Covalent's Unified API allows users to pull historical and granular blockchain data from multiple blockchains with no code.
According to Covalent, the project has the following features:
- Automatically indexed: All code on the underlying blockchain is automatically indexed for the developer. Covalent runs full archive nodes and makes an replica of every contract, every wallet and every transaction in the Covalent database.
- No-code: All customizations can be done without writing code.
- Multiple blockchains, multiple use cases: The same unified API works across 30+ blockchains and many use cases like crypto-wallets, NFT galleries, investor dashboard tools, DAO tooling.
Covalent Query Token ($CQT) is the native token of the Covalent Network. It is a governance token and also a network access token which fulfill data queries for users of the API.