SubQuery Partnership With Octopus Network

Published on: 29.06.2022
SubQuery Partnership With Octopus Network

SubQuery partnership with Octopus Network, a multichain crypto network for launching and running Web3.0 application-specific blockchains — ‘appchains’.

Any Substrate-based chain can apply to become an appchain in the Octopus Network and Octopus Network’s Explorer will serve the first 100 appchains in their ecosystem. A strong and reliable data backbone was crucial to power this explorer which is why Octopus Network called upon SubQuery.

Octopus Network is the youngest multichain Substrate network. On a mission to become the largest by supporting 1000 parachain-capable candidates as appchains. The team at Octopus are confident in SubQuery’s ability to provide mission critical data & grow alongside them as they continue to scale.

Octopus Network are using SubQuery Projects to manage their own project and make updates as required. They 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.

About Octopus Network

The Octopus Network is a multichain cryptonetwork for launching and running Web3.0 application-specific blockchains — appchains. Appchains in the Octopus Network benefit from flexible and cost-effective leased security (LPoS), out-of-the-box multichain interoperability, complete infrastructure, and a ready-to-be-engaged community. The core of the Octopus Network is the Octopus Relay. A set of smart contracts running on the NEAR blockchain, aka mainchain, that implements the security leasing market.

Website Twitter |

About SubQuery

SubQuery is the Universal data indexing 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 Polkadot, Substrate, Avalanche, Terra, and Cosmos (starting with Juno) projects. This data-as-a-service allows developers to focus on their core use case & 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.

Website Twitter |

Source

Market Stats:
BTC Dominance: 59.21%(-0.54%/24h)
ETH Dominance: 11.24%(0.00%/24h)
Defi Market Cap: $0B(+57.37%/24h)
Total Market Cap: $2617.27B(+3.37%/24h)
Total Trading Volume 24h: $188.19B(+36.76%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $1067.62B
Altcoin Volume 24h: $114.99B
Total Cryptocurrencies: 39306
Active Cryptocurrencies: 8037
Active Market Pairs: 111370
Active Exchanges: 970
Total Exchanges: 12698
BTC: 77161.66$(-1.38%/1H)
ETH: 2439.82$(-2.83%/1H)
AVAX: 7.66$(-5.67%/1H)
BNB: 695.06$(-2.87%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.23$(-6.83%/1H)
DOT: 0.95$(-5.2%/1H)
UNI: 4.07$(-7.61%/1H)
CAKE: 1.77$(-3.13%/1H)
SUSHI: 0.2$(-6.29%/1H)
ONE: 0$(-6.73%/1H)