PARSIQ launches industry-leading blockchain and Web3 data API, initially supporting Ethereum, Polygon, BNB Chain, and Avalanche.
The Tsunami API has been released by PARSIQ, a blockchain infrastructure SaaS. This API is the first offering on the PARSIQ Network’s grandiose roadmap, which will position the PARSIQ Network as the data and infrastructure solution of choice for Web3 apps. The PARSIQ Network’s fundamental API is the Tsunami API. Tsunami grants Web3 dApps as well as protocols accessibility to the entirety of the data on a specific blockchain. The provision of raw data, both in real-time and historically, makes it possible for protocols and decentralized applications (dApps) to monitor any kind of events, metrics, or statistics that they require, including TVL, liquidity, current and historical token values, user balances, and more.
Louis Sirico, COO/CTO FLUIDEFI, said:
“At FLUIDEFI, we’ve been looking for a faster and easier way of obtaining accurate BNB chain data. PARSIQ’s Tsunami API surpassed our expectations. In our initial tests, our team was able to pull event data from different PancakeSwap DEX yield farming contracts more simply than pulling it directly from the blockchain and found it just as accurate.”
Lightning-Fast Querying Speeds For Blockchain Events
One characteristic that distinguishes Tsunami API from its contemporaries is its lightning-fast querying rates, which can query over 33 billion blockchain events in less than one second. The Tsunami API will be available to teams to use and test at no cost, but only until those teams meet a certain volume of API calls.
The PARSIQ team has spent the past six weeks in Alpha testing, during which time they have been responsible for conducting heavy data queries on behalf of over thirty different project teams. The Tsunami API has provided a fantastic user experience and has performed exceptionally well across the board for all of the blockchains that it supports. This is a solid alternative if you need to monitor contract event data.
After the Tsunami API is released to the public, the PARSIQ team will expand the functionality of their Data Lakes to include support for protocol-specific data. These will be specific lakes that have been tuned to each individual decentralized app or DeFi protocol, and they will be designed to be completely unique.
Easily Accessible Historical & Real-Time Data
The Tsunami API tool will be expanded thanks to Data Lakes, which will provide additional querying choices. If we take Uniswap or AAVE as an example, a developer might require particular data relating to either of these. With the assistance of PARSIQ Data Lakes, all of the historical and real-time data associated with these protocols will be more readily available.
This is a solution to significant difficulties that were coming from a variety of Web3 initiatives, and the PARSIQ Network roadmap and product suite were the culmination of years of learning from its clients, partners, and the wider industry. The feedback that the PARSIQ Network’s Alpha Testers have provided has been a tribute to and affirmation of the goal of the PARSIQ Network.
The Data Lakes have also generated significant attention on the PARSIQ Network. They will not only be helpful for the protocols themselves, but they will also simply open realms of data for consumers of third-party applications, which will eventually lead to the establishment of a new industry norm.
Streamlined Blockchain Solutions
PARSIQ is a comprehensive data network that can be used to build the backend of any and all Web3 decentralized applications and protocols. The Tsunami API enables blockchain protocols as well as their consumers (such as protocol-centric dApps) to access real-time and historical data. The network is thrilled that these products are finally available to the public, but for PARSIQ and its customers, this is just the beginning of a long and fruitful engagement.
Visit parsiq.net for more information on the Tsunami API, Data Lakes, and the complete PARSIQ Network road map.
