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Stablecoins

Track every mint, burn, and transfer across every chain

Stablecoin flows are the circulatory system of crypto. SQD gives you real-time visibility into supply changes, cross-chain movements, and peg stability — the data that treasuries, market makers, and compliance teams actually need.

225+ Networks
0% Error rate
27ms P50 latency
2 PB+ Data indexed
Capabilities

Built for stablecoins at scale

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Cross-chain flow reconstruction

Trace USDC from a Circle mint on Ethereum through a bridge to Arbitrum, into an Aave deposit, and back. SQD indexes transfer events across all 225+ networks — you see the full journey, not fragments per chain.

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Mint & burn event monitoring

Stream mint and burn events from Circle, Tether, MakerDAO, and every issuer as they hit the chain. Detect supply expansions and contractions in real time — not from CoinGecko's API with a 5-minute delay.

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Peg deviation analytics

Index DEX pool reserves and swap events to calculate real-time peg deviation from AMM pricing data. Build depeg early warning systems from validated on-chain data, not from exchange APIs that lag behind actual market state.

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Velocity & concentration metrics

Compute transfer velocity, unique holder counts, Gini coefficients, and whale concentration ratios at the wallet level. The data comes decoded and typed — you write the analytics logic, not the data pipeline.

Use cases

What teams build with SQD

Stablecoin supply and flow dashboards
Depeg early warning systems from DEX pool data
Cross-chain velocity and adoption reports
Issuer transparency portals with real-time reserves
Regulatory reporting feeds for stablecoin compliance
Market maker flow analysis and concentration tracking
The cross-chain reality

USDC exists on 15+ chains. Your data shouldn't be fragmented across 15 providers.

When Circle mints USDC on Ethereum and it bridges to Arbitrum, gets deposited into Aave, and the yield flows to a wallet on Base — that's one economic story happening across 3 chains. Most data infrastructure gives you 3 disconnected fragments.

SQD indexes transfer events, mint/burn calls, and pool interactions for every stablecoin across 225+ networks through a single API. You query once, get the complete picture, and build analytics that reflect how stablecoins actually move — not how your infrastructure limitations force you to see them.

Queryable stablecoin data
Mint & burn events Real-time supply changes from Circle, Tether, MakerDAO, and every issuer — not delayed aggregator data
Bridge transfers Track stablecoins across canonical bridges, third-party bridges, and liquidity networks with transfer provenance
DEX pool reserves Swap events and reserve changes in Curve, Uniswap, and other AMMs — the raw data for peg deviation calculations
Lending protocol flows Deposits, borrows, and liquidations involving stablecoins across Aave, Compound, Morpho, and more
Wallet-level metrics Per-address transfer history, holding duration, and velocity metrics for any stablecoin on any chain
Coverage

Every major stablecoin. Every deployment chain.

SQD doesn't maintain a curated list of "supported" stablecoins. Any ERC-20 transfer event on any of 225+ networks is queryable — including stablecoins that launched yesterday.

USDC Circle Native issuance on 15+ chains, bridged presence on 50+
USDT Tether Largest stablecoin by market cap, multi-chain native issuance
DAI / USDS MakerDAO / Sky Decentralized issuance with on-chain governance data
FRAX Frax Finance Algorithmic + collateralized hybrid with AMO data
GHO Aave DeFi-native stablecoin with facilitator-level mint tracking
Any ERC-20 Any issuer Query any token contract — no whitelist, no approval process
Get started

Your blockchain data infrastructure, handled.

Private Portal. Dedicated. Validated. Managed. Tell us what you're building — we'll show you what it looks like on SQD.