The startup offers a blockchain infrastructure platform that enables users to extract, transform, and query data efficiently, facilitating rapid data processing and integration across various ecosystems. By providing a robust framework for data management, the platform addresses the challenges of data accessibility and interoperability in a rapidly evolving digital landscape.
Funding
$13.2M 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.
Founders
Product
Problem
Decentralized application (dApp) developers face challenges in efficiently accessing and querying on-chain data, often relying on centralized or inefficient indexing solutions. This can lead to slow data retrieval, increased latency, and a dependency on potentially unreliable third-party services.
Solution
SubQuery provides an open-source data indexing framework designed to enable fast, flexible, and reliable data access for Web3 applications. The platform offers a software development kit (SDK) that allows developers to build custom APIs for their dApps, indexing data from over 289 supported networks. By utilizing SubQuery's decentralized network, dApp developers can decentralize their infrastructure stack, improving performance and reliability. The SubQuery Network also provides decentralized Remote Procedure Calls (RPCs) powered by the SubQuery Data Node, optimized for querying rather than validation, further enhancing data retrieval speeds.
Target Audience
The primary target audience includes Web3 developers building decentralized applications (dApps) across various blockchain networks, particularly those seeking faster, more reliable, and decentralized data indexing solutions.
Features
- Open-source SDK for building custom GraphQL APIs tailored to specific dApp data needs
- Decentralized network of node operators providing indexed data and RPC services
- Support for over 289 blockchain networks, including Ethereum, Polkadot, Cosmos, and Algorand
- Compatibility with Subgraphs, facilitating migration from The Graph
- Optimized SubQuery Data Node for faster query performance compared to standard RPC endpoints
- Tools for running indexers locally using Docker or NodeJS
- Integration with a consumer rewards program, incentivizing network usage with SQT tokens
- AI Apps framework for building decentralized AI applications