Subsquid, the decentralized data lake and query infrastructure network backed by $17.5M from Polychain Capital, has surpassed record query volume milestones, processing billions of verifiable data calls across more than 150 EVM, Substrate, and Solana blockchains.
Traditional Web3 applications have historically struggled with the high latency and exorbitant infrastructure costs of querying archive nodes via centralized JSON-RPCs. Subsquid resolves this bottleneck by extracting, compressing, and distributing raw block state into a decentralized network of peer-to-peer worker nodes, allowing analytical queries to execute with sub-second latency at a fraction of standard cost.
Following the activation of native $SQD network staking, token holders delegating stake to active worker nodes are receiving daily network reward emissions, fueling decentralization across enterprise analytics and AI training pipelines.
