Covalent is built on two pillars: the stack + the $CXT flywheel. The Stack: Covalent Network → decentralized protocol securing 100+ chains with $CXT-staked validators @goldrushdev APIs → • Foundational: historical + aggregated data (trusted by Fidelity, Jump, OpenSea) • Streaming: sub-second feeds powering 50k+ bots + AI agents Together, the network + APIs deliver structured, ultra-fast, verifiable data for HFT systems AI, DeFi, wallets, tax and compliance, and more. The $CXT Flywheel • 300M+ CXT staked (33% supply) securing the network • 95%+ paid API usage → real revenue • Buybacks already removing ~1% of supply • Governance participants can align roadmap and incentives