PARSIQ’s Tsunami API Launches on Avalanche

The Tsunami API Launches on Avalanche to Bring Instant Web3 Data to Avalanche’s Ecosystem of Developers, dApps, and Protocols

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PARSIQ

3 min readJul 21, 2022

PARSIQ has launched its new flagship Tsunami API on the Avalanche blockchain. PARSIQ now enables platforms using the Avalanche blockchain to access all of its data instantly, providing immediate feedback and efficient building solutions, and allowing for important monitoring solutions.

Avalanche is well known for its blazing fast speeds. With the Tsunami API, PARSIQ provides a Web3 data solution to match.

No longer will it take hours or days to access and collect data, and no longer will it take weeks to restructure that data. With PARSIQ, the process is nearly instantaneous. Accessing the data for all of Avalanche’s 16 million blocks — involving storage of nearly 2TB, with more than 175 million TXs, over 637 million calls and over 658 million events — has never been as fast and efficient as it is with the Tsunami API!

PARSIQ + Avalanche

PARSIQ’s Tsunami API is now live on Avalanche. We are particularly excited about this integration, as it marks the beginning of PARSIQ’s collaboration with Avalanche and presence on their blockchain.

Avalanche has seen massive growth and an increase in popularity over the last two years. Given its speed and affordability, this comes as no surprise! We are proud of the integration, as it will further prove the integrity and long-term value of both Avalanche and PARSIQ.

The Tsunami API is the core API created by the PARSIQ Network. With this integration, PARSIQprovides Avalanche’s entire ecosystem of developers, dApps, and protocols access to the full spectrum of data on Avalanche. The Tsunami API provides users with raw data from the entire history of a chain. It also provides the ability to apply filtration mechanisms, allowing for the querying of the whole of the blockchain history, for example, by sender, receiver, contracts it interacted with by topic, etc. Providing raw data — both real-time and historical — enables platforms to track any kind of events, metrics, or statistics they desire, such as TVL, liquidity, current and historical token prices, APR, APY, ROI, user balances, and more.

Speed has always been a challenge for projects needing to make calls on historical data, revise and update their metrics, analyze the relation of past events, etc. As developers will know, this data can often take a long time to process — from several hours, even to days!

The Tsunami API is an exception in this regard: PARSIQ has made it possible for over 33 billion events to be processed in under 1 second!

PARSIQ’s Future on Avalanche

PARSIQ’s plans with Avalanche and the Tsunami API do not end here. As PARSIQ expands, so too will the scope of utility our products provide to users in the Avalanche ecosystem. For example, in addition to providing instant raw data, in the future the Tsunami API will provide a higher level of functionality, providing data in an aggregate way.

PARSIQ is also preparing the launch of our Data Lakes and Data Hubs, which will provide Avalanche’s developers, dApps, and protocols with custom-tailored solutions for all their data needs. To read more about what the Tsunami API, as well as Data Lakes and Data Hubs, offers to Avalanche’s users click here.

Interested in using PARSIQ’s Tsunami API? Contact us!

About Avalanche

Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality, and has the most validators securing its activity of any proof-of-stake protocol. Avalanche is blazingly fast, low cost, and green. Any smart contract-enabled application can outperform its competition by deploying on Avalanche. Don’t believe it? Try Avalanche today.

About PARSIQ

PARSIQ is a full-suite data network for building the backend of all Web3 dApps & protocols. The Tsunami API, which will ship in July 2022, will provide blockchain protocols and their clients (e.g. protocol-oriented dApps) with real-time data and historical data querying abilities.