Web3 Data
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What Is Subsquid (SQD)? An In-Depth Look at Its Decentralized Data Infrastructure and Token Use Cases
Subsquid is a decentralized data infrastructure network and query engine that provides Web3 developers with fast, permissionless access to blockchain data. Its native token, SQD, is issued on Ethereum and bridged to Arbitrum; it is used for staking to access data, incentivizing node operators, participating in governance, and sharing network revenue.Subsquid supports data queries across more than 200 blockchain networks and delivers high scalability and data integrity through a modular architecture and zero-knowledge proofs. Recently, the project underwent a strategic transformation and formed partnerships with organizations such as Deutsche Telekom, with the goal of becoming an institutional-grade on-chain data provider.
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What Is Subsquid (SQD)? An In-Depth Look at Its Decentralized Data Infrastructure and Token Use Cases
Subsquid is a decentralized data infrastructure network and query engine that provides Web3 developers with fast, permissionless access to blockchain data. Its native token, SQD, is issued on Ethereum and bridged to Arbitrum; it is used for staking to access data, incentivizing node operators, participating in governance, and sharing network revenue.Subsquid supports data queries across more than 200 blockchain networks and delivers high scalability and data integrity through a modular architecture and zero-knowledge proofs. Recently, the project underwent a strategic transformation and formed partnerships with organizations such as Deutsche Telekom, with the goal of becoming an institutional-grade on-chain data provider.
Web3 Data
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