
Ganesh Swami
@gane5h
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Web3, Data Analytics, Startups and Adventure. Building @Covalent_HQ. DMs open.
Joined August 2008
π¨π¨ Introducing the 'Zero-Employee Enterprise' - a new way to think about agents augmenting your work. We've completely rebuilt the AI Agent SDK for v0.2.0 from the ground up to accomplish this. These agents have now reached autonomy - using Chain-Of-Thought models to iterate
Introducing the AI Agent SDK v0.2.0: The 'Zero-Employee Enterprise'. AI and crypto move fast, but so do we. The AI Agent SDK v0.2.0 is a full rebuild designed for the onchain world, powering a new era of autonomous, crypto-specialized AI agents π§΅π
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Last week, @jessepollak announced that @base is rolling out flash blocks - streaming partial blocks to nodes every 200ms. Itβs live on testnet now and expected to hit mainnet in Q2. 200ms. Blockchain apps are about to feel like magic. Iβve spent the past few days thinking.
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Over the past few months, the team at @Covalent_HQ has been quietly playing, experimenting and building with AI Agents. π€. We have something to announce soon, but here's a sneak peek. See screenshots. π. The thesis:. - AI agents need data to differentiate & personalize.-
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Builders who are planning to stick around for many cycles need the right partners to go the distance:. - capital partners to fuel the journey.- strategic partners to open doors.- sparring partners to challenge/refine your vision and push you to think bigger. Iβm fortunate to have.
I surely will get some heat of tIeR oNe VCs for this one, but hardly anyone speaks about it:. Earlier today, I had a conversation with one of our portfolio companies, and they asked me:. "Out of curiosity, who are your LPs actually?". Funny enough, even though we've been in the.
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I heard shipping fixes jet lag.
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"Money Moves" is an important piece of writing by my friend @joel_john95. Link in the next tweet. There's currently a platform shift with the infrastructure layer of blockchains - and users will expect real-time, instantaneous transactions and settlement. In some ways, financial
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This is known has Host Counterattack. After years of rollups leeching off the L1 as a parasite, the host is now eliminating or reducing the parasite's precense with a mix of immune response, physiological and behavioral changes. Long live the L1. Great time to be building on.
7/ Ensuring Ethereum lives up to those values requires constant progress. Our objectives for the next 12 months are clear:. - Scaling Ethereum L1.- Scaling blobs.- Improving UX.
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This is the real Crypto x AI use-case. Agents to do your finance and accounting - congrats on this exciting launch @EntendreFinance! π₯π₯π₯. (powered by @Covalent_HQ's @goldrushdev API).
Entendre is releasing the first AI agents of its kind for finance and accounting π¦. 12+ agents rolling out in 6 weeks built to automate bookkeeping, accounting, reporting, and treasury. First up:. π° Treasury Agent β Real-time and historical balance tracking across wallets,
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π’ Big release: We just launched the first-ever MCP server for blockchain data - live now via the @goldrushdev API!. It brings real-time, verifiable onchain data directly into AI models using @AnthropicAIβs Model Context Protocol. π―π½πππΆπΉ π§΅πππ
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Era is just one chain - you need to look at the entire universe of chains that uses their tech. Lots of ways to commercialize going forward including crosschain asset transfers, private deployments, IP licensing, etc. It's clear that the tech is working and growing in adoption.
zkSync raised their last round at $1.25 billion. Now at $1 billion, with all metrics slowly going to zero. VCs do also cry.
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This is an important milestone not just for @QuillAudits_AI, but for the entire industry. Anything to make smart contracts more secure is a win. Congrats guys - this is massive. π.
π¨Our AI Auditor just ranked 18th out of 461 in a @sherlockdefi audit contest. Outperforming hundreds of human auditors, and this is just the beginning. β
Accepted finding: "Lack of Access Control on Reward Notification". Filed. Flagged. Fixed. Secure your smart contracts
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The primary GTM method for new EVM chains over the last 4-5 years was to find teams to copy-paste existing contracts on Mainnet. It's also really easy for an existing protocol to expand to newer networks, instantly jump-starting that ecosystem. With EOF, foundational contracts.
