We Are Listing SQD ($SQD)
Tothemoon_Exchange2 min read·Just now--
We are excited to announce that we are listing $SQD on Tothemoon.
What is SQD?
SQD, formerly known as Subsquid, is a decentralized blockchain data access and query network built to help developers, applications, and data-driven services retrieve large volumes of on-chain data more efficiently. The SQD ecosystem centers on SQD Network, which serves as a decentralized query engine and a horizontally scalable data lake for batch queries.
The network currently serves historical blockchain data from a wide range of supported chains and is designed to provide more granular and cost-efficient access than conventional node-based RPC infrastructure. The broader SQD ecosystem is designed for blockchain indexing, analytics, custom APIs, and data pipelines that require reliable access to structured historical on-chain information.
In this way, SQD positions itself as infrastructure for applications that depend on scalable Web3 data access rather than as a consumer-facing protocol alone.
What is $SQD?
$SQD is the native ERC-20 protocol token of the SQD Network ecosystem. $SQD is used to support and secure network operations in a permissionless way. Its utility includes rewarding node operators who contribute storage and computation resources, enabling the delegation and curation of network participants, increasing data consumption rate limits through token locking, and participating in governance of protocol changes and proposals.SQD token contracts are deployed across multiple networks, including Arbitrum, Ethereum, Base, and BNB Chain, with Arbitrum used in most network operations. This multi-chain setup is intended to support access to network resources and reward settlement across the ecosystem.
SQD Tokenomics
Circulating Supply: 1,047,975,205
Total Supply: 1,337,000,000
Max Supply: 1,337,000,000
