The latest SubQuery Monthly Update is here again! Throughout the past month, the SubQuery team has been hard at work developing new features, enhancing existing tools, and extending our indexing support throughout the Web3 ecosystem. We have achieved a number of important milestones, including expanding our indexing support to Vara Network, Optimism, and NEAR Aurora and establishing successful partnerships with White Whale and EmpowerChain.
As always, we are breaking down our monthly update into three sections: Community, Core Product Development, and the SubQuery Network.
Gateway to Cosmos: SubQuery Takes Center Stage in Unleashing Data Indexing Potential
The SubQuery team embarked on an exciting journey to the Gateway to Cosmos Conference in Prague from 3rd to 5th June, hosted by RockawayX. We were one of the proud sponsors at the conference, and we held a jam-packed workshop about data indexing on Cosmos. Read here to find out more!
If you're going to be at one of these thrilling crypto conferences, make sure to seek out James and Marta to discover the transformative power of decentralized data indexing firsthand! Feel free to DM either Marta or James if you’d like to meet up.
Find the full list of the conferences we will be attending this July below:
Core Product Development
Improvements to multi-chain projects
We’re seeing a lot of interest in our multi-chain support, which allows you to index data from across different networks into the same database. This allows you to query a single endpoint to get data for all supported networks. For example, you could capture XCM transaction data from all Polkadot parachains or monitor IBC messages across Cosmos Zones in a single project, with a single database, and a single query endpoint.
Currently running a multichain project involves managing each chain instance separately and maintaining a manifest file for each chain - there was a lot of room for improvement to simplify this process. In partnership with Nova Wallet and OnFinality, we’ve made a number of changes to improve the developer experience here to build, run, and publish multi-chain projects.
We’ve introduced a parent manifest that keeps track of what networks a given project manages. A single yarn codegen and yarn build command will automatically build all projects and types in each chain or network that is covered at the same time. Additionally, we’re working on an improved user experience for our Managed Service that will allow customers to better manage these projects themselves.
Additional Performance Improvements with Parallelised Indexing
We’re continuing to extend our performance lead over the Graph with our innovations in parallelised indexing. Recently, we’ve cleaned up our code that manages endpoint selection to be smarter about how it distributes requests over multiple endpoints in order to speed up indexing. For example, it provides a chain agnostic way of rating endpoint quality based on latency and failed requests. It improves on retry logic to constantly swap between failed endpoints, and it improves logging so you can clearly see what is going wrong.
New GraphQL Query Constructor in Managed Service
We've added a GraphQL query constructor to the user interface of our Managed Service to help developers construct GraphQL queries with the click of a button. This powerful feature generates all possible queries using documentation and defined entities, streamlining the process and enhancing efficiency.
SubQuery Expanded Indexing Support to: Vara Network, Optimism, and NEAR Aurora
Developers on these chains benefit from a superior SubQuery indexing experience, including access to the open-source SDK, tools, documentation, and developer support that the SubQuery ecosystem provides. They are also supported in SubQuery’s enterprise level managed service, which provides enterprise level infrastructure hosting and handles millions of requests each day.
New partnerships: White Whale and EmpowerChain
EmpowerChain and White Whale are using SubQuery Projects to manage their own project and make updates as required. Many other leading teams take advantage of SubQuery’s enterprise-level hosting to receive dedicated databases, automated deployments, and geographic routing to multiple clusters around the world for performance and uptime.
“Utilising SubQuery allowed us to power our internal platforms and dashboards to show organisations selling credit as well as our front end customer facing marketplace. The integration was straightforward and their documentation was easy to understand. With ongoing support, we look forward to exploring the other features that the SubQuery SDK has to offer.” — Wilheml Myrer, CEO of EmpowerChain
Kepler App Relies on SubQuery’s Decentralized Kepler Network
This June we also announced a big milestone in SubQuery's journey, the core SubQuery Kepler Website app that Indexers, Delegators, and Consumers use to access and engage with Kepler is powered by SubQuery's own Kepler network. This achievement highlights the seamless integration of our innovative technology into complex and largescale practical applications.
The SubQuery Kepler App sources its data from decentralized SubQuery indexers, paying for it in kSQT, the native token of the Kepler network, to fuel the Kepler dashboard. This synergy between our powerful indexing capabilities and the Kepler network showcases the effectiveness and reliability of our tools, and the decentralised network that it runs on.
This milestone demonstrates our dedication to delivering state-of-the-art tools and platforms that work in the real world for easy data access and exploration. The SubQuery Kepler App sets a precedent for future integrations, showcasing the immense potential of our technology in empowering advanced data-driven applications.
Kepler Swap: We Added 25,000 kSQT Liquidity to the Pool
Last month marked an exciting milestone for our project as we launched Kepler Swap, a powerful tool that enables users to exchange their kSQT tokens to USDC and vice versa.
While we anticipated Indexers to start swapping their rewards to pay for infrastructure, we were surprised to find that very few had done so. It appears that Indexers and Delegators had restaked all their rewards, resulting in a lack of kSQT tokens in the swap pool.
To address this situation we gave everyone an opportunity to acquire kSQT tokens on 9am Thursday 8th June (UTC), with a one-off deposit of 25,000 kSQT into the swap pool. We can happily report that this allocation of kSQT was consumed and swapped in only three minutes!
Other things you might have missed
- Read our Choosing the Right Data Indexer for NEAR: A Detailed Comparison article
- We held a Twitter space about indexing on Evmos
- We held a workshop about indexing data on Gear protocol with Vara Network
- And a workshop about indexing on Cosmos
- Check out our latest Kepler Network stats!
SubQuery is a blockchain developer toolkit facilitating the construction of Web3 applications of the future. A SubQuery project is a complete API to organise and query data from Layer-1 chains. Currently servicing Ethereum, Polygon, BNB, NEAR, Polkadot, Avalanche, Algorand, Arbitrum, Cosmos and Flare projects, this data-as-a-service allows developers to focus on their core use case and front-end without wasting time building a custom backend for data processing activities. In the future, the SubQuery Network intends to replicate this scalable and reliable solution in a completely decentralised manner.