Announcement
Michael Calvey
November 15, 2022

Now indexing: Polygon

We’re excited to announce that Transpose is going multi-chain with today’s Polygon launch. This is an important step towards fulfilling our vision of providing standardized, real-time data across all the major chains. Let’s take a look at what this launch means for the future of Transpose.

Standardized protocol data

Our mission from the start has been to provide production-level access to standardized, interpreted protocol data. This lets developers focus on building, and not indexing or data cleaning. What’s so special about protocol data?

Most high-signal activity data on the blockchain exists at the protocol layer. This covers things like NFT sales, DEX swaps, bridge activity, liquidity & lending data, and much more. We consider contracts that interact with or manipulate assets to be protocols. Our main focus at Transpose is indexing and standardizing this data layer.

Up till now, getting this critical data has been impossible without lots of heavy manual work. It was previously split across many different standards and schemas and wasn’t well aligned with the underlying asset data (balances & raw transfer activity). Transpose is on a mission to change this and make getting this data simple regardless of the end use case.

Multi-chain

Our approach of comprehensively decoding high-level data becomes exponentially more valuable with multi-chain support. Standardized data has been hard to come by even on a single chain in the past - standardizing cross-chain lets us make a leap in the web3 developer experience. Suddenly as a developer, you no longer need deep chain-specific domain expertise when approaching new chains or dev environments.

Today, we’re launching support for Polygon. We’ve got a packed roadmap of additional updates ahead of us in the next couple of months - we’ll be adding support for all the major EVM chains by the end of the year and rapidly moving on from there.

How are people using Transpose today?

Easy access to high-level data makes it easy to tackle tricky data challenges that haven’t previously been possible. Today, Transpose is enabling teams across verticals to accomplish more with fewer resources and time spent. Let’s look at a few use cases this standardized data aims to serve:

  • Competitive intelligence: running a blockchain-based project or community? Do your diligence and understand the competitive landscape in depth.
  • User segmentation: learn about the users of your project and understand what factors contribute to high retention & high-value users. This applies whether you’re building a game or consumer financial protocol.
  • ML pipelines: ingest cleaned, high-level data in bulk that is in the perfect format for rapidly standing up an ML pipeline.
  • Compliance and tax: quickly and easily get the full story surrounding any wallet or protocol. Track funds cross-chain and understand comprehensive money flow information.
  • Token gating: read ownership data (current & historical) with millisecond latency to power responsive business logic and UX.

Many builders will now immediately be able to bring all they’ve built on Transpose into a cross-chain environment, all with minimal added effort. This is just a peek at what the future holds for us as we expand to better address these use cases and more in a truly chain-agnostic way.

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