What is Subsquid (SQD)
Subsquid Network is the ZK-secured and hyper-scalable data access layer that powers your favorite dApp. In other words, it is an indexing protocol that provides the information blockchain applications need to deliver great user experiences.
Subsquid is available on MEXC, providing you with the convenience of purchasing, holding, transferring, and staking the token directly on our platform. Whether you are a seasoned investor or a newcomer to the world of cryptocurrencies, MEXC offers a user-friendly interface and a variety of tools to manage your Subsquid investments effectively. For more detailed information about this token, we invite you to visit our digital asset introduction page.
Additionally, you can:
- Check SQD staking availabilityto see how you can earn rewards on your holdings.
- Read reviews and analytics about Subsquid on our blog to stay informed about the latest market trends and expert insights.
Our comprehensive resources are designed to make your Subsquid buying experience smooth and informed, ensuring you have all the tools and knowledge needed to invest confidently.
Subsquid Price Prediction
Cryptocurrency price predictions involve forecasting or speculating on the future values of cryptocurrencies. These forecasts aim to predict the potential future worth of specific cryptocurrencies, such as Subsquid, Bitcoin, or Ethereum. What will be the future price of SQD? How much will it be worth in 2026, 2027, 2028, and up to 2050? For detailed prediction information, please check out our Subsquid price prediction page.
Subsquid Price History
Tracing SQD's price trajectory provides valuable insights into its past performance and helps investors understand the factors influencing its value over time. Understanding these historical patterns can offer valuable context for assessing SQD's potential future trajectory. For detailed price history information, please check out our Subsquid price history page.
How to buy Subsquid (SQD)
Looking for how to buy Subsquid? The process is straightforward and hassle-free! You can easily purchase Subsquid on MEXC by following our step-by-step How to Buy guide. We provide you with detailed instructions and video tutorials, demonstrating how to sign up on MEXC and use the various convenient payment options available.
SQD to Local Currencies
Subsquid Resource
For a more in-depth understanding of Subsquid, consider exploring additional resources such as the whitepaper, official website, and other publications:
People Also Ask: Other Questions About Subsquid
Subsquid Network (SQD) is a decentralized data query engine designed to facilitate efficient access, retrieval, and analysis of on-chain data from over 100 Layer 1 and Layer 2 blockchain networks. It supports both Ethereum Virtual Machine (EVM)-compatible networks and Substrate ecosystem chains, offering a modular and flexible approach to indexing blockchain data.
Subsquid Network distinguishes itself from The Graph through several key advantages. Firstly, Subsquid has a modular design that allows for greater flexibility and customization compared to The Graph’s monolithic structure. Secondly, Subsquid supports real-time indexing for unfinalized blocks, which is crucial for applications requiring immediate data access. Thirdly, Subsquid Cloud enables web-based applications to access on-chain data using fiat currency, broadening its accessibility beyond the crypto community. Lastly, Subsquid supports a wider range of blockchain platforms, accessing data from over 100 networks, whereas The Graph supports fewer than 60.
Subsquid Network is powered by several main components. Data Providers are the Layer 1 and Layer 2 chains supplying on-chain data. Worker Nodes are peer-to-peer nodes that provide computing and storage resources, earning SQD tokens as rewards. Log Collectors gather data processing logs from worker nodes and store them on IPFS for six months. The Scheduler distributes data among worker nodes for optimal processing efficiency. The Reward Manager calculates the rewards for worker nodes based on their activity and SQD stake. Data Consumers are the entities accessing Subsquid’s data querying services, with their bandwidth determined by the number of SQD tokens they lock.
Subsquid Cloud is a cloud-based extension of the Subsquid ecosystem, allowing developers to deploy indexers via a multichain indexing cloud. It enables web-based applications to gain cost-efficient access to on-chain data, even allowing payments in fiat currency, which makes it more accessible to users outside the blockchain environment.
The Subsquid SDK is a development toolkit that helps developers create indexers for extracting, transforming, loading, and querying blockchain data in real-time. Based on Typescript, a language that builds on JavaScript with added static types, the SDK provides a modular framework that allows developers to customize their indexing projects with various plug-ins and data targets. The Subsquid SDK enables multichain data access, allowing developers to combine data from multiple networks for analytics or decentralized applications (DApps).
To become a worker node on Subsquid Network, individuals or organizations must provide computing and storage resources and stake 100,000 SQD tokens. By doing so, they can join the network and contribute to its querying and distributed storage capabilities.
The SQD token is the native cryptocurrency of Subsquid Network and serves several vital functions. It is used for governance, allowing token holders to vote on platform changes and proposals. It rewards worker nodes for contributing their processing and storage capacity to the network. Users can stake SQD tokens with worker nodes to support the network. Additionally, locking SQD tokens increases the bandwidth allocation for data consumers, enabling them to access more on-chain data at higher speeds.
Subsquid Network provides access to a diverse range of blockchain data, including raw event logs, transaction data, execution traces for some networks, and state diffs, which are changes or updates to the blockchain's data after new transactions are processed.
The live price of Subsquid (SQD) is 0.25686 USD.
The current market cap of Subsquid is $ 169.03M USD. It is calculated by multiplying the current supply of SQD by its real-time market price of 0.25686 USD.
The current circulating supply of Subsquid (SQD) is 658.05M USD.
As of 2025-05-09, the highest price of Subsquid (SQD) is 0.693 USD.
The 24-hour trading volume of Subsquid (SQD) is $ 1.19M USD. You can discover more tradable tokens on MEXC and check their 24-hour trading volume.
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