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Covalent X Token (CXT) is the native token of the Covalent network, used for staking and participating in the protocol's decentralized data infrastructure. Traders swap CXT when moving between ecosystem positions or rebalancing into other Ethereum-based assets. Because CXT operates exclusively on Ethereum, every swap involves standard ERC-20 mechanics.
Before swapping CXT, confirm your receiving wallet or platform supports ERC-20 tokens on Ethereum, since CXT has no other network option. Ethereum network congestion can affect how quickly a transaction confirms, so the time between initiating a swap and receiving funds may vary. No memo or destination tag is needed for CXT transfers. The Zest widget displays the expected rate and output amount before you confirm, giving you a chance to review the terms without any signup required.
Ethereum
