Covalent Partners with Frontier to Bring Data Transparency to the DeFi Aggregation Layer | Covalent

Covalent Partners with Frontier to Bring Data Transparency to the DeFi Aggregation Layer

Oct 21, 2020

VANCOUVER, October 21st, 2020 - Covalent, a leading blockchain querying service, is excited to announce a strategic partnership with Frontier, a DeFi suite in which users can access their DeFi positions on various protocols. Through this partnership, Frontier is able to display granular asset data, giving its users an enhanced view of their positions.

An example of how the two products integrate is with historical data. Access to historical data like balances and positions is increasingly important for record-keeping purposes, specially in a world where regulators can come knocking on an investor’s doors years after a position is made.

Moving forward, beyond supporting Frontier’s mobile app, both will work together on their go-to-market efforts.

Quote from Ganesh, Covalent’s CEO

Frontier caught my eye when it was just an inkling of an idea. Instead of building yet-another-wallet competing in the crowded and thinly differentiated space of wallets, Frontier brings a fresh perspective on engaging with DeFi protocols. I’m excited to follow along on this journey with Frontier and honored to be powering their data analytics infrastructure.

Quote from Ravindra, Frontier CEO:

From the inception of Frontier 18 months ago, there has always been a close relationship between Covalent and us. In many ways, I would consider our relationship as “growing up together” – we built through the bear market and now we are doubling down on building market-defining products for DeFi investors.

About Frontier

Frontier is a chain-agnostic DeFi aggregation layer. To date, we have added support for DeFi on Ethereum, Binance Smart Chain, BandChain, Kava, and Harmony. Via StaFi Protocol, we will enter into the Polkadot ecosystem, and we will now put vigorous efforts towards Serum.

About Covalent

Covalent provides a unified API to bring full transparency and visibility to assets across all blockchain networks. Covalent’s proprietary technology enables a “no-code” solution that solves a vast array of use-cases for wallets, exchanges, custodians and taxation amongst others. The API allows easy access to data that is normalized, unified and granular.

Twitter: @Covalent_HQ

Telegram: https://t.me/CovalentHQ

Discord: https://discord.gg/M4aRubV

Niall Yorke

Product, Covalent

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