Chainstack, the leading suite of services connecting developers with Web3 infrastructure, has announced the launch of the DeFi API, its solution to streamline access to real-time decentralized finance data. Chainstack’s DeFi API enables seamless access to real-time data from every major decentralized finance protocol, including Uniswap, Lido, Avee, Compound, PancakeSwap, SushiSwap, and many others. 

With the DeFi API, users can build comprehensive dashboards by utilizing the data from decentralized exchanges and finance protocols. Traders can enhance their portfolio management and strategies by getting instant access to every trading transaction across major DEX platforms, tracking token value, yield rankings, and more. Analysts can use the API to research market conditions across the DeFi industry and streamline their data research using just one tool. Security researchers can easily track and analyze address activities. 

The DeFi API eliminates the need for developers to write custom indexers, manage databases, pay for archival node requests, or handle chain reorganizations. Instead, developers can access a simple, ready-to-use API through GraphQL. The DeFi API is built on top of the Chainstack’s Subgraphs, a blockchain data indexing solution that abstracts complex backend infrastructure and engineering, necessary to extract and process data from archive nodes, to reliably deliver real-time on-chain data. 

“Our new DeFi API significantly simplifies access to all relevant data across the decentralized finance industry,” said Eugene Aseev, Founder and CTO of Chainstack. “We continue to work on providing a broader audience with the opportunity to harness the full potential of the technology and leverage blockchain data by making it more accessible and usable for everyone.” 

Chainstack offers fast, reliable, and easy-to-use infrastructure solutions distributed globally, and enables thousands of companies to cut down the time to market, costs, and risks associated with creating and scaling decentralized applications. Chainstack is trusted by Polygon, 1inch, TheGraph, Chainlink, Trust Wallet, and others, and currently supports a fast-growing community of over 100,000 developers.

About Chainstack

Chainstack is the leading suite of services connecting developers with Web3 infrastructure.  Chainstack offers fast, reliable, and easy-to-use infrastructure solutions distributed globally and enables thousands of companies to cut down the time to market, costs, and risks associated with creating and scaling decentralized applications. Chainstack provides unified access to multi-chain node and data APIs, distributed compute and storage, identity management and security testing, and the ever-expanding list of services and tools to build amazing applications across all prominent Web3 protocols. Chainstack’s enterprise-grade platform has intuitive developer experience, battle-tested reliability, predictable pricing, and outstanding customer support. Chainstack is trusted by Polygon, 1inch, TheGraph, Chainlink, Trust Wallet, and others and currently supports a fast-growing community of over 100,000 developers. For more information, please visit https://chainstack.com/   

This press release was originally published on this site

You May Also Like

FirstBatch Tackles $450 Billion Avoidable User Churn with AI and Zero-Knowledge Proofs, Revolutionizing Users’ Personalization Experience

FirstBatch, specializing in artificial intelligence and zero-knowledge proofs is building a self-sovereign…

Ajna Is Back On Summer.fi with Token Rewards

Summer.fi is thrilled to share the relaunch of Ajna protocol after the series of reaudits…

NETMARBLE LAUNCHES ITS NEW METAVERSE BOARD GAME META WORLD: MY CITY – AVAILABLE NOW

NETMARBLE LAUNCHES ITS NEW METAVERSE BOARD GAME  META WORLD: MY CITY – AVAILABLE…

Hydranet Launches Layer 3 DEX: A Game Changer for Trustless Cross-Chain Trading

Berlin, Germany, September 25th, 2023, Chainwire   Hydranet, known for its expertise…

ZETA, A Cross Chain Solution, Will Be Listed on CoinW Exchange

CoinW, the world’s pioneering cryptocurrency trading platform, has listed ZETA, a public blockchain…

ValueZone’s CEO Pledges to Lead in Cutting-Edge Quantitative Trading for Enhanced Passive Income

 At a recent financial technology conference, the CEO of ValueZone, Adam Carl Waldman,…

Introducing FlappyPedro: Play-2-Win Game from the $PEDRO Creators, Alongside the Pre-Sale Launch!

Get ready for double the excitement as The Real Pedro Dancing Racoon…

Forxl Markets: Driving Innovation to Open a New Chapter in Global Financial Trading

In the increasingly complex and competitive global financial market, Forxl Markets has…

Helium Cloud ‘’A new 5G Ecosystem‘’ Coming Soon

HCE CTO Dr. Jonathan Scott said at a global conference:I am very…

FOMO ALERT: HyperDoge Is Dogecoin On Steroids!

We all know the power of meme coins, with 2021 being the…