Covalent (CQT) — price, funding and open interest
CQT/USDT perpetual on Kraken: price 0.0006000, 24h turnover $157. Updated in real time.
What this is
Network infrastructureCovalent is one API to the data of dozens of blockchains: balances, transactions, history for apps and analytics. The token pays for queries and is staked by network operators.
Chart
Chart built from data of Kraken
What the data shows
CQT trades at 0.0006000. Over 365 days it ranged between 0.0003200 and 0.002160; the price now sits in the lower third of that range — 15% of the way from the yearly low to the high.
There is only one venue — Kraken — and no second price source: if it drifted from the market, there would be nothing to notice it by.
24-hour turnover is $157 — the 33th percentile for the year: a normal level of activity for it.
NATR is 2.44% on the minute and 3.17% on the hour — price grinds: the hourly range is barely wider than the minute one.
The daily range is 9.1% and five-minute NATR is 0.00%. That range is in the 39th percentile for the year — an ordinary day for it.
Over the day +1.70%, over the hour 0.00%, over the last five minutes 0.00% — it moved livelier an hour ago and has since gone quiet.
By turnover it ranks 1862 of 1876 instruments in the screener.
By daily range it ranks 503 of 1876.
Built from current numbers and the coin's own year of history. Updates with the data.
How CQT behaved before
Tracked since August 2024 — 24 full months, and falling ones prevail: 16 of 24. Median month -10.1%.
Best month — November 2024: +88.9%. Worst — February 2026: -45.6%.
Computed from our own minute history, month by month. The past promises nothing — but it shows what is ordinary for this instrument and what is not.
Our observations
KairoRight now CQT is within its usual range: volume, funding and open interest are all unremarkable.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Similar instruments
From the same group — network infrastructure. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.