Chainstack Launches Subgraphs for Blockchain Data Indexing
Chainstack, a web3 infrastructure company, has introduced Subgraphs, a blockchain data indexing tool that aims to deliver real-time on-chain data access for various applications, including crypto projects, wallets, exchanges, NFT, and gaming platforms. This indexer extracts and organizes data from a blockchain’s transaction history and makes it easily searchable and accessible to developers.
Support for 13 Major Blockchains
At launch, Chainstack Subgraphs supports 13 major blockchains, including Ethereum, Polygon, BNB Chain, Avalanche, Optimism, Arbitrum, Near, Aurora, Fantom, Gnosis, Harmony, and Cronos. This indexing solution aims to simplify the extraction and processing of data from archive nodes on Ethereum and other blockchains, enabling developers to query real-time on-chain data with fast syncs.
Competition with Existing Indexing Solutions
Chainstack’s Subgraphs aims to compete with existing indexing solutions such as The Graph, Covalent, and Dune Analytics. It complements Chainstack’s existing multi-chain node and data APIs offering, as well as other tools for building applications across popular blockchains and web3 protocols.
Simplifying On-Chain Data Access
By providing a single access point for data across all supported protocols with Subgraphs, Chainstack aims to help teams begin using the indexer through a hosted service. With this approach, developers can focus on building applications without worrying about the complexities of extracting, indexing, and maintaining the data themselves. “We are excited to launch the Chainstack Subgraphs and maximize the value of our platform, providing web3 developers and businesses with a simple and reliable way to access on-chain data,” said Eugene Aseev, founder and chief technology officer at Chainstack.
Benefits of Chainstack’s Subgraphs Tool
Some of the benefits of Chainstack’s Subgraphs tool include:
- Real-time on-chain data access for various blockchain applications
- Support for 13 major blockchains
- Competitive with existing indexing solutions
- Simplifies on-chain data access for developers
- Single access point for data across all supported protocols
- Hosted service for easy integration with applications
Conclusion
Chainstack’s Subgraphs tool is an innovative solution for blockchain data indexing that aims to provide real-time on-chain data access to developers. With support for 13 major blockchains, it aims to simplify the extraction and processing of data from archive nodes on Ethereum and other blockchains. The tool complements Chainstack’s existing multi-chain node and data APIs offering, as well as other tools for building applications across popular blockchains and web3 protocols. Developers can now easily access on-chain data and focus on building applications without worrying about data complexities.