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<a href="https://www.covalenthq.com/" rel="noopener noreferrer" target="_blank" style="color: rgb(1, 4, 38);">Covalent</a>&nbsp;leverages big-data technology to create meaning from hundreds of billions of data points, delivering actionable insights to investors and allowing developers to allocate resources to higher-utility goals within their organization.Instead of pain-stakingly sourcing data from a small handful of chains, Covalent aggregates information from across dozens of sources including nodes, chains and data feeds. The Covalent API then sources end users with individualized data by wallet, including current and historical investment performance across all types of digital assets. Most importantly, Covalent returns this data in a rapid and consistent manner, incorporating all relevant data within one API interface.<h3>Key Highlights</h3>Complete Granular Visibility<ul><li>Covalent has indexed and decoded entire blockchains making them available to the developer via a unified API. Visibility to billions of blockchain data points for every single wallet.</li></ul>Multiple Blockchains Supported<ul><li>One API works across 7 different blockchains. Developers cut downtime to market from 3 weeks to a matter of hours with Covalent.</li></ul>A Marketplace for Use-Cases<ul><li>Developers can create their own API endpoints for their projects and list them on the marketplace for others to consume.</li></ul> <h3>Key Technical Facts</h3>Complete Granular Visibility<ul><li>Covalent has indexed and decoded entire blockchains making it available to the developer via a unified API. Visibility to billions of blockchain data points for every single wallet.</li></ul>No code solution<ul><li>Covalent does not require the developer to write indexing code or understand the nuances of blockchain data structures. Approachable to a non-technical user.</li></ul>Single API for multiple blockchains<ul><li>Covalent API normalizes the subtleties of different blockchains with the single unified API. Developers need not understand the arcane nuances when porting over to a multi-chain future.</li></ul>Primer Transformation engine<ul><li>An in-house transformation language that is inspired by the MongoDB query language. With Primer, developers can select just the fields that they want and further aggregate the data to suit their needs. All of this is done at query time in real-time instantaneously.</li></ul>Enriched Decoded data<ul><li>Data is further decoded into a format that is immediately usable by the developer. There’s no need to go looking for ABIs or write custom decoding code.</li></ul>Decentralized Indexing-Querying middleware<ul><li>The Covalent network features a fully decentralized storage and compute layer with low fees and high throughput.</li></ul>

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Covalent said it will use its financing to expand into Asia and bolster the adoption of long-term data availability in countries such as China and Singapore.

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Covalent is a modular data infrastructure layer.

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