The October Covalent community update is here!
Certainly an exciting month here at Covalent! Following our fundraising announcement, we announced a number of partnerships, collaborated with top-tier projects and launched the world’s biggest blockchain data competition which is still on-going. Not to mention, our team is continuing to expand.
We partnered with a number of exciting projects in October ranging from DeFi aggregators to a leading crypto analytics platform.
ZeroSwap: Through the use of the Covalent API, traders on ZeroSwap will be able to export their trading data with full historical context which will allow benchmarking of investor performance and record-keeping as evidence for tax purposes.
Cryptosheets: The entire Covalent API is fully integrated with Cryptosheets allowing users to leverage all of the proprietary Cryptosheets tools & functions on top of the underlying Covalent API data.
Frontier: Through this partnership, Frontier is able to display granular asset data, giving its users an enhanced view of their positions.
Reef: The integration of Covalent in the Reef ecosystem will bring improved data visibility to the DeFi platform and fundamentally improve the overall user experience. Covalent will provide the data portion of what the user will see on Reef, for example, historical transaction activity, PnL and other record-keeping use-cases.
Covalent is now indexing Non-fungible Tokens. NFTs have really exploded over the last few months and are a key growth area for us. Two wallets will be going live in November with NFT support.
The brand new API documentation site is live. Developers can now start using the API right from the website without downloading anything or even opening a text editor.
Our Dungeons & Data crypto-data competition has thus far been a massive success and most importantly, the community is having fun with it. So far, Dungeons & Data has seen over 5,000 participants! Also, along with the data scientists at Uniswap, we released the most comprehensive and granular dataset on the protocol.
The competition is far from over so if you would like to participate register here.
As mentioned, we collaborated with a number of top-tier projects over the course of October one of which was Skale Network. In the months prior to its network launch, we had been working with the Skale and Activate team. The marketing team had access to high-level aggregate network-level statistics (like total staked), but the Skale team wanted granular information to showcase. As Covalent’s specialty is granular, accessible data, we were able to pull the infographic you see below which details the distribution of tokens across the validator pool.
Congratulations again to Skale Network on its mainnet launch 🚀.
One of the newest members to join Covalent is Erik Ashdown who is leading Ecosystem Growth. Check out his blog post here and see why Erik is excited to join 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.