One of the chief objections I've seen to the EOF is that it breaks the network effects of the EVM. Does anyone have a good sense of how to reason about these network effects and how they accrue value to ETH?. I don't have a clear mental model.
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@spencernoon @0xPolygon @OurNetwork__ We did a big analysis last week on CoinTelegraph, perhaps can do something fresh again? It was CT's biggest hit. π―.
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Strongly believe that markets will bifurcate between tokens with utility and . the rest. This fantastic analysis by @Mausefalle25 on @ournetwork__ is the direction the Covalent Network is heading towards. Early days, but the faster the flywheel spins around revenue through.
.@Covalent_HQ is showing strong growth and impressive API usage. β’2M+ paid API calls daily.β’3M+ CXT bought since 2024.β’285M CXT staked . More in todays @ournetwork__ edition:
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1/ Today we announce support for the @avalancheavax network at @Covalent_HQ!. π Developers now have a full suite of rich, sophisticated APIs atop one of the most developer-focused networks in the ecosystem!. Excited to see what unfolds! πͺ. Thread time β¬οΈβ¬οΈβ¬οΈ.
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We are open-sourcing the largest list of spam tokens across 6 chains. We hope everyone in the ecosystem can use this list to level up their UX. Perhaps in a few weeks, we'll talk about the ML process behind generating this list. Also, cool use of AI-generated animations!.
There are over 10 million spam tokens flagged across the ecosystem. @goldrushdev just launched the ππ’π«π¬π-ππ―ππ« public, enhanced spam lists for.ERC20s and NFTs. Open-source, multichain, and built for builders ready to level up. πΉοΈ Game on.
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With the recent data vendor consolidation + shutdown of the @SimpleHashInc NFT indexer - our community has questions. I've shared my long-from thoughts in the link below. Bottom line: We aren't working on @Covalent_HQ for a quick flip, or to jump on the newest hottest
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Ethereum L1 dominates asset issuance (80% market share for RWAs), but its raw performance is falling behind. Itβs never been clearer to me -- the L1 must invest in scaling itself. @ethena_labsβ move to a standalone L1 is a warning sign. Expect more of this in the coming months.
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Hot off our v2 release of our Agent SDK yesterday, we are sponsoring a hackathon exclusively focussed on AI agents. It's time to build! ποΈ.
@Covalent_HQ is offering $5,000 USD in prizes. Covalent's AI Agent SDK fosters an ecosystem of autonomous Chain-of-Thought agents collaborating on complex tasks. It enables easy building, deployment, and interaction with intelligent, context-aware agents. π:
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The big lesson from 2025 is that if you own the path to the end-user, you can change the engine mid-flight and the user would be none the wiser. Saw this with Cursor and swapping out the underlying model OpenAI/Claude/Deepseek.
in 2023, every infra project launched brilliant middleware and realized they needed a chain on top to get users. in 2024, every infra project launched a brilliant chain on top and realized it needed apps to get users. in 2025, every infra project is looking to launch apps.
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Happy to share that @Covalent_HQ has secured $3.1 million in new funding to build the future of blockchain data analytics. Read my blog post here:.
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It's incredibly easy to fetch token balances for any wallet on the @monad_xyz testnet in just one line of code. Only if you're using @goldrushdev.
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π’ If you get this DM, please block. This is what @chainyoda is talking about.
Got scammed for a material amount of money by pretend @Bloomberg interviewers who took control of my mac. I will be quite fine but be careful out there.
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Proud to be building in the trenches with the @berachain team! . It pains me to see CT turn against this network - it hasn't been live a week! . As builders know, Rome wasn't built in a day. Tons interesting about this chain - including the novel PoL mechanism and the culty.
