Covalent Official Announcements

Blockchain data is becoming programmable infrastructure. Your usage of it should be too. Today we shipped the GoldRush Usage API: the same daily usage, credit burn, and per-key breakdown you saw in the dashboard - now one API call away Learn more: https://x.com/i/status/2082904389925380529

Support for Robinhood Chain by Robinhood is now live on GoldRush. Learn more: https://x.com/i/status/2074237083577909309

GoldRush June recap: 3 launches across EVM traces, HyperCore and more Full breakdown below 🧵 https://x.com/goldrushdev/status/2073105077339099601?s=20

GoldRush is the complete data layer for Hyperliquid. You probably know the GoldRush Hyperliquid API for its HyperCore coverage. We also cover HyperEVM. Learn more https://x.com/i/status/2069152349474750837

We just fixed the biggest blind spot in onchain transaction history If your transaction history has ever had gaps you couldn't explain, this is why. GoldRush now covers traces support Learn more: https://x.com/goldrushdev/status/2067685297668993387

In October 2025, Hyperliquid activated HIP-3, a protocol change that lets any team willing to stake HYPE tokens deploy custom perpetual futures on its native order book, targeting any asset with a reliable price feed. Eight months later: $3 billion in open interest across stocks, indices, commodities, and pre-IPO companies. Twelve of Hyperliquid's top 20 markets by volume are now RWA assets. This article maps the ecosystem and the underlying data layer. https://x.com/Covalent_HQ/status/2066962798303982063

We just made every custom blockchain indexer obsolete. GoldRush Pipeline API is live. 🧵: https://x.com/goldrushdev/status/2065150906942017968

Hyperliquid just rate-limited their own public WebSocket endpoints: • webData2 → slowed to 15s push. Being deprecated. • allMids → slowed to every 5 seconds. • l2Book → forced tradeoff: speed or depth, not both. GoldRush's Hyperliquid APIs are drop in replacements with no rate limits. Full depth. Real-time. One API key. No deprecations. Sign up and all APIs are free for 2 weeks. Try them out! https://x.com/i/status/2064792255282716811

$1.77 trillion valuation. $135 a share. The largest IPO in history. SpaceX is going public this Thursday. Crypto already priced it weeks ago though - a pre-IPO perp went live on HIP-3 by Tradexyz on Hyperliquid. Opened at $150, ran to $216, sitting at $168 today. Still 24% above what Wall Street is offering it at. It’ll be interesting to watch how $SPCX converges from $168 toward $135 this week, that price action may say more about where the stock is headed than any analyst note Find the prompt below to build a one-shot GoldRush dashboard tracking SPCX open interest and price action: https://x.com/goldrushdev/status/2064044829458489712

$3B in RWA open interest. On Hyperliquid alone. Finance is transitioning on-chain. What used to live in Bloomberg terminals and brokerage accounts is now tradeable, queryable, and composable on-chain. RWAs are how it happens, and at GoldRush, we are indexing it all. Across every market: • Equities • Indices • Commodities • Treasuries & Bonds You can now build a RWA dashboard with the most granular data in 5 mins by copying the 3 steps below: 1. Sign up for GoldRush and claim your 14-day free API key goldrush.dev/platform/auth/ 2. Paste this guide into your preferred LLM and add your API key 3. Prompt it with: "Build me a dashboard tracking global markets on hyperliquid"

"Everybody knows Anthropic, but no one talks about databricks. They are like the unsung hero." Ganesh on our community call, breaking down the medallion architecture, pioneered by Databricks. It helps us differentiate raw data, refined data, and business ready data. A legacy framework, brought onchain and implemented by Covalent. This matters because blockchain data never stops growing. We have every block, transaction, log event, wallet, token, from the genesis block. Some chains like Ethereum stretch back over 10 years. Watch the clip here: https://x.com/Covalent_HQ/status/2061870572028727403

GoldRush May recap: 7 launches across Hyperliquid, Pipeline API, and more. Full breakdown below 🧵 https://x.com/i/status/2060420950190133751

Hyperliquid processes ~100k order updates per second. If you're building a trading bot or arb engine on it, you don't need all of them - just what changed each block GoldRush now streams L2 order book diffs. That means instead of receiving the full book every tick, builders get only the price levels that changed each block. • Track one asset or many • Cover perps, spot, and outcome markets • Build depth maps, scanners, and arbitrage engines Learn more: https://x.com/i/status/2060088745651810630

The Covalent Network is approaching a key inflection point. With ~4.1M $CXT remaining in the staking rewards pool, the current emissions schedule is projected to run out by July 31, 2026. To support the transition toward a network powered by protocol revenue, the protocol is proposing to recalibrate $CXT emissions from 66,750 to 33,375 per epoch (day). This adjustment would extend staking rewards through the end of September 2026, giving the network additional runway for its next phase of growth. Your vote matters. $CXT on Ethereum, Base, or currently staked are all eligible in today’s vote. Snapshot is now live. Vote now: https://x.com/i/status/2060066083839914040

A lot of questions came in during our last community call. @gane5h sat down to answer the ones we didn't get to answer due to time constraints. Topics covered: • $CXT custody on OKX • Milestone-to-token-value strategy • Streaming API launch • FinTech app integrations • Active NDAs over the last 12 months Check out the full thread on X and ask your questions: https://x.com/Covalent_HQ/status/2059318688432701707

🚨 Community Call Update The Call had to be postponed by 1 hour because we had an uncalled situation - Boomi wanted undivided love and attention at the previous timing we had decided for the call The updated timing is 19 UTC Sorry for the inconvenience https://x.com/Covalent_HQ/status/2056479988875198558

🚨 Community call updates on community request, we're taking this beyond Discord Our Community call on Thursday will stream live on X, LinkedIn, YouTube, and Discord 2026 roadmap, the future of CXT, and a live Q&A to close 📍All Socials Covalent 📅 May 21 🕒 18:00 UTC Ask your questions here: https://forms.gle/JTEgPGyKjNb9aZu57 https://x.com/Covalent_HQ/status/2056479988875198558

SpaceX pre-IPO is live on Hyperliquid. There are two markets • $SPCX by tradexyz • $SPACEX by ventuals One trades near fair value while the other carries a 1,400bp basis premium with a C health score. If SpaceX IPOs at the implied valuation, this is the largest IPO in history. We surface both on our Hyperliquid dashboard.

🚨 Community Call Alert Ganesh will be answering the most asked questions about Covalent, live this Thursday. We're covering: • Covalent 2026 Roadmap • Future of CXT • Market vision • Live Q&A Ask your questions here: https://forms.gle/JTEgPGyKjNb9aZu57 📍: Covalent's Discord 🗓: May 21 ⏰: 18:00 UTC

Hyperliquid Info API Expands to 18 Types Discover the 11 new info types here: https://x.com/i/status/2056435013311504866