covalent provides, streamlining their operational strategies. $CQT functions not only as a utility token within the ecosystem, facilitating transactions for API services, but also plays a pivotal role in network governance. Token holders contribute to the network's growth and decision-making, ensuring the platform adapts to user needs and technological advancements. Covalent's market positioning as a leading blockchain data provider is solidified by these capabilities, setting it apart in a competitive landscape. By integrating comprehensive data analysis with blockchain technology, Covalent and its $CQT token are at the forefront of driving transparency and efficiency in digital asset management. This positions Covalent as a must-have tool for both investors and developers seeking to leverage blockchain data for enhanced decision-making and strategic planning. Experience seamless data integration and analytics with Covalent’s cutting-edge technology, fueled by the robust $CQT tokenomics system.