OnFinality Indexing powers SatLayer with fast data, stable uptime, and accurate rewards on Babylon Genesis.OnFinality Indexing powers SatLayer with fast data, stable uptime, and accurate rewards on Babylon Genesis.

How SatLayer Uses OnFinality Indexing

2026/01/14 13:33
Okuma süresi: 5 dk
How SatLayer Uses OnFinality Indexing

SatLayer is building the economic layer for Bitcoin, enabling the world’s most trusted asset to become programmable collateral. Through Cube by SatLayer, its Liquid Staking Token product on Babylon Genesis, SatLayer is extending Bitcoin’s capital efficiency across new financial primitives and incentive systems.

To support Cube and its season-based rewards program, SatLayer requires accurate, real-time blockchain data that can scale with user activity. This is where OnFinality Indexing plays a critical role.

OnFinality delivers Babylon Genesis indexing using SubQuery as the underlying indexing platform, while managing and operating custom subgraphs on top of SubQuery for SatLayer. This setup ensures that rewards data remains reliable, transparent, and production ready as Cube adoption grows.

Jia Jian Goi, Product Manager, SatLayer

Table of Contents

  • The Challenge: Indexing Babylon Genesis Data for Rewards
  • Why SatLayer Chose OnFinality Indexing Built on SubQuery
  • How OnFinality Indexing Works for SatLayer
  • Reliability and Service Quality from OnFinality
  • The Road Ahead for SatLayer
  • Conclusion: Production-Grade Indexing for Babylon Genesis
  • About OnFinality

The Challenge: Indexing Babylon Genesis Data for Rewards

SatLayer’s rewards ecosystem depends on tracking and processing transactional activity on Babylon Genesis. This data powers the SatLayer rewards program, where users earn Sats² points across multiple seasons based on participation and behaviour.

The team faced several challenges:

  • Indexing high-volume transaction data on Babylon Genesis
  • Supporting both historical and real-time indexing for multiple reward seasons
  • Ensuring accurate points calculation and transparent user reporting
  • Operating within a Cosmos blockchain indexing environment, where production-grade tooling can be limited

Without a robust indexing layer, rewards distribution becomes difficult to scale, error-prone, and costly to maintain.

Why SatLayer Chose OnFinality Indexing Built on SubQuery

SatLayer partnered with OnFinality to run a managed indexing stack that combines SubQuery indexing with OnFinality’s operational expertise.

In this architecture:

  • SubQuery provides the core indexing and querying framework
  • OnFinality Indexing manages the infrastructure, deployments, schema updates, and performance tuning
  • Managed subgraphs are customized specifically for Cube by SatLayer and its evolving rewards logic

This approach allows SatLayer to focus on protocol development while OnFinality handles the complexity of indexing, uptime, and data reliability.

Key benefits include:

  • Managed subgraphs optimized for Cube by SatLayer rewards and LST activity
  • Reliable Babylon Genesis indexing for rewards and analytics
  • Flexible schemas that evolve across seasons
  • Fast query performance for user-facing dashboards
  • Dedicated support for Cosmos blockchain indexing workflows

How OnFinality Indexing Works for SatLayer

What data is indexed

OnFinality indexes transactional and protocol-level activity on Babylon Genesis related to Cube by SatLayer. This includes the events and state changes required to compute Sats² points accurately.

Managed subgraphs on SubQuery

Using SubQuery indexing as the foundation, OnFinality operates managed subgraphs that are purpose-built for SatLayer’s rewards logic. OnFinality handles deployments, schema evolution, indexing performance, and data integrity checks.

Rewards calculation and dashboard delivery

Indexed data flows into SatLayer’s internal rewards engine, which evaluates user activity across seasons. The processed results are displayed in the Cube dashboard, enabling:

  • Real-time points tracking
  • Transparent reward attribution
  • A consistent and trustworthy user experience

This architecture ensures that Babylon Genesis indexing remains accurate even as usage scales.

Reliability and Service Quality from OnFinality

For a rewards-driven product, indexing reliability is essential. Missing transactions or delayed queries can directly impact user trust.

