SQD SQD

Subsquid Network is an innovative decentralized data lake and query engine designed to offer developers performant and permissionless access to data, aiming to build a neutral and open internet rooted in Web3 principles. Secured by ZK proofs, the Subsquid network boasts a modular architecture that enables exceptional scalability and developer convenience optimized for blockchain indexing, dApp development, and analytics.

Subsquid is a response to unscalable and rigid monolithic indexing frameworks that had previously gained popularity and market traction among Web3 developers. Today, these frameworks are struggling to adapt in a rapidly evolving blockchain environment. Additionally, the network serves as a highly efficient and decentralized alternative to centralized infrastructure firms, including large RPC and API providers.

SQD price analysis

At the time of writing, SQD (SQD) trades at $0.038832, with a 24-hour trading volume of $2.51M and a total market capitalization of $42.24M. The asset is currently ranked #547 among all tracked cryptocurrencies by market cap.

Over the last 24 hours, the SQD price has dropped +7.67%. On the seven-day chart, SQD has retraced +2.28%, under sustained selling pressure in both timeframes. Short-term price swings are often amplified by liquidity conditions, news flow, and derivatives positioning, so traders should confirm signals across multiple indicators before acting.

SQD's all-time high of $0.284777 was set on June 11, 2025. The current market price is +86.36% below that historical peak. Distance from the all-time high is a common reference point when evaluating long-term recoveries and identifying macro support or resistance levels.

How to buy SQD

Buying SQD (SQD) is straightforward once you know which exchange to use and which trading pair offers the best liquidity. The steps below describe the typical flow used by most investors today.

1. Choose a reputable exchange. Pick a platform that lists SQD with deep liquidity, transparent fees, and strong security practices. Our top-rated exchanges guide compares the leading venues side-by-side.
2. Create and verify your account.Complete the exchange's KYC process — most platforms require a government-issued ID and a short identity check. Verification is usually a one-time step that takes just a few minutes.
3. Deposit funds. Fund your account with fiat currency via bank transfer, card, or a stablecoin like USDT or USDC. Stablecoin deposits typically offer the fastest settlement and lowest fees.