PARSIQ launches groundbreaking real-time and historical Blockchain computing solution, Tsunami API

PARSIQ launches industry-leading blockchain and web3 data API that originally supports Ethereum, Polygon, BNB Smart Chain and Avalanche

TALLINN, ESTONIA / ACCESSWIRE / July 18, 2022 / PARSIQ, a SaaS blockchain infrastructure, has launched the Tsunami API; the first product on the ambitious roadmap that will establish the PARSIQ network as the best data and infrastructure solution for Web3 applications.

Tsunami API is the core API of the PARSIQ Network. Tsunami gives Web3 dApps and protocols access to the full range of data on a given blockchain. By delivering raw data – both real-time and historical – protocols and dApps can track all kinds of events, calculations or statistics they need, such as TVL, liquidity, current and historical token prices, user balances and more.

One aspect that sets Tsunami API apart from the competition is its blazing query speeds that are capable of querying over 33 billion blockchain events in less than 1 second. The Tsunami API will be free for teams to use and test until they reach an API call volume threshold.

The PARSIQ team has spent the last 6 weeks in Alpha testing running intensive data queries for over 30 other project teams.

«At FLUIDEFI, we have been looking for a faster and easier way to get accurate BNB Smart Chain data. PARSIQ’s Tsunami API exceeded our expectations. In our first tests, our team was able to extract event data from various PancakeSwap DEX ROIs in an easier way than subtracting them directly from the blockchain and found it just as accurate. “

Louis Sirico, COO / CTO FLUIDEFI

“The Tsunami API experience / performance has been great for every blockchain it supports. If you track contract event data, this is a solid alternative.”

Beefy Finance

Following the launch of the Tsunami API, the PARSIQ team will also support protocol-specific data with their Data Lakes. These will be specialized and tailored lakes, dedicated to each decentralized app or DeFi protocol.

Data Lakes will expand the Tsunami API tool by offering more options for searching for data. For example, a developer may need specific data related to, for example, Uniswap or AAVE. Supported by PARSIQ Data Lakes, all historical data and real-time data related to these protocols will be even more readily available.

Speaking of the launch of the Tsunami API, PARSIQ CEO Tom Tirman said:

“The PARSIQ Network roadmap and product package was the result of many years of learning from our customers, partners and the wider industry – this is a solution to critical issues that arose from various Web3 projects. It has been rewarding to see this come to fruition with Tsunami API The feedback from our Alpha testers has been a testament to and support for the PARSIQ Network vision.We have also seen great interest in Data Lakes.Not only will they be beneficial to the protocols themselves, but they will also open up worlds of data “for third-party users, who will eventually define a new standard for the industry. We are very excited that these products will be officially launched on the market, but for PARSIQ and our customers, this is just the beginning …”

To find out more about the Tsunami API, Data Lakes and the entire PARSIQ Network roadmap, go to parsiq.net.

About PARSIQ

PARSIQ is a complete data network for building the backend of all Web3 dApps and protocols. The Tsunami API provides blockchain protocols and their clients (e.g., protocol-oriented dApps) with real-time data and historical data query capabilities.

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SOURCE: PARSIQ network

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