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
Tokenomics Source
https://coin...ovalent
Tokenomics Source 2
https://docs...7499821
Tier 3
Tokenomics
Tokenomics
Audited
Investor
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.