Sovrython - Winners Announced | Covalent

Sovrython - Winners Announced

Aug 16, 2021

Covalent, as a first-time sponsor for the Sovrython Hackathon, is pleased to present the winning submissions for $9,000 USD in bounties. Sovrython, a $500,000 Gitcoin Hackathon, was a 6 week long event inviting developers from all chains to collaborate on L2 solutions built on the RSK network for Bitcoin-native DeFi. The Covalent API is ideal for hackathons because it is simply the fastest way for teams to access granular and historical on-chain data without code, unlocking One Billion possibilities.

Covalent joined after indexing the entire RSK network and presented 2 bounty challenges to developers:

  • Build an RSK based Wallet dApp

  • Build a Sovryn Analytics Dashboard

We are truly delighted with the quality of the submissions, and we have a total of 8 prize winners including 2 top prize winners!

Quote from @exiledsurfer, Sovryn Comms Lead

Partnering with Covalent for the Sovrython was one of the best decisions we made - their simplified "no code" tooling brought a whole new profile of developer to work with Sovryn's data endpoints who otherwise might have been excluded from the event.

Quote from Ganesh Swami, Covalent CEO

As we see more and more BTC bridge to DeFi , easy access to critical analytics on RSK is so important. What we saw from Sovrython is that the Covalent API is the means for this access with an amazing suite of applications having been developed, which I encourage everyone to check out.

Best RSK - Sovryn Wallet: RSK Wallet by Nick “NiCoderPro”

This web app is an RSK-based wallet dashboard showing balances, transactions and portfolio analytics using the Covalent Balances_v2 and Transactions_v2 endpoints. The app displays such information as Token Balances, NFTs holdings and Sovryn Statistics. Users are required to create an account to use the web app and can load/monitor multiple sovryn wallet addresses.

Best Sovryn Analytics Dashboard: Sovryn Dashboard by Akbar Idria

This is a complete Sovryn Analytics Dashboard with lending, borrowing and trading stats features. The features are presented in the most visually appealing ways using Graphs and Charts.

Other Highlighted winning projects include:



See the full list of Sovrython - Covalent projects here.

About Covalent

Covalent leverages big-data technologies 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.

Twitter: @Covalent_HQ



About Sovryn

Sovryn is a full stack financial operation. Sovryn is a Bitcoin-based decentralized trading and lending platform. It’s developed on RSK, a side chain of the Bitcoin blockchain-powered by merge-mining, and is governed by the community.

Leilani Ledingham

Communications, Covalent

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