π» Berachain is finally real!. The wait is over: Covalent is now live on @berachain mainnet, providing seamless access to structured onchain data for builders in the $BERA ecosystem.
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My second X space hosting @ChiZhangData covering a broad set of topics:. β
unique challenges specifically wrt data that warrants new solutions. β
why build a new L1 when provenance is native to a blockchain. β
how to keep up with a dynamic space where there's a new AI.
HAPPENING TOMORROW π¨. Weβre excited to chat with @ChiZhangData from @GoKiteAI about the transformative role of data in AI and much, much more! . Set your reminders π
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1/ Happy to share that @Covalent_HQ has raised an additional $10 million in new funding via our public token sale on Coinlist. Thanks to the stellar team at Coinlist Mike, Kathy, Alex and the Covalent team Erik, Adrian, Pratik, Niall and Jackie for the support. π.
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It's encouraging to see Solana making strides toward improving its read-layer and acknowledging the importance of historical data. Frankly, this has been an obvious and glaring hole for years. As someone who has spent over five years at @Covalent_HQ working on precisely this.
6/ Fixing The Read Layer. The Solana read layer needs an overhaul. We're building a new independent version of the RPC and are experimenting with a more plug-and-play version that work in specific modes. E.g. historical accounts, streaming, simulate or just just JsonRPC. Looking.
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Kicked off the @ETHGlobal Agentic hackathon this week and it's incredible to see dozens of teams building with our SDK. β€οΈ. Lots of contributions / improvements as well this week, including Ollama support + multi-model (image) inference. As always, getting started is just
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In a world where projects run on a pre-TGE high, @LitProtocol has been building unbreakable infrastructure behind the scenes for many many years. Excited to see @davidlsneider & team build critical infrastructure for agents in the years to come!.
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The agent SDK is one of the most used products at the hackathon! . Very cool to also see contributions from the community. β₯οΈ.
This week has been WILD! π Mind blown by the innovation at Agentic Ethereum by @ETHGlobal! π Absolutely insane seeing what's being built on @Covalent_HQ AI Agent SDK! π€ . Crazy ideas and contribution going on.
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Come join @Covalent_HQ and @0xCapx X spacew this Friday at 830am Pacific to talk about Zero-Employee Enterprises and AI agents!.
AI Agents, Zero-Employee Companies, and the Rise of Single-Person Billion-Dollar Companies. Multicoin's recent blog echoes our thesis of a fundamental shift in the relationship between humans and AI agents. the core idea? .> AI is moving from being just an assistant to becoming.
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Better how?. Solidity has:.- tons of ecosystem support like compilers and libraries.- dead simple to learn.- mature security auditors and best practices.- body of work for LLMs to train. The adoption divide between the two is actually increasing.
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GM. I'm at the #Avalanche Summit in Barcelona and really loving it. Great energy / good vibes. Speaking on subnets today. Crunched some numbers with @Covalent_HQ and found 2m unique wallets have paid gas on the C-chain so far. π₯π₯π₯. Incredible traction - congrats all.
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1/ GM. Four years at @Covalent_HQ and it feels like we are just getting started. Here's a quick rundown closing out 2021 on how we are building the best indexing solution in the space and how the Unified API is tracking. Thread πͺοΈβ¬οΈβ¬οΈβ¬οΈ.
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At the start of every new year, one question haunts me:. Do we at @Covalent_HQ keep betting on the EVM or actively expand into the non-EVM ecosystem? . This isn't about tech; it's about focus and not wasting resources. Let's be honest: the EVM is the undisputed king. It powers.
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One of my favorite people - expect some hardcore data related questions.
AI FRONTIERS EP.2: COVALENT X KITE AI ποΈ. Join us as we chat with @ChiZhangData, Co-founder & CEO of @GoKiteAI, about the projectβs vision, the future of AI, and more. π
Jan 24 8:30AM PST | 4:30PM UTC. Don't miss it! Set your reminders π.
