On December 25, SolanaFM, the Solana data indexer, announced the completion of an angel round of financing jointly led by Coinhako and Etherscan Ventures. The new funds will be used to accelerate the product development of SolanaFM, but the specific amount was not disclosed.

Nicholas Chen, CEO of SolanaFM, said of this round of financing: “We received offers from many other VCs, but we finally decided to work with Etherscan and Coinhako because of their strong influence in the industry and because of They have a similar line of business and customer base to SolanaFM."

SolanaFM is positioned as a data indexer focusing on the Solana ecosystem. The so-called indexer actually does three things when disassembled: one is to obtain the original blockchain data from the full node; the other is to process the original data into a queryable format; the third is to store the queryable data set in the database , for quick and easy access for users.

With the explosion of Solana's ecology, users' demand for query and analysis of data on the chain has also begun to increase. However, when users such as investors, developers, and data analysts try to access the original Solana data, they will find that this is a rather troublesome thing. The reason for this is that the current Solana ecological block browser has limited functions, and There are also limitations on API calls. This is the gap in the market that SolanaFM wants to fill.

Specifically, SolanaFM hopes to use its infrastructure to obtain and store all historical data on the Solana chain, and by providing dynamic APIs, it allows various users to freely retrieve and access. In addition, SolanaFM will also provide a front-end dashboard ( dashboard) for a more intuitive visualization of some commonly used data.

Currently, SolanaFM's products are already online. Judging from the dashboard products that ordinary users can directly access, the SolanaFM team has used its API toAccount, Block, Block Reward, Project, Transaction, TokenAnd other six categories of commonly used data to do some retrieval and sorting work.

Taking transactions as an example, when you click "Explore", you can see the average number of successful transactions, number of failed transactions, average sending value, average receiving value, average transaction fee, etc. A clear diagram of each dimension.

It is worth mentioning that SolanaFM currently adopts a multi-level payment model. The first access level is the Starter level, which allows access to the historical data of the last two months, and can be queried up to 100 times per month; the next level is the Pro level, which is $299 per month, and the authority is the complete historical data query , the number of queries per month can also be increased to 2000, and the query efficiency per minute (QPM) can be increased to 15 times; the final level is the Enterprise level provided by the organization, and the authority includes not only complete historical data query, but also the number of queries and QPM Increased to 100000 and 150 times.

From the perspective of product positioning, it is hard for SolanaFM not to remind people of The Graph, a data indexer for networks such as Ethereum. Although The Graph has stated at the beginning of the year that it will integrate into Solana, perhaps because the development environments and programming languages ​​of the two are completely different, this work has not yet been completed. As Solana's native data indexing service, SolanaFM already has a First mover advantage.