Covalent has entered a new phase with the launch of the CXT token, reaffirming its goal to build the most comprehensive on-chain data protocol in the blockchain industry. As a content creator at Gate, I’ve watched Covalent’s journey from a data-indexing pioneer to an ecosystem powered by CXT, supported by a $5 million funding round led by RockTree Capital. Today, CXT stands at the center of a network that indexes over 230 blockchains and serves more than 300 million on-chain wallets worldwide.
Covalent’s 2025 roadmap for CXT prioritizes automated data aggregation and distribution. By leveraging the CXT token as an incentive for data providers, the Covalent Network will pull raw on-chain events from multiple chains, standardize them, and make them instantly accessible via a single API. This automated process ensures DeFi developers, NFT platforms, and analytics tools receive up-to-date data without building custom indexers. Gate’s trading engine already integrates Covalent’s API to display real-time data for CXT/USDT and CXT/ETH pairs, showcasing how CXT can streamline data access in a high-throughput environment.
One of the most anticipated upgrades in Covalent’s CXT 2025 vision is the rollout of the Olympic Light Client. This lightweight node model lowers hardware requirements and staking thresholds, enabling over 10,000 new validators to participate. As CXT staking demand grows, Covalent will also introduce a liquid staking solution, allowing users to lock CXT into a staking pool while maintaining transferable derivatives. Gate plans to support these liquid staking tokens, offering CXT holders the ability to earn staking rewards on our platform without sacrificing liquidity.
Decentralization is fundamental to Covalent’s strategy for CXT ecosystem growth. The project will expand its Query Node Operator program, distributing data-verification responsibilities across a broader network of independent operators. By incentivizing diverse node runners with CXT tokenomics, Covalent ensures higher data integrity and resistance to censorship. Gate’s governance portal will feature CXT airdrop and voting rewards, empowering our community to propose and vote on network upgrades that reinforce Covalent’s decentralized data layer.
Covalent’s data repository already holds more than 100 billion standardized transactions, including token transfers, NFT mints, DEX trades, and wallet balance snapshots. This massive CXT-powered dataset fuels AI and machine-learning models that predict market trends, detect fraud, and optimize gas fees. The Ethereum Wayback Machine component preserves historical state changes, providing a rich archive for backtesting AI algorithms. Gate’s research team leverages Covalent’s CXT data feeds to publish advanced on-chain analytics, offering traders deeper insights into market dynamics.
Covalent (CQT) is a decentralized blockchain data infrastructure project committed to democratizing data availability. Since inception, Covalent has unified on-chain information from over 230 protocols, serving developers, stakers, and enterprises alike. The CXT token underpins the network’s incentive layer, funding node operations, liquid staking, and governance participation. Key partners include Fidelity, Rainbow Wallet, and Consensys. For more on Covalent’s CXT 2025 vision, visit covalenthq.com or follow @Covalent_HQ on Twitter.
Covalent’s expansion and growth roadmap for 2025 positions CXT as a cornerstone of blockchain data accessibility. As the ecosystem scales, Gate remains your go-to platform for trading, staking, and participating in CXT airdrops—all with deep liquidity, low fees, and advanced tools. Join us on Gate to explore the future of Covalent’s CXT and the decentralized data revolution.