Covalent partners with SKALE, improving accessibility, breadth of appchain data
Covalent, a Web3 data provider trusted by a community of 40,000+ developers and powering data for 3,000+ applications, announced its partnership with SKALE, a multichain Ethereum scaling solution offering a gas-free transaction solution to the Web3 community. This partnership aims to support development in the rising Ethereum appchain (application-specific blockchain) ecosystem by combining SKALE’s leading network of gas-free app-chains with Covalent’s rich, granular, historical data at no cost.
Anyone leveraging the Covalent API can access data from the SKALE ecosystem which includes numerous blockchains and hubs. Skale’s Hub ecosystems are designed to optimize user experience by providing liquidity, swapping, and marketplace services to decentralized app (dApp) chains while also creating zones where similar dapps can share chains in areas such as gaming, NFTs, and DeFi. The Calypso Hub, part of the SKALE ecosystem, recently integrated with NFTrade, bringing a pool of NFT-rich information across the Ethereum, BNB, Polygon, AVAX, and Moonbeam blockchains for Covalent users.
Partnering with SKALE furthers Covalent’s mission to increase universal blockchain data availability across various blockchains, including appchains, Layer 2s, and more. This integration, following recent partnerships with Avalanche Subnets, DeFi Kingdoms, and Crabada puts Covalent as an early adopter of appchains as a rich data pool for Web3 builders.
“Partnering with an Ethereum multichain network of SKALE’s caliber is a milestone for Covalent as we solidify our protocol as the leading data provider of ecosystem-specific blockchains,” said Ganesh Swami, CEO and co-founder of Covalent. “Very few data providers offer full visibility into this rapidly growing sector, and we’re pleased to do so for our developers in an easily understood, actionable, and no-cost manner. We have much more in store with SKALE and are looking forward to furthering collaborations in 2023 to provide builders access to even more granular and historic appchain data.”
Covalent’s data collection process ensures all data is analyzed from the genesis block to 2 blocks behind the present moment, yielding impressive depth and minimal latency across 60+ blockchains. Covalent’s tremendous breadth of data enables countless types of Web3 applications and high-quality analytics, which remain in high demand by protocols, institutions, and dApp developers.
“Now that SKALE has reached over 10 Million transactions a month and nearly half a billion USD in gas saved, having a partner that offers reliable access to all that data to the Web3 community is critical,” said Jack O’Holleran, CEO and cofounder, SKALE. “We’re excited to integrate with Covalent because it gives SKALE developers access to a rich and deep dataset for building new and innovative Dapps, plus it also opens up SKALE’s multichain data to the world.”
About Covalent
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 60+ blockchains. Covalent is trusted by a community of 40,000+ developers and powers data for 3,000+ applications, including 0x, Zerion, Rainbow Wallet, Rotki, Bitski, and many others.
To learn more about Covalent, visit covalenthq.com or follow @Covalent_HQ on Twitter.
About SKALE
SKALE is an Ethereum native, modular blockchain network composed of high-throughput, low-latency blockchains that are optimized for Web3 user experience. SKALE chains offer zero gas fees to end-users and have advanced features such as on-chain file storage, interchain messaging, zero-cost minting, ML/AI smart contracts, and enhanced security features. The SKALE network enables developers to deploy their own EVM blockchain in minutes without sacrificing speed, security, or decentralization. Welcome to the SKALEverse.
To learn more about SKALE, visit https://skale.space or follow @SkaleNetwork on Twitter.
