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Covalent partners With Movement Labs’ MEVM ZK L2 on Ethereum, M2 

Press Releases
Covalent partners With Movement Labs’ MEVM ZK L2 on Ethereum, M2 

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Covalent (CQT), a multichain indexer with +225 chains integrated and over 240 million wallets enriched by Covalent data in web3, is partnering with Movement Labs’ M2. 

Covalent partners With Movement Labs' MEVM ZK L2 on Ethereum, M2  - 1

M2, as the inaugural Move-EVM (MEVM) ZK rollup layer-2 (L2) on Ethereum, is a crucial component within the Movement network, known for its modular-based blockchains. This strategic partnership signifies the integration of cutting-edge, real-time data indexing and deployment tools, including Covalent’s Unified API and GoldRush Kit, into the dynamic Movement ecosystem. 

This infusion of powerful tools is poised to redefine data accessibility for builders within M2 and the Open Framework for Modular Move.

Central to this partnership is Covalent’s Unified API, a purpose-built tool designed for seamless access to real-time and historical blockchain data, which also makes the CQT API useful as a key structured data supply tool for AI in Web3. 

Serving as a gateway, it empowers Movement Labs’ M2 with diverse capabilities, including standardized human-readable transactions, swift data retrieval, and scalable infrastructure. 

The GoldRush Kit, another integral facet of this collaboration, provides a rich and user-friendly interface for accessing and visualizing historical blockchain data within the Movement Labs ecosystem. This tool enhances the overall user experience and facilitates a comprehensive and easily interpretable exploration of historical data on M2.

David Tso, growth & customer success lead at Covalent, said:

“M2 is a ZK Move-based Ethereum rollup that natively brings a next-generation smart contract language to the EVM. We’re proud to support Movement Labs’ mission to spread the Move language everywhere to prevent reentrancy attacks and unlock parallel processing.”

Movement Labs M2 presents a groundbreaking step in blockchain technology, combining speed, security, and efficiency. With the launch of the first Move Virtual Machine layer-2 for Ethereum, M2 is set to unlock new possibilities and enhance the blockchain landscape. By propelling Ethereum expansion with a versatile design, scalability at negligible costs, and built-in formal code verification, the M2 rollup mainnet manifests Movement Labs’ ethos around accessibility, security, and performance-boosting standardization.

This strategic partnership positions Covalent as a catalyst for propelling Movement’s growth, allowing the platform to fully leverage the wealth of historical blockchain data for heightened security and scalability. 

Together, Movement Labs and Covalent are primed to foster more comprehensive interoperability and ensure sustained tool accessibility in the evolving landscape of Web3.

About Covalent

Covalent powers the data layer in blockchain, enabling millions of users to build the new economy. It stands out for its deep commitment to democratizing blockchain data availability. Since its inception, Covalent has been helping developers, analysts, and enthusiasts with comprehensive, real-time data across over 200 blockchains. Learn how Covalent is building the Ethereum Wayback Machine.

For more information, check out Covalent via Official Website | X | Discord | Telegram | Blog | API Guides

About Movement Labs 

Movement Labs is creating tools and infrastructure to enhance the security and efficiency of distributed networks. With a focus on smart contract safety and the scalability of blockchain technology, Movement Labs is dedicated to advancing novel use cases in decentralized economies thanks to the security and performance of the Move Programming Language. Movement’s Open Protocols are designed to empower developers and users alike, fostering a more secure and accessible blockchain environment.

Follow Movement on X, Join their Discord and Telegram

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