➥ @Covalent_HQ the decentralized data infrastructure for Web3 & AI is on the rise, and here’s what stands out ↓ • Decentralized data infrastructure, enabling access to the full history of blockchain data through a unified API, supporting over 100 blockchains including Ethereum, BSC, Polygon, Base, Avalanche, and more • Built to power diverse AI and Web3 use cases: from optimizing DeFi yields, fraud detection, and NFT rarity scoring to compliance automation • Has processed over 22 billion paid API queries in just 4 months, achieving 15% month-over-month revenue growth, while over 30% of total supply (CQT) is staked, backing projects like the Ethereum Wayback Machine • Recently completed the migration from CQT to CXT tokens, keeping the 1B total supply intact, with staking and governance features preserved only shifted to a new native token better aligned with its vision for modular AI and long-term data • Funding milestones: has raised around $29.7M across multiple rounds (strategic, public sale, etc.), with backers including 1kx, Hashed, Coinbase Ventures, RockTree Capital, Moonrock Capital, CMCC Global, and others ⏩ Covalent is positioning itself at the center of data, infrastructure, and AI for the Web3 ecosystem. If you’re building apps, AI agents, or dApps in blockchain, Covalent is the platform you can’t afford to miss. #covalent #cqt #wallchain #quack