Covalent harnesses big-data technologies to extract meaningful insights from hundreds of billions of data points, providing actionable information for investors and enabling developers to focus on higher-value activities within their organizations. Rather than gathering data from a limited number of chains, Covalent consolidates information from numerous sources, including nodes, chains, and data feeds. The Covalent API delivers personalized data by wallet, encompassing current and historical investment performance across all types of digital assets. Crucially, Covalent provides this data quickly and consistently through a single API interface. Having achieved product-market fit, Covalent is now moving into its next phase: progressive decentralization. This will allow the Covalent Network to be owned and operated by its users, with the Covalent Query Token (CQT) playing a key role in this transition.