Moonriver Indexed APIs Now Available from Covalent
Boston, MA – August 9, 2021 – Moonbeam, the Ethereum-compatible smart contract platform on Polkadot, announced a collaboration and integration with Covalent, the leading provider of indexing solutions for blockchains. The initial integration includes complete indexing of Moonriver, a parachain deployment on the Kusama network. This integration expands the availability of data on Moonriver and simplifies the experience for developers who need reliable, high-quality data.
Covalent provides a unified API to bring full transparency and visibility to assets across all blockchain networks. Its dataset supports 25B+ transactions, 30,000+ price feeds, and 200,000+ smart contracts for querying. This integration provides indexed Moonriver blockchain data to developers with the need for high performance as they build out their multi-chain applications. Developers can call the network via the unified API by changing the *chainId* parameter. The blockchain data available includes:
- Token balances per address
- Historical transactions per address
- Historical prices by address and ticker symbol
- Decoded log events
Covalent currently indexes Moonriver on Kusama and the Moonbase Alpha TestNet. Once launched, Covalent will also support Moonbeam on Polkadot.
“When we were looking to settle the Covalent network, we spoke to about a dozen different teams and ended up picking Moonbeam. It wasn’t live, there were unanswered questions, and there was a risk, but what impressed us was the team. Our relationship has blossomed beyond that integration, and now we’re very happy to be indexing Moonriver and participating in this ecosystem to provide accessible data,” says Ganesh Swami, Covalent CEO.
Moonbeam is an Ethereum-compatible parachain that serves as an easy launchpad for projects that want access to the users and assets on Polkadot. Moonriver is its community-led sister network on Kusama. Moonbeam has already proven to be an attractive destination for developers that want to expand to Kusama and Polkadot and already has dozens of integrations, a growing DeFi and NFT ecosystem, and an enthusiastic community of builders.
“Broader Web3 adoption requires great application UX and performant access to backend data, but these have historically been constrained by what the direct node RPCs are able to offer,” says Derek Yoo, Founder of the Moonbeam Project. “Covalent’s unique approach not only delivers performance but also access to an enriched multi-chain data set. It’s a great fit for Moonbeam developers looking to create next-generation multi-chain applications.”
Covalent will soon be launching a campaign for developers building with Moonbeam. To stay updated on that campaign, as well as ways to use Covalent’s data, please visit the Covalent Website and Twitter.
About the Moonbeam Network
Moonbeam is an Ethereum-compatible smart contract platform on the Polkadot network that makes it easy to build natively interoperable applications. This Ethereum compatibility allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonbeam with minimal changes. As a parachain on the Polkadot network, Moonbeam will benefit from the shared security of the Polkadot relay chain and integrations with other chains that are connected to Polkadot. Currently in active development by PureStake, Moonbeam is expected to reach MainNet by Q3 2021. Learn more: https://moonbeam.network/.
Covalent leverages big-data technologies to create meaning from hundreds of billions of data points, delivering actionable insights to investors and allowing developers to allocate resources to higher-utility goals within their organization. Instead of pain-stakingly sourcing data from a small handful of chains, Covalent aggregates information from across dozens of sources including nodes, chains, and data feeds. The Covalent API then sources end-users with individualized data by wallet, including current and historical investment performance across all types of digital assets. Most importantly, Covalent returns this data in a rapid and consistent manner, incorporating all relevant data within one API interface.