Blocknative provides real-time observability tools for public blockchain networks, utilizing gas prediction APIs and mempool data to enhance transaction monitoring and fee optimization. The platform addresses inefficiencies in transaction processing and gas estimation, enabling developers and users to make informed decisions in a rapidly evolving blockchain environment.
Funding
$34.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
FGRVFounders
Product
Problem
Inefficient transaction processing and unpredictable gas fees on public blockchain networks can lead to delays, increased costs, and uncertainty for both developers and users. The lack of real-time visibility into mempool data and gas estimation makes it difficult to optimize transaction strategies and build user-friendly applications.
Solution
Blocknative provides a real-time observability platform for public blockchain networks, offering tools for gas prediction, mempool data analysis, and transaction monitoring. Its gas estimation APIs deliver over 600 estimates per second, enabling users to optimize transaction fees and avoid delays. By providing comprehensive insights into transaction processing, Blocknative empowers developers to build more efficient and user-friendly dApps, while also helping users make informed decisions about gas fees and transaction timing. The platform supports both Layer 1 and Layer 2 networks.
Target Audience
The primary target audience includes Web3 developers building decentralized applications (dApps), as well as blockchain infrastructure providers and users seeking to optimize transaction performance and gas fees.
Features
- Real-time gas estimation APIs providing >600 estimates per second
- Comprehensive mempool data analysis for enhanced transaction monitoring
- Support for both Layer 1 and Layer 2 blockchain networks
- Open-source tooling for accurate gas fee estimation
- Wallet onboarding tools to streamline user experience
- Transaction Distribution Network
- Decoding API