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Alchemy Subgraphs vs Subsquid (SQD)

How Alchemy Subgraphs and Subsquid (SQD) differ on type, speed, chains and developer experience.

Alchemy SubgraphsSubsquid (SQD)
TypeManaged serviceDecentralized protocol
How it worksManaged, Graph-compatible subgraph hosting on Alchemy’s infrastructure, alongside its broader node + data API stack (Supernode, enhanced APIs).An open SDK plus a decentralized data lake (the SQD Network): batch-fetch on-chain data fast, transform in TypeScript, and serve. Covers EVM and non-EVM in one framework.
ChainsMajor EVM + more100+ (EVM + non-EVM)
SpeedFastVery fast
CodingAssemblyScriptTypeScript
Best forTeams already on AlchemyFast multichain incl. non-EVM

Alchemy Subgraphs

  • Enterprise-grade reliability
  • Seamless Graph migration
  • Part of Alchemy’s full stack
  • Paid / enterprise pricing
  • Not decentralized

Subsquid (SQD)

  • Very fast (2nd in benchmarks)
  • 100+ chains incl. non-EVM
  • Modular SDK + decentralized network
  • More moving parts to learn
  • Smaller than The Graph

Bottom line

Pick Alchemy Subgraphs for teams already on alchemy; pick Subsquid (SQD) for fast multichain incl. non-evm.