SUBSQUID (SQD) Staking

About Subsquid (SQD)

Subsquid, now rebranded as SQD, is a decentralized data lake and query engine designed to provide developers with efficient, permissionless access to blockchain data across various networks, including EVM, Solana, and Substrate-based chains. By offering a modular indexing framework, SQD enables rapid data retrieval and processing, facilitating the development of high-performance decentralized applications (dApps) and analytics platforms.

What Makes SQD Special?

SQD introduces several innovative features that set it apart in the blockchain data landscape:

• Decentralized Data Lake: SQD Network ingests and stores petabytes of raw blockchain data, unlocking indexing and data access at unprecedented speed, scale, and cost efficiency. This architecture allows for rapid data retrieval, with a single indexer request equating to up to 100,000 RPC requests, significantly enhancing developer productivity.
• Modular Indexing Framework: The Squid SDK offers a modular toolkit for high-performance blockchain indexing, enabling developers to build customized data pipelines tailored to their specific needs. This flexibility supports a wide range of applications, from DeFi platforms to gaming and AI integrations.
• Cross-Chain Support: With integration across over 150 networks, including EVM, Solana, and Substrate-based chains, SQD provides comprehensive data access, facilitating the development of multichain applications and services.
• Scalability and Performance: The network's horizontal scalability ensures that as more nodes join, the capacity for end-users and indexers to access data increases, maintaining high performance even as data demands grow. Additionally, the absence of egress fees reduces costs, making data access more affordable for developers.
• Community and Ecosystem: SQD fosters a vibrant community of developers and contributors, with over 60,000 indexers deployed by more than 17,000 developers. The platform's open-source nature encourages collaboration and innovation, driving the evolution of decentralized data access solutions.