Covalent, a Web3 data provider trusted by a community of 40,000+ developers and powering data for 5,000+ applications, announced today an integration with Layer-2 blockchain Arbitrum Nova (“Nova”) to enhance its existing data offerings. Strengthening its position as the leading provider of deep, granular, and historic blockchain data, this collaboration will provide Covalent’s community of developers and analysts with a fresh wave of accurate, timely endpoints to support innovation.
With a heavy focus on scaling the Gamefi ecosystem – through groundbreaking partnerships with app-chains and subnets such as Avalanche’s DeFi Kingdoms and Crabada – Covalent’s work with Nova will improve data availability for developers building the next generation of gaming with blockchain technology. Nova is purpose-built to accelerate the development of Web3 social applications allowing Covalent users to build and analyze data in this developing space.
“Our mission is to support developers with unparalleled access to valuable data endpoints – which, in turn, helps scale the entire Web3 ecosystem and boost mass adoption,” said Ganesh Swami, CEO of Covalent. “Offering unique insights into gaming and decentralized social media is just one of the many ways we are building our data offerings and propelling innovation in the evolving blockchain space.”
Covalent’s data collection process ensures latency for the most up-to-date information retrieval, tremendous breadth spanning 90+ blockchains and alternative sources (app-chains, L2s, etc), and impressive depth – ensuring all data is analyzed from the genesis block and beyond. High-quality Web3 data and analytics remain in great demand by protocols, institutions, and dApp developers.
“When we launched Arbitrum Nova, we envisioned it as a supported environment where developers could create exceptional gaming and social dApps,” said David Bolger, Offchain Labs. “Working with a leader in the blockchain data space is helping our own ecosystem and will hopefully allow others to leverage our data points to build projects with true value and utility for users.”
To learn more about Covalent visit covalenthq.com or follow @Covalent_HQ on Twitter.
Covalent provides the industry-leading Unified API bringing visibility to billions of Web3 data points. Developers and analysts use Covalent to build exciting multi-chain applications like crypto wallets, NFT galleries, and investor dashboard tools utilizing data from 90+ blockchains. Covalent is trusted by a community of 40,000+ developers and powers data for 5,000+ applications, including 0x, Zerion, Rainbow Wallet, Rotki, Bitski, and many others.
About Arbitrum Nova
Arbitrum Nova is a leading Ethereum Layer-2 scaling solution developed by Offchain Labs. An AnyTrust solution, Arbitrum Nova is ideal for gaming, metaverse, and socialfi projects, enabling near-instant confirmation and <$0.01 transactions with minimal trust assumptions. Co-launched with Reddit in August 2022, Arbitrum Nova is home for Reddit community token holders from r/Cryptocurrency and r/FortniteBR. Alongside the Reddit communities, there is a vibrant gaming ecosystem building with Nova being a perfect platform for web3 games such as Starfall Arena, Metagates, The Damned Pirate Society, Farcana and Rocket Monsters all having announced an integration recently.