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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| CXT | -90.57% | N/A | N/A | -96% |
| S&P | +11.79% | +73.73% | +11.67% | +22% |
Covalent X Token (CXT) is the native token of the Covalent platform, which offers a unified API for accessing detailed blockchain data across multiple networks. CXT is used for accessing API services, participating in governance, and staking within the Covalent ecosystem. The platform was co-founded by Ganesh Swami and Levi Aul, leveraging their expertise in data analytics, software engineering, and blockchain technology.
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