Price Data
Analysis
Trade
Arbitrum-one: 0x1337...8ab1
Fully Diluted Valuation
$55M
Circulating Supply
1.282B (95.9%)
ICO Price
$0.094Performance since ICO
| Currency | USD | BTC | ETH |
|---|
| ROI | -54% | -72% | -46% |
Subsquid Network is an innovative decentralized data lake and query engine designed to offer developers performant and permissionless access to data, aiming to build a neutral and open internet rooted in Web3 principles. Secured by ZK proofs, the Subsquid network boasts a modular architecture that enables exceptional scalability and developer convenience optimized for blockchain indexing, dApp development, and analytics.
Subsquid is a response to unscalable and rigid monolithic indexing frameworks that had previously gained popularity and market traction among Web3 developers. Today, these frameworks are struggling to adapt in a rapidly evolving blockchain environment. Additionally, the network serves as a highly efficient and decentralized alternative to centralized infrastructure firms, including large RPC and API providers.