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1/ β¨ Happy to share that @Covalent_HQ has secured an additional $2 million in new funding from some of the top players in the crypto space like @hashed_official, Binance Labs, Coinbase Ventures, @Delphi_Digital, @hypersphere_ and other ecosystem partners. Thread β¬οΈβ¬οΈβ¬οΈ.
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Been working on this partnership for a few months. You can now access .β
Token balances.β
Transaction histories.β
NFT assets & metadata.β
Event logs & traces. across 100+ blockchains directly from @googlecloud and combine this with Vertex AI and other products to build.
It's a beautiful day for Covalent to announce a NEW partnership with @GoogleCloud π. With @goldrushdev's blockchain data APIs now live on Google Cloud Marketplace, the future of AI agent-powered innovation is officially here!
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Join me hosting Nillion's co-founder @0xCrayon on AI + Data in 45 mins!.
ποΈ NEW X SPACES ALERT: AI FRONTIERS. Join us for an exclusive session with our frens at @nillionnetwork! Bring your questions and buckle up for an insightful discussion b/w @gane5h and Nillion's Co-Founder @0xCrayon!. π Mark your calendars - Jan 17, 8:30AM PST / 4:30β―PM UTC
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1/ Happy to unveil the biggest @UniswapProtocol data analysis competition with all kinds of prizes. π. There are different levels with differing levels of skill required βΒ are you ready to crunch some numbers?. Thread with details β¬οΈ.
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As we are charging into 2025 with the AI agentic economy, it's great to close out 2024 with @BinanceResearch's year end industry map which features @Covalent_HQ under the Infrastructure - Data Usability and Tooling vertical. Some additional thoughts:.- Covalent's data stack,
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1/ DeFi has a data availability gap that nobody is talking about. The data on Ethereum is public, yet getting data off them is hard. It's messy and time-consuming even for an engineer. Non-technical? π‘. Let's take a use-case of @MakerDAO with leveraged lending. A thread β¬οΈβ¬οΈβ¬οΈ.
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I don't often leak alpha, but some of the stuff we have planned for @Covalent_HQ Q1 is going to melt faces.
I donβt often leak alpha, but some of the stuff we have planned for @ether_fi Q1 is going to melt faces.
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This is a pretty big deal - $CXT is now listed on the biggest DEX on Base - @AerodromeFi . Took a few weeks to go through their approval process and get the additional pool incentives in place - but so far like their curated approach to asset listings as opposed to completely.
π¨ CXT has officially landed on @base and @AerodromeFi βοΈ. The $CXT/ $WETH pool is up and running with $300k TVL, with an initial boost of over 100% APR in $AERO incentives. This marks one step closer to advancing decentralized data accessibility through AI Agents.
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1/ I was curious about the early traction on @MoonbeamNetwork - 13 days since launch of the mainnet. Here are some numbers and charts that are relevant. π‘ I'll share the reasons for my curiosity further down this thread. β¬οΈβ¬οΈβ¬οΈ. $GLMR.
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An important update on @Covalent_HQ and CQT:. As of Friday, Apr 26, 2024, we have fully acquired all CQT tokens held by the FTX estate. Some context:. 1οΈβ£ As some of you might know, CQT was one of the assets trading on FTX, the exchange. After bankruptcy, the estate managing the
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My experience building with Solana, as someone from the Ethereum camp:. 1. Lack of distributed knowledge on the inner workings of Solana. 2. Lack of out of the box use-cases for learning. On EVM chains, I can copy-paste an AMM with all bells and whistles in less than 30min.
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1/ Today we are releasing the most anticipated feature at @Covalent_HQ β¬οΈβ¬οΈβ¬οΈ. βοΈ βοΈ. βοΈ @solana βοΈ. βοΈ βοΈ
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π’ New product announcement!. - Celestia deletes data after 30 days.- Eigenlayer deletes data after 2 weeks.- Near's DA announced yesterday deletes data after 2.5 days. Who's keeping data around long-term, without access gated through centralized players?. β¨ Excited to share our.
