Centrifuge vs Covalent X Token — how do they compare? Centrifuge trades at Rp3,200 (market cap Rp1,85T, Rp154,54M 24h volume), while Covalent X Token trades at Rp67.64 (market cap Rp65,46M, Rp3,64M 24h volume). The key difference: Centrifuge is far larger — about 28261.5× Covalent X Token's market cap, and Covalent X Token's supply is capped (967,1M / 1B CXT (97%)) while Centrifuge's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Centrifuge for 4 Days and Covalent X Token for 10 Days on average.
| CFG | CXT | |
|---|---|---|
Market Cap | Rp1,85T | Rp65,46M |
Volume (24h) | Rp154,54M | Rp3,64M |
Circulating Supply | 577,2M CFG | 967,1M / 1B CXT (97%) |
Typical Hold Time | 4 Days | 10 Days |
Centrifuge is a decentralized infrastructure protocol that brings real-world assets like invoices, real estate, and Treasury bills onchain for use in DeFi. It provides open, EVM-native infrastructure for tokenizing and managing financial assets across multiple networks, including Ethereum, Base, and Avalanche. The CFG token powers governance, enabling holders to vote on protocol upgrades and strategic decisions through a DAO.
Read more on CFG →CXT is the utility and governance token of the Covalent Network, which safeguards Ethereum’s historical data. It is used for staking and enables holders to participate in decentralized governance. The network enhances data availability for developers building on the Ethereum ecosystem.
Read more on CXT →