EigenCloud vs Subsquid — how do they compare? EigenCloud trades at Rp3,062 (market cap Rp2,68T, Rp162,8M 24h volume), while Subsquid trades at Rp801.91 (market cap Rp887,08M, Rp73,46M 24h volume). The key difference: EigenCloud is far larger — about 3021.1× Subsquid's market cap, and Subsquid's supply is capped (1,1B / 1,3B SQD (84%)) while EigenCloud's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold EigenCloud for 26 Days and Subsquid for 8 Days on average.
| EIGEN | SQD | |
|---|---|---|
Market Cap | Rp2,68T | Rp887,08M |
Volume (24h) | Rp162,8M | Rp73,46M |
Circulating Supply | 874M EIGEN | 1,1B / 1,3B SQD (84%) |
Typical Hold Time | 26 Days | 8 Days |
What Pluang investors did over the last 30 days
The EIGEN token is a universal work token designed for EigenLayer, providing security for various digital tasks that are not only objectively verifiable but also intersubjectively attributable. Unlike traditional work tokens that are tied to specific digital tasks or objective faults that are verifiable on-chain, EIGEN addresses a broader category of faults where multiple external observers agree on whether the task was performed correctly. This expands the range of tasks that can be securely managed on a blockchain. EIGEN tokens are used for identifying intersubjective faults on the EigenLayer platform, performing validation tasks across various Actively Validated Services (AVS), and incentivizing and penalizing operators based on their performance.
Read more on EIGEN →Subsquid Network is a decentralized data lake and query engine designed to provide developers with fast, permissionless access to blockchain data. Its modular architecture, secured by zero-knowledge (ZK) proofs, enables scalable blockchain indexing, decentralized application (dApp) development, and robust analytics. Unlike rigid monolithic indexing frameworks that struggle to adapt in today's rapidly evolving blockchain environment, Subsquid offers a flexible, efficient, and decentralized alternative to centralized RPC and API providers. This approach paves the way for a more open, neutral, and developer-friendly Web3.
Read more on SQD →