Accessing On-Chain Data with Wormhole Queries
Accessing on-chain data is crucial, especially in the context of multichain applications. Historically, this process has been both expensive and slow due to the necessity of on-chain transactions, which involve high gas costs and depend on the underlying blockchain’s time to finality. Wormhole Queries changes this dynamic, allowing anyone to pull any on-chain data on-demand, streamlining development and significantly enhancing application performance.
What is Wormhole Queries?
Wormhole Queries provides instant access to data across different blockchains, significantly reducing latency and costs for verifiable cross-chain state calls. Think of it as a simple, flexible, and versatile framework that makes accessing cross-chain data easy and efficient. This framework is secured by the Wormhole Guardians, who verify the responses, ensuring valid and reliable data access.
Who Uses Wormhole Queries?
Wormhole Queries is a developer-focused product aimed at building better, more performant multichain applications. It is used across various verticals, from DeFi protocols such as DEXes to blockchain-based games. For example, a perpetual futures DEX could use Queries to fetch real-time data from multiple chains, allowing it to offer perpetual contracts on tokens that only have reliable on-chain price feeds (e.g. from a Uniswap pool). Multichain games, on the other hand, can retrieve player data instantly across chains. These applications, enhanced by Wormhole Queries, offer a seamless experience to users who might not even realize they are interacting with complex cross-chain technology.
Why Does Wormhole Queries Matter?
Wormhole Queries enables developers to create new use cases and provides a faster, simpler, and cheaper user experience. It is up to 84% cheaper than traditional methods and offers sub-second response times. This allows for more efficient and responsive applications, enhancing the overall user experience significantly.
How to Get Involved with Wormhole
The Wormhole ecosystem is a vibrant, fast-growing community of builders and users that are shaping the future of Web3 together, and you can be a part of it.
If this sounds intriguing, join the Wormhole Discord and engage with the community. It’s the easiest way to get started.
If you want to learn more about interoperability and Wormhole’s technology, check out our Documentation here.
About Wormhole
Wormhole is the leading interoperability platform that powers multichain applications and bridges at scale. Wormhole provides developers access to liquidity and users on over 30 of the leading blockchain networks, enabling use cases that span DeFi, NFTs, governance, and more.
The wider Wormhole network is trusted and used by teams like Circle and Uniswap. To date, the platform has facilitated the transfer of over 40 billion dollars through over 1 billion cross-chain messages.