How Covalent works

General working principle of Covalent

The Covalent API is based on today’s popular Big Data. The mechanism involves indexing billions of data points in blockchain networks to provide comprehensive information to users about internal processes. For example, crypto investors will be able to reasonably assess the prospects of a particular currency in the presence of such data to make buy-sell decisions.

Features of the functioning of Covalent

The developers describe the model for how the Covalent API functions in a very simple way.

Covalent API tech base

The product is a simple REST API. It is developed to retrieve token balances, positions, and transaction history across different types of blockchains.

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