Covalent X Token CXT
1. Summary
- Price
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$0.03 -12.6%
- Market Cap
- $26.33M (#876)
- Supply
- 882.35M / 1.00B
- Description
-
Covalent X Token (CXT)
Covalent X Token (CXT)
The Covalent X Token (CXT) is a new cryptocurrency that replaces the existing Covalent Network token (CQT) as part of the network's evolution towards a modular data infrastructure focused on AI and Long-Term Data Availability. The token is designed to operate at the heart of the Covalent Network, securing thousands of network nodes.
Key Features
- Token Migration: The Covalent Network has successfully migrated to the new CXT token, marking the end of the "New Dawn" initiative.
- Token Characteristics: CXT is an ERC20 token with additional functionalities, inheriting from ERC20Permit and AccessControlEnumerable. It has 18 decimal places and supports minting within a capped rate.
- Smart Contract Code Review: The token's smart contract underwent a security analysis review, ensuring no critical, high, or medium severity findings.
- Governance: The token's governance process involved a successful vote by the community, with all token holders, operators, and delegators participating via the Snapshot platform.
Functionality
- Minting: The token supports minting within a capped rate, and the mint function allows tokens to be minted directly to the treasury address, ensuring efficiency and cost-effectiveness.
- Staking: Staking operations have been migrated from CQT to CXT, ensuring continuity for the staking community.
- Access: Token holders can access their new CXT tokens through various channels, including major exchanges, staking, and self-hosted wallets.
Technical Details
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Contract Address: The new contract address for CXT is
0x7ABc8A5768E6bE61A6c693a6e4EAcb5B60602C4D. - Security: The token's smart contract has been reviewed and tested for security, with a code coverage of 93.10%.
| Price | |
| 52W High price | $0.21 |
| 52W High date | 16th Jul 2024 (8 months ago) |
| All Time High (ATH) Date | 15th Jul 2024 (8 months ago) |
| ATH Price | $0.26 |
| % From ATH | -52.59% |
| All Time Low (ATL) Date | 17th Aug 2024 (7 months ago) |
| ATL Price | $0.05 |
| % From ATL | 170.38% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $2.71M |
| Total Supply | 1.00B |
| Max Supply | 1.00B |
| Circulating Supply | 882.35M |
CXT
How does Covalent X Token's (CXT) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
84.2%
CXT
30.4%
Similar Market Cap
60 Day Return
35.8%
CXT
33.1%
Similar Market Cap
We're monitoring 47 Covalent X Token GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Covalent X Token Repos)
Commits vs. The Market
- Past 4 weeks: 49 commits vs. an average of 0
- Past 12 weeks: 165 commits vs. an average of 4
- Past year: 935 commits vs. an average of 66
Most Active Repos
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Top Developers 2025
In total, 46 developers have contributed to Covalent X Token over the past year. Who are the most active Covalent X Token developers, by commits, over the past year?
Related Projects
Developers working on Covalent X Token also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 12,560 |
| Twitter followers | 264,937 |
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covalenthq.com/blog/covalent-s-cxt-token-launches-on-base-powering-defi-and-ai-via-aerodro... Official
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covalenthq.com/blog/introducing-ai-agent-sdk/ Official
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covalenthq.com/blog/introducing-ai-agent-sdk/ Official
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covalenthq.com/blog/introducing-ai-agent-sdk/ Official
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covalenthq.com/blog/governance-proposal-giga-level-gas-limits-are-coming-reaching-market-e... Official
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covalenthq.com/blog/leading-crypto-exchange-okx-enhances-ethereum-infrastructure-through-c... Official
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covalenthq.com/blog/covalent-network-q3-2024-wrap-up/ Official
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covalenthq.com/blog/covalent-network-q3-2024-wrap-up/ Official
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covalenthq.com/blog/covalent-network-q3-2024-wrap-up/ Official
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covalenthq.com/blog/covalent-network-q3-2024-wrap-up/ Official
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covalenthq.com/blog/launching-the-run-ewm-campaign-long-live-ethereum/ Official
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covalenthq.com/blog/launching-the-run-ewm-campaign-long-live-ethereum/ Official
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covalenthq.com/blog/launching-the-run-ewm-campaign-long-live-ethereum/ Official
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covalenthq.com/blog/launching-the-run-ewm-campaign-long-live-ethereum/ Official
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covalenthq.com/blog/launching-the-run-ewm-campaign-long-live-ethereum/ Official
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covalenthq.com/blog/launching-the-run-ewm-campaign-long-live-ethereum/ Official
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covalenthq.com/blog/launching-the-run-ewm-campaign-long-live-ethereum/ Official
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covalenthq.com/blog/launching-the-run-ewm-campaign-long-live-ethereum/ Official
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covalenthq.com/blog/launching-the-run-ewm-campaign-long-live-ethereum/ Official
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covalenthq.com/blog/launching-the-run-ewm-campaign-long-live-ethereum/ Official
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covalenthq.com/blog/launching-the-run-ewm-campaign-long-live-ethereum/ Official
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covalenthq.com/docs/cxt/overview Official
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covalenthq.com/docs/cxt/overview Official
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covalenthq.com/docs/cxt/overview Official
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://www.covalenthq.com/ |
|---|---|
| Explorer | https://etherscan.io/token/0x7abc8a5768e6be61a6c69... |
| @Covalent_HQ |
What is the correct contract address for Covalent X Token?
| Ethereum | 0x7abc8a5768e6be61a6c693a6e4eacb5b60602c4d |
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Has Covalent X Token been audited for security?
No security audits found for this project.
Are you the owner of Covalent X Token? Edit it here
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