Grand Cayman, Cayman Islands, March 5th, 2024, Chainwire
Grand Cayman, Cayman Islands, March 5th, 2024, Chainwire
Sui, the lightning fast, infinitely horizontally scalable layer 1 blockchain that has quickly become a leading destination for DeFi activity, has been announced by data platform ZettaBlock as one of the protocols chosen to be a foundational integration partner at the launch of its groundbreaking Web3 data platform. At the launch of ZettaBlock’s open beta, builders and developers will have seamless access to rich, high-quality data across more than 12 blockchains and 500 popular Web3 datasets, including Sui.
Established in 2022, ZettaBlock represents a major advancement in Web3 data handling. ZettaBlock’s full-stack, institutional-grade, unified platform provides rich on-chain data, both historical and real time, and allows users to bring their crucial, private data sources to the platform. Importantly, ZettaBlock eliminates the need for developers to deal with multiple data vendors, presenting them instead with a singular, scalable and adaptable data platform. Further, ZettaBlock’s platform is easy to use, offering a comprehensive library of pre-built APIs which encompass the most common use cases to allow developers to build quickly, while simultaneously enabling them to easily craft custom APIs based on any business or dApp logic via SQL generating one click ready GraphQL endpoints with no infrastructure overhead.
In its short history, ZettaBlock’s robust data solutions have already powered the likes of Crypto.com, Chainlink, Forta and Artemis Analytics. On the partner side, in addition to Sui, ZettaBlock’s open beta offers seamless access to data generated by Web3 networks such as Polygon, Stellar, and zkSync.
The platform that ZettaBlock has engineered powers interoperability that is fundamental to enhancing and growing ecosystems and pushing the boundaries of Web3 use cases. Through its early-stage partnership with ZettaBlock, Sui fills an essential role in breaking down barriers for developers who seek to innovate and expand beyond the current limitations of DeFi. In particular, ZettaBlock empowers developers by eliminating data and infrastructure challenges and enabling them to focus on innovating and building the next generation of Web3 apps. With the aid of innovations such as Sui’s zkLogin and zkSend, the integration of ZettaBlock’s technology will speed adoption from web2 and spur the ongoing growth of the burgeoning Sui ecosystem.
The announcement of Sui’s inclusion as a provider in ZettaBlock’s open beta comes after a number of key achievements in Sui’s own DeFi ecosystem. In January, Sui broke into the top ten of all chains by TVL and in the last month, according to Wormhole data, the network received over $310M in assets moving from Ethereum to Sui — more than every other blockchain combined.
“Being chosen as a founding member of the ZettaBlock platform is a powerful testament to how positively Sui and its ecosystem are viewed in the broader Web3 landscape,” said Greg Siourounis, Managing Director of the Sui Foundation. “Sui is pleased to be a part of ZettaBlock’s commendable efforts to remove the silos that separate Web3 ecosystems and to help strengthen our ability to advance the technology to solve real world use cases.”
With today’s open beta launch, ZettaBlock is now available for builders, analysts, and businesses across the web2 and Web3 landscapes.
“We are excited to partner with Sui, a leading Layer 1 in the industry with impressive underlying technology and proven reliability,” said ZettaBlock Co-Founder and CEO, Chi Zhang. “The success of ZettaBlock is built around partnerships with the most active blockchain ecosystems and protocols and we are integrating Sui as a foundational partner to make it extremely simple for developers to access that burgeoning ecosystem.”
Sui Foundation
media@sui.io
A cryptocurrency wallet is a digital tool that allows users to store and manage their cryptocurrencies, enabling them to send, receive, and track their digital assets.
Decentralized finance (DeFi) refers to financial services that use smart contracts on blockchains, allowing users to lend, borrow, and trade without traditional intermediaries.
An API, or Application Programming Interface, is a set of protocols that allows different software applications to communicate and share data, enabling developers to integrate various services.
A data platform is an integrated solution that allows organizations to collect, store, manage, and analyze data from various sources to derive insights and support decision-making.
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