Subsquid

Subsquid PriceSQD

C$0.038345
C$-0.0000020189397157457825-0.052018-0.01%

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Subsquid Price Today

Current SQD/CAD real-time price is C$0.038345, with a 24-hour change rate of -0.01% and a 7-day change rate of -16.35%. SQD currently ranks #508 globally by market cap, with a total market cap of C$42.672622M, a fully diluted valuation (FDV) of C$50.315371M, and a 24-hour trading volume of C$3.052368M. In terms of supply, SQD has a maximum supply of 1.34B, a current circulating supply of 1.13B, with 84.82% already in circulation and 15.18% remaining to be unlocked.

About Subsquid

What is Subsquid (SQD)?

Subsquid (SQD) is a decentralized data network that provides fast, permissionless access to blockchain information. It is designed to help developers and AI applications query data across hundreds of networks, serving as a neutral data lake and query engine for Web3. The network aggregates and structures on-chain data from over 200 blockchains—including Ethereum, Solana, and Polkadot—into a single, queryable source. Its modular architecture uses zero-knowledge proofs for security and a batch-processing model for high-speed, cost-effective data indexing. The SQD utility token powers network staking and rewards. In October 2025, Subsquid was acquired by Rezolve AI, combining blockchain data with AI and payment rails. The project is transitioning from proof-of-concept stages toward production-grade releases focused on scalability and developer experience.

Key Specifications & Tokenomics

  • Name: Subsquid
  • Ticker: SQD
  • Category: Decentralized Data Infrastructure / Blockchain Indexing
  • Consensus Mechanism: Information not publicly specified in available references
  • Smart Contracts: Information not publicly specified in available references
  • Max Supply: Information not publicly specified in available references
  • Core Technology: Modular architecture with zero-knowledge proofs and batch data extraction
  • Supported Networks: 200+ blockchains including Ethereum, Solana, and Polkadot
  • Key Partners: Deutsche Telekom operates nodes on the network
  • Corporate Status: Acquired by Rezolve AI in October 2025

Who created Subsquid?

Detailed public information about the founding team and individual creators of Subsquid is currently limited in the available references. What is known is that the project originated as an open-source initiative, with its codebase hosted on GitHub. The project has since evolved into a decentralized data network. In October 2025, Subsquid was acquired by Rezolve AI, a company focused on AI and payment technologies. This acquisition integrated Subsquid into a broader ecosystem combining blockchain data with AI and payment rails. The development team continues to work on the network's roadmap, focusing on scalability, multi-chain support, and decentralization. Further details about the original founding members are not publicly specified in the provided materials.

How does Subsquid work?

Subsquid operates as a decentralized data lake specifically designed for blockchain data. At its core, the system consists of indexing nodes that continuously monitor supported blockchain networks, extracting and processing block data, transactions, and smart contract events. These nodes transform raw blockchain data into structured formats optimized for querying. The architecture employs a modular design where different components handle data ingestion, storage, and query processing separately, allowing each layer to scale independently based on demand. Data ingestion modules connect to blockchain RPC endpoints, subscribing to new blocks and historical data. Processing modules apply user-defined transformations and filters, extracting relevant information based on specific application requirements. Storage utilizes distributed databases that maintain indexed data across multiple nodes, ensuring redundancy and availability. The query layer provides APIs that developers integrate into their applications, abstracting away the complexity of direct blockchain interactions. The system is secured with zero-knowledge proofs, which verify data integrity without revealing underlying information. This combination allows for exceptional scalability and cost efficiency.

What makes Subsquid unique and valuable?

Several characteristics differentiate Subsquid from alternative solutions. First, the platform emphasizes cost efficiency, processing blockchain data at a fraction of the expense associated with traditional indexing services. This affordability makes blockchain data access viable for smaller projects and individual developers who might otherwise be priced out. Second, Subsquid supports custom data transformations at the indexing level, allowing developers to define precisely what data they need and how it should be structured. Rather than indexing entire blockchains and filtering later, this approach reduces storage requirements and query latency by processing data at ingestion time. Third, the architecture is designed for multi-chain support from the ground up. Unlike solutions built for single chains and later adapted for others, Subsquid's abstractions handle different blockchain architectures through pluggable adapters. Fourth, performance optimization represents another key differentiator, with the system capable of processing thousands of blocks per second while maintaining query response times measured in milliseconds. This performance enables real-time applications like trading interfaces and live dashboards. Finally, the integration with Rezolve AI opens possibilities for incorporating artificial intelligence capabilities into blockchain data analysis, positioning Subsquid beyond simple data indexing into more value-added services.

What is Subsquid used for?

The SQD utility token powers network staking and rewards, serving as the economic backbone of the Subsquid ecosystem. Beyond the token, Subsquid's infrastructure is used across multiple industries. In decentralized finance (DeFi), it provides the reliable data feeds necessary for protocols like PancakeSwap. DeFi protocols require constant access to price feeds, liquidity pool data, trading volumes, and user positions across multiple chains. Subsquid enables DeFi dashboards, analytics platforms, and automated trading bots to aggregate this data efficiently. For NFT marketplaces and platforms, Subsquid can index ownership records, transaction histories, metadata, and rarity attributes across various NFT collections. This powers features like portfolio tracking, market analysis, and provenance verification. For gaming and GameFi, it enables complex in-game asset tracking, player inventories, and achievement systems without maintaining separate databases. Its ability to handle large datasets also makes it valuable for AI training and analytics, and for bringing transparency to supply chains. Enterprise clients can integrate Subsquid to monitor smart contract execution, audit blockchain transactions, and generate compliance reports.