1/ π Introducing the Ethereum Wayback Machine (EWM). π . Today, the Covalent Network unveils the EWMβa groundbreaking solution ensuring sustained access to historical blockchain data. Explore why it matters and how it's shaping Ethereum's future! π.
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1/ Beyond excited to see the economic engine behind the @Covalent_HQ network launch today! π₯. This is the most ambitious and much anticipated launch of my professional career! ππ½. $CQT staking is live and anyone can now help secure the network!. π§΅Thread β¬οΈβ¬οΈβ¬οΈ.
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We refactored our decentralized network and $CXT related brand at @Covalent_HQ from our core developer API @goldrushdev. Distinct audiences, distinct promises, distinct value props. Double-digit monthly revenue growth from this change, so clearly it's working.
EVERYTIME I VISIT CRYPTO PROJECT WEBSITES, 10 TIMES OUT OF 10, I NEVER UNDERSTAND WHAT THE FUCK THE PRODUCT DOES. βONBOARDING BILLIONS,β βREVOLUTIONIZING DEFI,β AND ALL THIS SHIT. REVOLUTIONIZE MY ASS, BRO. MAKE THIS SHIT CLEARβJUST TELL ME WTF YOU DO.
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1/ My personal goal is to increase the data literacy of the world. Today, we are taking steps towards this goal. We are launching the world's biggest and baddest crypto-data competition. π. Are you ready?. THREAD β¬οΈ.
We are going on an adventure, and you're invited! β¨. Covalent is launching the competition with over $25,000 worth of rewards π₯. Challenges include writing content, creating art and even tinkering with data. Follow our Twitter and check the website . βοΈ
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1/ GM. Wednesdays are for shipping at @Covalent_HQ and today we are shipping APIs enabling a fresh new look at NFT markets. πΌοΈ. π₯½ A set of endpoints to drill into ππ πππππππ dollars worth of NFT transactions across 10 markets on 5 blockchains, with more being added.
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We are running as fast as possible towards our mission of bringing full transparency to blockchain data. πββοΈπ. Take a look at what we've been upto in the month of August β¬οΈβ¬οΈβ¬οΈ. #onebillionpossibilities.
π Howdy partners! . π£ Announcing one August Community Update hot off the press π₯. βοΈ Sit down, grab some coffee, and enjoy the highlight reel of what we accomplished together in August! πͺ.
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I've been using the 5F framework for a few years:. - fitness.- finances.- fun.- family.- faith. Don't recall where I read about it.
Setting quarterly targets for 2025 on health, wealth, and personal development. This is going to be the most fun and impactful year of my life so far, I can feel it.
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Wooooow! The @SushiSwap community is second to none! π£. Great @Covalent_HQ AMA this morning with 450 people showing up interested in the 2x rewards Onsen program. π€―. Thanks for having us! π
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1/ π₯³ It's been a looooong grind, but could not be more excited to see the Covalent Network go LIVE. Details on this thread β¬οΈβ¬οΈβ¬οΈ.
1/ Today, weβre excited to announce the launch of the @Covalent_HQ Network; the decentralized data infrastructure layer of Web 3.0. π. This launch will gradually move the platform beyond a centralized blockchain data API. π₯³.
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1/ How does $400,000 of profit per month from #DeFi sound to you? Skeptical?π€. That's what @dydxprotocol liquidators made in Sept 2019 by liquidating undercollateralized loans. Here's a 6-min π₯video of me demoing @Covalent_HQ to analysts βΒ . #defi.
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Kicking off the #Avalanche hackathon today!. Good luck to the hackers! We started @Covalent_HQ at a hackathon and the outcomes can be massive. LFG! π₯π₯π₯
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π Incredible to see so much organic interest in building with SQL. We just enabled @metabase over the @Covalent_HQ SQL database. π€. Do not bet against human ingenuity and curiosity. π. Join the @AlchemistDAO research guild to join the movement!.
