Subsquid (SQD)

Subsquid is a decentralized data lake protocol that serves as the core of Web3’s new tech stack. This is the fastest, easiest, and by far the cheapest way for developers to build powerful consumer-facing dApps using blockchain data.

Seed Round: $3.8 Million

Testnet: https://coinlist.co/subsquid-testnet

Whitepaper

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Interest lvl

Medium

Updated: Jan 19, 2024

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User Rating

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5/5 • 4 votes

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Ticker

SQD

Type

Utility-token

Token standard

ERC-20

Registration countrySwitzerland

Registration year2021

Office addressGrafenaustrasse, Zug, 6302, CH

Launchpads

Coinlist

Ecosystems

Cosmos Solana

What is Subsquid

Subsquid is the team behind squids, a new standard for Web3 data extraction and transformation. Build your better indexer that syncs at thousands of blocks per second and that enables you to make advanced aggregations of on-chain and off-chain data.

Subsquid is a data network designed for the future of Web3: rapidly and cost-efficiently retrieve blockchain data from 100+ chains using Subsquid’s decentralized data lake and open-source SDK to build billion-user dApps.

• Infinitely scalable modular architecture: Subsquid is the only data network that emphasizes a modular approach to indexer development. Developers retrieve data from the decentralized data lake using Squid SDK, a Subgraph, or their preferred framework, utilizing the most appropriate infrastructure for their project.
• Flexibility for next-gen use cases: Subsquid’s extremely permissive open-source indexing tools allow developers to customize their data sources and targets whilst applying their own custom logic.
• "Spotify" for Web3 data: The Subsquid Network’s economic model is designed to gradually bring data costs for Web3 developers to zero.