Coinbase Ventures and Binance Labs backed Covalent, a Web3 data provider and Unified API Key creator, today announced its integration with the Nervos Network. This integration marks another step by Covalent to achieve its mission of bringing visibility to billions of Web3 data points in a time-effective and seamless manner. Covalent is the leading data provider to blockchains like Ethereum, Polygon, Avalanche, and more.
The new partnership between Covalent and Nervos is essential in transforming the Web3 data experience, making the information needed to power decentralized applications more accessible to projects and developers. Currently, Covalent sources data from 35+ blockchains to provide its industry-leading Unified API Key, which can access balances, positions, historical granular transaction data, and more.
“Covalent came to life amid a bear market with the mission of building the most comprehensive blockchain data ecosystem via our Unified API,” said Ganesh Swami, CEO and co-founder at Covalent. “Since then, over 3,000 projects have been able to use and build with our API. The Covalent API makes indexing and organizing blockchain data a process that can take enormous amounts of time, simpler and less time-consuming. As we continue to innovate and expand the Web3 space, projects that allow developers and creators accessible solutions are more critical now than ever.”
“We recognize that the Web3 space is not always the simplest or the most user friendly,” said Terry Tai, CEO of the Nervos Foundation. “For Web3 to become mainstream, and for mass adoption to occur, users have to be able to understand and engage with various platforms and applications. As part of our vision, we are thrilled to partner with Covalent to make the mission of simplifying Web3 possible. Nervos Network’s integration with Covalent’s Unified API provides a time efficient solution and reduces workflow complexity, which will help developers shift their focus towards building innovative technologies that will truly expand the Web3 space.”
Querying on-chain information from the Nervos Layer 2 solution, Godwoken, will follow an intuitive, user-friendly process: users will only need to specify the relevant chain ID when calling the APIs that Covalent users are already familiar with.
The Covalent Unified API grants access to popular data points for the Godwoken Chain including:
- Token balances for an address
- Historical portfolio value of an address over time
- ERC20 token transfers of an address
- All NFT token IDs of a collection
- Decentralized exchange liquidity pools of an address
- Decentralized exchange transactions of an address