Synternet announced May 1st that Injective’s data streams are available on the Data Layer. Recognized as a Layer 1 blockchain for DeFi, Injective's integration provides real-time, low-latency data crucial for professional market makers and dApp developers.
Injective’s blockchain data is available thanks to our trusted testnet validator Stakin, who is providing their enterprise-grade infrastructure and technical expertise to facilitate the publication of Injective's data streams, including subsets such as .mempool and .proposed-block, on the Data Layer Portal.
Starting May 1, anyone can subscribe to Injective’s .mempool and .proposed-block data streams. This valuable visibility enables market makers and DeFi builders to access live data for more timely market analysis and to develop more precise, responsive applications, such as trading bots and DEXes.
HOW MARKET MAKERS CAN UTILIZE REAL-TIME DATA
With Injective’s data streams accessible via the Data Layer, professional market makers gain crucial real-time insights into proposed-block and mempool activities. Visibility of a proposed block is only possible with real-time, low-latency data streams, unlike alternative solutions such as RPCs or APIs. These streams upgrade visibility within the DeFi sector, enabling more predictive and informed decisions.
On top of that, this integration allows market makers to accurately anticipate market movements and execute trades with reduced latency, securing a significant competitive advantage. The immediacy of Injective’s data streams can power advanced trading bots that adapt to market changes in real time.
Leveraging .mempool and .proposed-block data streams, market makers can fine-tune their strategies to override subtle market inefficiencies, improving profitability and responsiveness. This capability ensures they remain ahead, with instant access to critical transaction data and market trends.
START BUILDING WITH INJECTIVE’S DATA STREAMS
The integration of Injective's real-time data streams with Synternet's Data Layer represents a strategic partnership within the Cosmos ecosystem with Injective and Stakin being two of the most notable contributors to the ecosystem. Since Synternet announced its transition to Cosmos, the support from other Cosmos ecosystem builders has been extraordinary. This collaboration only builds up our anticipation for Synternet's blockchain debut on Cosmos in Q2 2024.
In the meantime, we invite all professional market makers, traders, and developers building dApps and trading bots to explore the benefits of subscribing to Injective’s data streams. By doing so, you’ll gain real-time intelligence for investing, market predictions, and more.
Ready to start building? Subscribe to the Injective data streams today on the Synternet’s Data Layer Portal and start shaping the future of DeFi.
About Injective
Injective’s mission is to create a truly free and inclusive financial system through decentralization. With the fastest blockchain built for finance, and plug-and-play Web3 modules, Injective’s ecosystem is reshaping a broken financial system with dApps that are highly interoperable, scalable and truly decentralized.
To learn more about Injective, visit the official website, Twitter, Discord or blog.
About Stakin
Stakin is an ISO 27001-certified, enterprise-grade infrastructure operator and staking services provider for Proof-of-Stake public blockchains. Stakin offers non-custodial delegation services across more than 40 blockchain networks with ~$2bm in Assets under Delegation (AuD).
To learn more about Stakin, visit the official website or X.
About Synternet
Synternet is a blockchain that powers modular, interoperable data infrastructure across all major chains. At its core lies the Data Layer, a protocol serving as the customizable execution layer between blockchains. Its AEAs (Autonomous Economic Agents) empower developers to build composable, use-case-specific applications that can execute on any data from any chain.
To learn more about Synternet, visit the official website, X, Telegram, Discord or blog.
