Covalent vs Tenderly

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

VS
Feature
Ratings
Our score4.1/54.3/5
User ratingNo reviews yetNo reviews yet
Reliability4.54.5
Chain coverage5.04.5
Pricing3.03.5
Developer experience4.55.0
Support3.54.0
Specs
ServicesIndexing, Data APIs, Developer toolingDeveloper tooling
Chains supported10050
Free tierNot disclosed Yes
Enterprise SLA YesNot disclosed
Open source YesNot disclosed
TokenCXTNot disclosed
Uptime SLA99.99%Not disclosed
Company
Founded20182018
HeadquartersCanadaUnited States
Investors1kx, Coinbase Ventures, Delphi Digital, YZi LabsSpark Capital
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
  • Supports transaction simulation and debugging across 50+ EVM chains
  • Provides Virtual TestNets synced directly with real-time on-chain state
  • Raised $58.6M in funding from institutional backers including Spark Capital
  • Offers a free tier for essential debugging and simulation tasks
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
  • Node RPC access requires a paid subscription plan
  • Centralized monitoring infrastructure creates operational vendor dependency
  • Focused exclusively on EVM networks without non-EVM support
Best forMultichain wallet developers, Onchain analytics and tax platforms, Autonomous AI agent buildersSmart contract protocol developers, DeFi risk engineering teams, Institutions managing multisig governance

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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