How Is the Subsquid ecosystem developing?

Subsquid's development trajectory reflects a deliberate progression from experimental technology to production-ready infrastructure. The project is transitioning from proof-of-concept stages toward detailed product releases focused on scalability and developer experience. Short-term goals centre on enhancing network performance and expanding blockchain coverage. Subsquid is working to optimize its indexing engine to handle higher throughput while reducing query latency. Multi-chain expansion remains a critical focus, with efforts to support additional EVM-compatible chains, Layer 2 solutions, and potentially non-EVM networks. The development team is also prioritizing developer tooling improvements, including better documentation, SDK enhancements, and simplified deployment processes. Network decentralization represents another key milestone, as Subsquid works toward distributing indexing responsibilities across a broader node operator base. Major partners like Deutsche Telekom operate nodes on the network, underscoring its enterprise-grade potential. The integration with Rezolve AI opens possibilities for incorporating artificial intelligence capabilities into blockchain data analysis. Future developments may include machine learning models that identify patterns in on-chain behaviour, predictive analytics for DeFi protocols, or automated anomaly detection for security applications.

How to mine Subsquid?

Subsquid does not use traditional proof-of-work mining. Instead, the network operates through a decentralized node operator system. Participants can operate indexing nodes that continuously monitor supported blockchain networks, extracting and processing block data, transactions, and smart contract events. These operators are rewarded through the SQD utility token, which powers network staking and rewards. The network is working toward distributing indexing responsibilities across a broader node operator base, implementing incentive mechanisms that reward operators for maintaining data availability and query performance. To participate, node operators typically need to stake SQD tokens and run the appropriate infrastructure to support the network's data indexing and query processing functions. Specific hardware requirements and staking parameters are not publicly specified in the available references. As the network progresses toward full decentralization, additional opportunities for participation and reward may emerge.

How to keep your Subsquid Coin safe?

Keeping your SQD tokens safe requires adherence to established cryptocurrency security best practices. First, use hardware wallets for long-term storage of significant holdings, as these devices keep private keys offline and protected from online threats. Second, for active trading or network participation, consider using reputable software wallets that support the network where SQD operates. Third, always verify the authenticity of any wallet software or browser extensions before installation, and avoid clicking on suspicious links claiming to offer SQD rewards or airdrops. Fourth, enable two-factor authentication on any exchange accounts used to trade SQD, and use strong, unique passwords. Fifth, never share your private keys or seed phrases with anyone, and store backups in secure, offline locations. Sixth, be cautious of phishing attempts that mimic official Subsquid communications, and always verify information through official channels. Finally, consider diversifying storage methods, keeping only what you need for active use in hot wallets and the remainder in cold storage.

How to buy Subsquid Coin?

SQD may be listed on select exchanges. For a secure and liquid trading experience, using a major regulated platform like BTCC is recommended.

Register a BTCC Account: Sign up using your email or mobile number and complete the KYC verification to unlock more features and benefits of the platform.

Deposit Funds: Deposit fiat currency (via bank transfer, card, or third-party payment) or transfer USDT from an external wallet into your BTCC account.

Start Trading: Go to the trading page and search for the spot trading pair SQD/USDT or the perpetual contract SQDUSDT.

Place an Order: Enter the amount of SQD you wish to purchase and submit the order. For contract trading, you can also choose to go short (sell) and adjust the leverage multiplier according to your strategy and risk tolerance.

Confirm Your Purchase: For spot purchases, check your personal account to see if the coins have arrived. For contract trades, check the trading page to see if your order was filled successfully.

How to Buy and Use Subsquid

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsSubsquid is instantly credited to your BTCC account, ready for trading at any time.

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Subsquid FAQs

What is the live price, market cap, and 24h volume of Subsquid (SQD)?

As of right now, the live price of Subsquid (SQD) is C$0.038345. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated SQD to USD rate at the top of BTCC’s price page. In terms of market scope, Subsquid records a 24h trading volume of C$3.052368M (reflecting total buying and selling activity over the last 24 hours), with a total market cap of C$42.672622M. Its current circulating supply stands at 1.13B out of a maximum supply cap of 1.34B.

Why does the price of Subsquid (SQD) fluctuate, and what drives its volatility?

The price volatility of Subsquid (SQD) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Bank of Canada or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (1.13B) to max supply (1.34B), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.

What are the all-time high (ATH) and all-time low (ATL) for Subsquid (SQD)?

Looking at its historical price performance, Subsquid (SQD) hit an all-time high (ATH) of C$0.400888 on 2025-06-11 18:00, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at C$0.032004 on 2024-11-16 10:15. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.

How to read the Subsquid (SQD) price chart for futures trading?

When trading SQD futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (C$3.052368M), as price breakouts accompanied by strong volume offer higher reliability.

How to profit from Subsquid (SQD) price drops? (Short Selling Guide)

Unlike spot trading where you can only profit from rising prices, BTCC’s SQDUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Subsquid, simply log into your BTCC account with USDT margin available, navigate to the SQDUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.

Can I trade Subsquid (SQD) perpetual futures with high leverage on BTCC?

Yes. BTCC offers flexible, high-tier leverage options for SQDUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.

How to practise Subsquid (SQD) futures trading with a free demo account?

Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: C$0.038345), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for SQDUSDT with zero financial risk.

Step-by-step guide: How to buy and trade Subsquid (SQD) on BTCC?

Trading Subsquid (SQD) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for SQDUSDT, and review its live price (C$0.038345) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.