SubQuery launches beta indexing solution on Cosmos ecosystem, Juno

Rick Steves

Following the launch on the Polkadot and Avalanche ecosystems…

SubQuery has announced its latest iteration of multi-chain connectivity with the addition of support for the Cosmos ecosystem, starting with Juno.

Juno and other CosmWasm developers are now able to access the beta indexing solution that includes the open-source SDK, tools, documentation, developer support, as well as SubQuery’s Grants Programme.

Juno – a decentralised, public, and permissionless layer 1 for cross-chain smart contracts built on Cosmos – is accommodated by SubQuery’s managed service, which provides enterprise-level infrastructure hosting and handles over 400 million requests each day.

SubQuery is a blockchain developer toolkit facilitating the construction of Web3 applications of the future, with each project being a complete API to organise and query data from Layer-1 chains.

Currently servicing Polkadot, Substrate, Avalanche, Terra, and Cosmos (starting with Juno) 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.

SubQuery saves developers time and effort

Jake Hartnell, founder of Cosmos chain, Stargaze, said: “We were elated to learn that SubQuery was expanding their invaluable data indexing services over to Juno. Our shared mission is to provide new teams with an environment to scale without hindrance and we know that SubQuery saves developers time and effort, allowing them to accelerate even faster.”

Sam Zou, Founder and Chief Executive Officer of SubQuery, added: “SubQuery is a fundamental piece of web3 infrastructure and we are delighted to support the explosive growth occurring in Cosmos and its native layers. We can’t wait to see how teams in the Juno ecosystem leverage SubQuery’s leading-edge indexing technology to build fast and feature-rich dApps.”

SubQuery is a decentralised data indexing infrastructure that allows developers to easily and quickly build applications on multiple layer-1 blockchains and index chains with the assistance of dictionaries (pre-computed indices). Its tools were engineered for multi-chain applications and eliminate the need for custom data processing servers.

The data indexing solution has already been established on Polkadot to serve hundreds of millions of queries daily for projects like Moonbeam and Acala.

The Cosmos ecosystem also aligns with SubQuery’s focus on networks that are also designed with a multi-chain outlook. While beginning with Juno, the product will eventually work with any CosmWasm-based chain, including Cronos, OKExChain, Osmosis, Secret Network, Stargaze, and Injective.

In a few months, the SubQuery Network will alow Juno applications to decentralise their infrastructure completely as the network will index and serve project data to the global community in an incentivised and verifiable manner.

Read this next

Chainwire

BloFin Sponsors TOKEN2049 Dubai and Celebrates the SideEvent: WhalesNight AfterParty 2024

Platinum Spotlight: BloFin dazzles as the top sponsor of TOKEN2049 Dubai, elevating its status with the electrifying WhalesNight AfterParty 2024. Celebrate blockchain innovation and join the night where industry leaders and pioneers connect.

Institutional FX

Eddid helps HK crypto platforms with Bitcoin and Ether ETFs

The brokerage firm will help SFC-licensed virtual asset trading platforms with Bitcoin and Ether ETFs in Hong Kong.

Digital Assets

Cboe can save up to $15 million by closing crypto exchange

“Refocusing our digital asset business enables us to refine our strategy, leveraging our core strengths in derivatives, technology excellence and product innovation to help maximize opportunities for our business and deliver efficiencies for Cboe and our clients.”

Fintech

Sumsub adopts Europe’s new KYC standards for crypto

“Businesses are facing a rising regulatory tide where properly preparing for compliance is crucial. There is now a simple choice, whether to implement solutions that can deliver this, or instead risk significant financial and reputational damages.”

Chainwire

Bybit Web3 Launches Industry’s First Bitcoin Layer 2 Airdrop Campaign, Paving the Way for a New Bitcoin Era

Bybit, one of the world’s top three crypto exchanges by volume, is excited to announce that Bybit Web3 is launching the industry’s first Bitcoin Layer 2 Airdrop campaign through its Airdrop Arcade.

Retail FX

Vantage observes results of US$100,000 donation to UNHCR

Vantage’s US$100,000 donation has helped approximately 788 refugees, internally displaced persons (IDPs), and returnees in 2023 alone.

Executive Moves

Tradition hires Michel Everaert to integrate data science and AI

“I am excited about the potential this offers, and look forward to building relationships and working with teams across the global business.”

Retail FX

IBKR extends US Treasury bond trading to 22 hours per day

US Treasury bonds are highly sought after by investors seeking stability and security in their portfolios as these instruments are often considered one of the safest investment options. 

Market News

Navigating Yen Depreciation and Euro Resilience in Global Markets

Amidst the persistent depreciation of the Japanese yen against the US dollar, pressure mounts on Japanese policymakers to translate their verbal assurances into tangible actions.

<