EricF
EricF
SONIC+15.48%
Last Q3 was a breakout month for @Covalent_HQ, now this $CXT couldn't escape the bloodbath yesterday.. 150+ chains integrated Real revenue buybacks Listed on Revolut (MiCA compliant) The loop: usage → revenue → buybacks → burns → repeat, will it really work? 🧵👇 (1/3)
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EricF
EricF
The protocol @Covalent_HQ ’s new address activity endpoint enables you to locate where a wallet is active across 100+ chains such as Sonic with a single API call, adds 1000% more flexibility
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it’s mechanics that print Every query + integration fuels the $CXT loop. 900K $CXT retired in August alone 7.7M+ $CXT bought back over the past year All powered by ultra-fast infra like GoldRush Streaming API, feeding: AI agents HFT bots Onchain apps that need sub-second data Latency, not throughput, is the new bottleneck. Covalent is where that edge gets built (2/3)
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The ecosystem keeps expanding: Base speed run report ($3.4B+ bridged) Hyperliquid x Covalent collab $200K @wallchain_xyz for top creators It’s a revenue engine with real users and compounding speed, now if price comes up, then @Covalent_HQ will become something (3/3)
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