What Covalent is
Covalent (CQT) is a digital asset, currently ranked 219th by market capitalization among the assets we track. Covalent is a cryptocurrency without a single dominant category label in our data. That makes its own whitepaper and project materials the best guide to what it is actually for.
How to approach Covalent
Where a clean archetype is missing, the honest approach is to lean on observable facts: how it trades, how much supply exists, and what the project documents about its design.
Where Covalent sits in the market
Trading around $0.00003000, Covalent.
What the price history shows
Across timeframes, CQT shows 7-day -70.43%.
Volatility profile
Recent action puts Covalent in the Extreme-volatility band — it is in a high-volatility regime — these are the conditions where outsized gains and losses both become more likely.
How to evaluate Covalent
A grounded read on CQT comes down to three questions:
- Liquidity — how deep and reliable trading in CQT is across venues.
- Supply dynamics — circulating versus maximum supply and the resulting dilution path.
- Documentation — what the project itself claims, since standardized sector data is limited here.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.