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About Covalent
Analysis of 10 Dec 2025Covalent X Token (CXT) is a decentralized blockchain data infrastructure provider delivering unified API access to over 100 blockchains through its GoldRush platform. As of December 14, 2025, CXT trades at $0.0064 with a market cap of $6.3 million and 986 million circulating supply (98.6% of max supply).
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The network has processed 17.5+ billion cumulative API calls, serving 70,000+ developers and major organizations including EY, Fidelity, and OpenSea. In December 2024, the project migrated from CQT to CXT tokens, with 34% of supply staked and recent buybacks totaling 17 million tokens using off-chain revenue.
The token has declined 16.8% over the past 7 days but reached an all-time high of $0.1692 on December 6, 2024.
