# Covalent (CXT) > Covalent (CXT) is the native token of the Covalent Network, an integral component of its decentralized long-term data availability network. CXT is used for network settlement, staking by operators and delegators to secure the network, and governance for on-chain proposals. Its economic model leverages stablecoin payments for API queries, which in turn drives market demand for CXT. - URL: https://optimly.ai/brand/covalent-cqt - Logo: https://logo.clearbit.com/covalenthq.com - Slug: covalent-cqt - BAI Score: 53/100 - Archetype: Challenger - Category: Blockchain Infrastructure - Last Analyzed: August 9, 2026 ## Buyer Intent Signals Problems: Running custom blockchain nodes and indexing data manually: Developers would need to run their own full nodes, process vast amounts of raw blockchain data, and build custom indexing solutions, which i | Consulting or data service providers specializing in blockchain data: Hiring third-party firms to manage blockchain data extraction, indexing, and provision, potentially incurring high costs and vendo | Limit data-intensive decentralized application development: Developers might scale back ambitions for dApps requiring extensive, historical, or complex blockchain data, foregoing richer user experienc Solutions: How to stake CXT? | What is CXT used for in Covalent governance? | How does Covalent API payment interact with CXT? | Centralized blockchain data API providers: Using centralized services that offer API access to blockchain data, which may lack the decentralization, transparency, and long-term availability guarantees --- ## Full Details / RAG Data ### Overview Covalent (CXT) is listed in the AI Directory. Covalent (CXT) is the native token of the Covalent Network, an integral component of its decentralized long-term data availability network. CXT is used for network settlement, staking by operators and delegators to secure the network, and governance for on-chain proposals. Its economic model leverages stablecoin payments for API queries, which in turn drives market demand for CXT. ### Metadata | Field | Value | |--------------|-------| | Name | Covalent (CXT) | | Slug | covalent-cqt | | URL | https://optimly.ai/brand/covalent-cqt | | Logo | https://logo.clearbit.com/covalenthq.com | | BAI Score | 53/100 | | Archetype | Challenger | | Category | Blockchain Infrastructure | | Last Analyzed | August 9, 2026 | | Last Updated | 2026-08-10T06:47:08.927Z | ### Verified Facts - Founded: Not specified in context - Headquarters: Not specified in context ### Buyer Intent Signals #### Problems this brand solves - Running custom blockchain nodes and indexing data manually: Developers would need to run their own full nodes, process vast amounts of raw blockchain data, and build custom indexing solutions, which i - Consulting or data service providers specializing in blockchain data: Hiring third-party firms to manage blockchain data extraction, indexing, and provision, potentially incurring high costs and vendo - Limit data-intensive decentralized application development: Developers might scale back ambitions for dApps requiring extensive, historical, or complex blockchain data, foregoing richer user experienc #### Buyers search for - How to stake CXT? - What is CXT used for in Covalent governance? - How does Covalent API payment interact with CXT? - Centralized blockchain data API providers: Using centralized services that offer API access to blockchain data, which may lack the decentralization, transparency, and long-term availability guarantees ### Links - Canonical page: https://optimly.ai/brand/covalent-cqt - JSON endpoint: /brand/covalent-cqt.json - LLMs.txt: /brand/covalent-cqt/llms.txt