Covalent X Token vs Sky — how do they compare? Covalent X Token trades at Rp42.5 (market cap Rp41,59M, Rp2,62M 24h volume), while Sky trades at Rp951.79 (market cap Rp22,26T, Rp177,13M 24h volume). The key difference: Sky is far larger — about 535224.8× Covalent X Token's market cap, and Covalent X Token's circulating supply is 972,3M / 1B CXT (98%) versus 23,4B / 23,5B SKY (100%) for Sky. Which is the better fit depends on your goals — on Pluang, investors hold Covalent X Token for 5 Days and Sky for 15 Days on average.
| CXT | SKY | |
|---|---|---|
Market Cap | Rp41,59M | Rp22,26T |
Volume (24h) | Rp2,62M | Rp177,13M |
Circulating Supply | 972,3M / 1B CXT (98%) | 23,4B / 23,5B SKY (100%) |
Typical Hold Time | 5 Days | 15 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 →Sky (SKY) is the governance token of Sky Protocol and an upgraded version of MakerDAO, built to make DeFi more accessible, scalable, and rewarding through modular, non-custodial tools.
Read more on SKY →