Covalent Q3 2025 Wrap-Up: Accelerating the CXT Flywheel.

06 Oct 2025, 20:30

Covalent Q3 2025 Wrap-Up: Accelerating the CXT Flywheel gSpeed everyone 👋 This quarter, everything we shipped fed into one goal: accelerating the CXT flywheel. From expanding chain coverage to launching SpeedRun, we’re proving that ultra-fast, verifiable data is the foundation of onchain growth. By the Numbers • 215M API calls processed this quarter • 17.5B cumulative total across 150+ blockchains • 95% of all calls are paid, reinforcing a strong, revenue-driven model • 2.6M CXT bought back from the open market Product Launch: SpeedRun A new Prompt-to-Earn platform that’s now live in beta. Highlights: • Deploy onchain apps instantly with natural language prompts • Remix existing templates into new use cases and revenue streams • Earn XP, with CXT rewards in the future for building and sharing creations Public access begins soon! Keep updated on our socials for further updates. Ecosystem & Partnerships • Added Hyperliquid’s HyperEVM and Sonic, two high-performance ecosystems now fully supported on Covalent. GoldRush Highlights • New case studies: Awaken Tax and Bleap, both scaling real businesses on GoldRush data. • Enhanced Bitcoin Support with full historical coverage and balances. • Updated Pairs Stream for sub-second DEX data across Ethereum, Base, BNB Chain, Sonic, and more coming soon. Community Activation • Launch of the WallChain Mindshare Leaderboard, rewarding community contributors with 200K in CXT over five months. • We also ranked among the Top 10 projects on Messari Signals by mindshare. Full Speed Ahead Q4 will bring more chain integrations, expanded agentic data flows, and the public launch of SpeedRun. Our focus remains the same: making blockchain data better, faster, and cheaper for the next wave of apps, agents, and builders. Read the full recap: