Covalent has announced the launch of SpeedRun today, a first-of-its-kind platform introducing Prompt-to-Earn: the ability for anyone to turn a simple idea into a live, tokenized onchain application in seconds.
The launch comes at a pivotal moment. Traditional career paths no longer deliver the same promise: degrees no longer guarantee jobs, entry-level roles are being eroded under AI, and housing and debt have become structural barriers to opportunity. For millions of young people, the career ladder is broken, but a new pathway is opening.
SpeedRun offers a new loop: Prompt. Ship. Earn.
Instead of resumes or interviews, builders can type a prompt, ship an app, and begin earning. Powered by Covalent’s GoldRush ultra-fast data and integrated smart contract tooling, SpeedRun enables anyone — from creators and meme builders to full-stack developers — to deploy composable onchain apps instantly. Future versions of the platform will distribute rewards in $CXT as usage flows through their creations.
A New Era of App Creation
With SpeedRun, apps are the new content. Builders can launch quadratic voting systems, Farcaster frames, auction contracts, whale-tracking dashboards, meme leaderboards, and more — all with one-click deployment. Every app surfaces on a discovery board where others can use, remix, and re-ship it into new revenue streams. Every action — publishing, remixing, or driving usage — earns leaderboard XP and, soon, $CXT rewards. Attribution is tracked onchain so builders get credit and remixers capture flow.
A Platform Built for the New Onchain Economy
Unlike existing “vibe coding” platforms that stop at creation, SpeedRun pushes apps directly into the open market. There’s no gatekeeping, no infrastructure burden, and no Solidity required. Every build taps into verifiable onchain data from 150+ blockchains indexed by Covalent, ensuring scale and legitimacy from day one.
“SpeedRun is the first platform designed for a content-driven, onchain world,” said Ganesh Swami, Co-founder and CEO of Covalent. “It’s programmable income for a generation that’s been boxed out of traditional systems.”
Become a SpeedRun OG
Covalent is opening applications for the first wave of SpeedRun OGs — an exclusive cohort of early builders, remixers, and deployers who will help shape the foundation of the SpeedRun ecosystem. This group will create the initial set of app templates that will drive a community-led approach to onchain, vibe-coded applications.
OGs will receive the following
- Early access and OG badges
- XP bonuses and $CXT rewards
- Weekly office hours with the Covalent’s team
- Featured placement in the discovery engine
Applications for SpeedRun OGs are now open here, with general access beginning October 1, 2025. Builders, creators, and innovators are invited to sign up and take part in shaping the first wave of apps that will define this new onchain marketplace.
About Covalent
Covalent is an integrated data platform that indexes structured, verifiable, and sub-second blockchain data across 150+ networks, supporting over 2 million API calls daily. Its high-performance, reliable APIs provide Web3 developers with fast access to onchain data for AI, analytics, and application building. As demand for scalable, verifiable onchain data grows, Covalent is the foundational data infrastructure for next-generation blockchain and AI-native applications.
