Covalent X Token vs IKA — how do they compare? Covalent X Token trades at Rp42.5 (market cap Rp41,5M, Rp2,62M 24h volume), while IKA trades at Rp46.9 (market cap Rp140,65M, Rp4,9M 24h volume). The key difference: IKA is far larger — about 3.4× Covalent X Token's market cap, and Covalent X Token's supply is capped (972,3M / 1B CXT (98%)) while IKA's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Covalent X Token for 5 Days and IKA for 3 Days on average.
| CXT | IKA | |
|---|---|---|
Market Cap | Rp41,5M | Rp140,65M |
Volume (24h) | Rp2,62M | Rp4,9M |
Circulating Supply | 972,3M / 1B CXT (98%) | 3B IKA |
Typical Hold Time | 5 Days | 3 Days |
What Pluang investors did over the last 30 days
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 →Ika is a decentralized network enabling secure, native cross-chain interoperability through advanced cryptography. It allows smart contracts to manage assets across multiple blockchains without relying on bridges or wrapped tokens. Using 2PC-MPC cryptography, Ika provides zero-trust asset control across chains like Bitcoin and Ethereum. Its dWallet primitive enables programmable, consent-based signing, and it is built on Sui for high-speed, scalable transactions.
Read more on IKA →