Subsquid Network is an innovative distributed data lake and query engine built to offer developers performant and permissionless access to data, aiming to build a neutral and open internet rooted in Web3 principles. In practice, 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.
In practice, subsquid is a response to unscalable and rigid monolithic indexing frameworks that had previously gained popularity and market traction among Web3 developers. In practice, today, these frameworks are struggling to adapt in a rapidly evolving blockchain environment. Latest snapshot shows market cap near $42,079,519, 24h volume around $5,220,953, 24h change up 13.85%. DexBrief is currently monitoring a live market route on Arbitrum via Pancakeswap. DexBrief is currently blending a single public market feed for this market snapshot.
Contract references point to Arbitrum as the primary asset platform. Project references place SQD on the Arbitrum network. Market data providers usually group SQD with Artificial Intelligence (AI), Big Data, and Analytics. Cross-chain contract listings currently include Arbitrum, Base, BNB Chain.