Covalent vs OpenZeppelin

How Covalent vs OpenZeppelin compare on our ratings, infrastructure provider specs, funding, pros and cons.

VS
Feature
Ratings
Our score4.1/54.5/5
User ratingNo reviews yetNo reviews yet
Reliability4.55.0
Chain coverage5.04.5
Pricing3.04.0
Developer experience4.55.0
Support3.54.0
Specs
ServicesIndexing, Data APIs, Developer toolingDeveloper tooling
Chains supported10010
Free tierNot disclosed Yes
Pricing fromNot disclosedFree for open-source tools
Enterprise SLA Yes Yes
Open source Yes Yes
TokenCXTNot disclosed
Uptime SLA99.99%Not disclosed
Free tier limitsNot disclosedOpen-source contracts, Relayer, and Monitor under AGPL-3.0 and MIT licenses
Company
Founded20182015
HeadquartersCanada—
Investors1kx, Coinbase Ventures, Delphi Digital, YZi LabsNot disclosed
Strengths and weaknesses
Pros
  • Standardized data schema across more than 100 supported blockchains
  • Under 200ms API response latency with historical data from genesis
  • Dual auditing history with evaluations from Quantstamp, Sherlock, and Hacken
  • Native token CXT is over 89% circulating with 278M+ tokens staked
  • Core contract libraries and tooling are free and open source
  • Used by 9 of the top 10 stablecoins and top 10 tokenized funds
  • Supports EVM networks along with Solana, Stellar, and TRON
  • Holds SOC 2 Type II and CCSS institutional security compliance
Cons
  • Network security relies on a small set of 23 active operators
  • Past native token migration required swapping CQT to CXT
  • Hosted API endpoints introduce centralized external infrastructure dependencies
  • Hosted Defender SaaS shuts down permanently on July 1, 2026
  • Self-hosting Relayer and Monitor creates internal devops maintenance overhead
  • Custom security audit and Continuous Security advisory fees require institutional quotes
Best forMultichain wallet developers, Onchain analytics and tax platforms, Autonomous AI agent buildersSmart contract developers deploying standard tokens, Institutions building regulated stablecoins and funds, Teams needing automated, self-hosted transaction relaying

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.

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