We caught up with TM Lee, co-founder of CoinGecko, to see how they are using Covalent’s API. Here is what TM Lee had to say about Covalent’s API.
Q: Can you explain the product?
CoinGecko is the world’s largest independent cryptocurrency data aggregator with over 7,000 different cryptoassets tracked across more than 400 exchanges worldwide.
Q: What use case(s) does the Covalent API help you solve?
The Covalent API is a key solution for us as we expand token and market data tracking across multiple blockchains. Its unified API provided us with a developer friendly experience allowing us to query for contract logs across blockchains and decentralized exchange data beyond Ethereum such as Polygon POS, Binance Smart Chain, and more.
Q: What end points are you using?
- Class A: Get Log events by topic hashes
- Class B: Get Pancakeswap V2 network assets
Both of these endpoints power the table below.
Q: In your own words how do you feel Covalent is helping power your project?
With the uprising of DeFi, we are starting to see more on-chain activities, not just on Ethereum, but across multiple blockchains. That narrative is driving our aim at CoinGecko towards providing the most comprehensive market data in a multi-chain universe.
Covalent has helped us bootstrapped data acquisition across multiple blockchains; saving us development time from running our own nodes and figuring out difficult infrastructure issues.
Resources
All of the endpoints mentioned above and used by CoinGecko can be found below.
About CoinGecko
CoinGecko provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics.
About Covalent
Covalent leverages big-data technologies to create meaning from hundreds of billions of data points, delivering actionable insights to investors and allowing developers to allocate resources to higher-utility goals within their organization. Instead of pain-stakingly sourcing data from a small handful of chains, Covalent aggregates information from across dozens of sources including nodes, chains and data feeds. The Covalent API then sources end users with individualized data by wallet, including current and historical investment performance across all types of digital assets. Most importantly, Covalent returns this data in a rapid and consistent manner, incorporating all relevant data within one API interface.
Twitter: @Covalent_HQ
Telegram: https://t.me/CovalentHQ
Discord: https://bit.ly/Covalenthq_discord