Some SQL analytics for #OneMillionWallets contest SQL track. Done in 2h using #Metabase and @Covalent_HQ SQL dumps @AlchemistDAO, here I come!
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1/ Excited to unveil the next iteration of @Covalent_HQ's API docs!. The Web3 space has come a long way since we started Covalent a few years back and the current crop of tools IMHO no longer cut it. It was time for something fresh. Thread π§΅β¬οΈβ¬οΈβ¬οΈ.
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Bullish on:. 1οΈβ£Crypto attracting talent across borders and ages (case in point, @robogajesh). 2οΈβ£ @Covalent_HQ's Alchemist program positioned as a growth/leadership one, rather than liquidity mining or farming which simply attracts locusts. Thanks @eahonen for the story!βοΈ.
1/ We caught up with the youngest known solidity dev -- @robogajesh again. ππͺ. In conversation w/ @gane5h, where they talk about Gajesh's passion & drive to take web3 ahead + his motivation to be a part of the Alchemist Program. β‘οΈ via @CointelegraphZN.
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1/ I want to quickly share something amazing that happened in the @Covalent_HQ community when we released the new "XY=K" endpoints. First, a community member from @traderjoe_xyz reached out and wanted to build something with the API, but it wasn't supported. Thread β¬οΈβ¬οΈβ¬οΈ.
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1/ Today, we are excited to open-source the 100's of hours we've invested in DeFi user research. We spoke to the most engaged DeFi users to understand their immediate and urgent needs. π¦ΈββοΈπ§π©βπ¦βπ¦. We are also sharing the tools we've used for this research. A thread β¬οΈβ¬οΈβ¬οΈ.
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1/ It's no secret that I've been obsessed with π¦ @UniswapExchange β I've spent the last few weeks understanding the numbers behind what makes it work. Everything you want to know about its exchanges, liquidity providers and users below in a STORM πͺοΈ THREAD π.
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1/ Wednesdays are for shipping at @Covalent_HQ and today we are shipping a critical element of the decentralized Covalent Network - the Block Specimen. π· The decentralized Covalent Network is:. ββββββββββββββββββββ 25%. Thread β¬οΈβ¬οΈβ¬οΈ
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1/ It's no secret that I π hackathons. Woke up early today to take a look at @ETHGlobal's #NFTHack submissions. π€30 projects using the @Covalent_HQ API - the most we've ever seen at an event. Web2 β‘ Web3 talent flow is undeniable. Some of my favorite projects: β¬οΈβ¬οΈβ¬οΈ.
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Gov. proposals are the new form of BD.π‘. Case in point: Working with the @AstarNetwork community to get this proposal over the finish line IN PUBLIC. No more closed door deals. π. 1 Billion Possibilities!. Congrats to the @Covalent_HQ and @AstarNetwork communities! π.
.@Covalent_HQ's Builders Program application has been approved by the community members. Developers who use the Covalent API will be able to access all Class A endpoints to pull all on-chain dataπ¨βπ§π©βπ§.
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Welcome Kraken's @inkonchain to @Covalent_HQ! . The thesis:.- New users onboard onto CEXs.- Every CEX will have its own L2.- Users will offboard to a L2 for security, ease of use, & interop.- User activity creates onchain data.- More data β more novel experiences, agents and
Covalent π€ @inkonchain. The future of DeFi starts here: Covalent is now live on Ink mainnet. Built on the @SuperchainEco, it provides seamless access to multichain data to unlock new possibilities for decentralized innovation.
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Today, we announced a big partnership with Infura and other heavyweights to launch a decentralized RPC stack. π. You can read the press release for the high-level details, but let me give you my personal view on why I'm so excited for DIN and specifically Covalent's role with
π @Covalent_HQ is thrilled to collaborate with tech titans @Microsoft, @tencentcloud, and other leading protocols on the groundbreaking Decentralized Infrastructure Network (DIN). ππ».
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