Price for today
0,056 USD 1,82%
0,00000000 BTC 1,82%
Name: Subsquid
Symbol: SQD
Circulating supply: 0 $
Max supply: 0 $
Price: 0,055755 $
Volume 24h: 110085 $
Market Cap: 0 $
Percent change 24h: 1,8 %
SQD powers Subsquid, a novel decentralized platform aiming to reshape Web3 data access. Unlike traditional blockchain indexers, Subsquid employs a flexible, scalable architecture backed by zero-knowledge proofs. This approach targets the bottlenecks often encountered in blockchain data retrieval and analysis.
The token's utility spans network governance, resource management, and operator incentivization. SQD's distinctive feature lies in its curation mechanism, where holders can delegate tokens to preferred node operators, fostering a community-driven reliability system. Subsquid's vision of a decentralized data lake represents an ambitious leap in blockchain infrastructure. As the project unfolds, its ability to meet the evolving demands of Web3 developers while maintaining decentralization principles will be pivotal in determining its place in the crypto ecosystem.
Subsquid is quite popular token among merchants, ordinary users and investors who purchase it for long-term gain. Correspondinglyholders can use SQD for day-by-day payments, exchange and stake.
As of the 18.12.2024, 1 SQD can be bought for 0.05575500. Check out our SQD price chart to see how its value has changed recently.
Subsquid cryptocurrency can be bought on one of the many trustworthy exchanges such as Godex. When choosing an exchange to obtain SQD, always pay attention to its reputation.
There are a few places and ways to keep SQD. To keep a large amount of coins, hardware-type wallets such as Ledger and Trezor are appropriate. If you want to use SQD for trading or paying everyday expenses, then a hot wallet (mobile or desktop) would be the right option. When choosing a wallet, pay attention to its protective features and serviceability.