By managing the indexing layer end to end, OnFinality Indexing provides:

  • Stable operations across multiple reward seasons
  • Smooth schema updates as requirements evolve
  • Consistent query performance for user-facing dashboards
  • Responsive, builder-focused support

OnFinality’s service quality ensures that SatLayer’s rewards infrastructure remains accurate, transparent, and dependable at scale.
Onfinality’s stats:
Query uptime percentage: 99.98% (supporting always-on dashboards)
Cube LST latency: 0.1645895s
SatLayer latency: 0.07307125s

The Road Ahead for SatLayer

SatLayer continues to expand as the economic layer for Bitcoin, unlocking new use cases for Bitcoin programmable collateral. As Cube grows and new incentive mechanisms are introduced, dependable indexing will remain foundational.

With OnFinality Indexing managing SubQuery-based subgraphs on Babylon Genesis, SatLayer can scale rewards, analytics, and integrations without diverting focus from core protocol innovation.

Conclusion: Production-Grade Indexing for Babylon Genesis

By combining SubQuery indexing with OnFinality’s managed subgraphs and operational expertise, SatLayer has built a scalable data foundation for its rewards ecosystem.

This setup enables:

  • Accurate rewards calculation across seasons
  • Real-time visibility for Cube by SatLayer users
  • Lower operational overhead for the core team

In Cosmos environments like Babylon Genesis, reliable indexing is not just backend infrastructure. It is a critical layer for trust, transparency, and long-term growth.

About OnFinality

OnFinality is a blockchain infrastructure platform that serves hundreds of billions of API requests monthly across more than 130 networks, including Avalanche, BNB Chain, Cosmos, Polkadot, Ethereum, and Polygon. It provides scalable APIs, RPC endpoints, node hosting, and indexing tools to help developers launch and grow blockchain networks efficiently. OnFinality’s mission is to make Web3 infrastructure effortless so developers can focus on building the future of decentralised applications.

App | Website | Twitter | Telegram | LinkedIn | YouTube

Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen service@support.mexc.com ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

Facts Vs. Hype: Analyst Examines XRP Supply Shock Theory

Facts Vs. Hype: Analyst Examines XRP Supply Shock Theory

Prominent analyst Cheeky Crypto (203,000 followers on YouTube) set out to verify a fast-spreading claim that XRP’s circulating supply could “vanish overnight,” and his conclusion is more nuanced than the headline suggests: nothing in the ledger disappears, but the amount of XRP that is truly liquid could be far smaller than most dashboards imply—small enough, in his view, to set the stage for an abrupt liquidity squeeze if demand spikes. XRP Supply Shock? The video opens with the host acknowledging his own skepticism—“I woke up to a rumor that XRP supply could vanish overnight. Sounds crazy, right?”—before committing to test the thesis rather than dismiss it. He frames the exercise as an attempt to reconcile a long-standing critique (“XRP’s supply is too large for high prices”) with a rival view taking hold among prominent community voices: that much of the supply counted as “circulating” is effectively unavailable to trade. His first step is a straightforward data check. Pulling public figures, he finds CoinMarketCap showing roughly 59.6 billion XRP as circulating, while XRPScan reports about 64.7 billion. The divergence prompts what becomes the video’s key methodological point: different sources count “circulating” differently. Related Reading: Analyst Sounds Major XRP Warning: Last Chance To Get In As Accumulation Balloons As he explains it, the higher on-ledger number likely includes balances that aggregators exclude or treat as restricted, most notably Ripple’s programmatic escrow. He highlights that Ripple still “holds a chunk of XRP in escrow, about 35.3 billion XRP locked up across multiple wallets, with a nominal schedule of up to 1 billion released per month and unused portions commonly re-escrowed. Those coins exist and are accounted for on-ledger, but “they aren’t actually sitting on exchanges” and are not immediately available to buyers. In his words, “for all intents and purposes, that escrow stash is effectively off of the market.” From there, the analysis moves from headline “circulating supply” to the subtler concept of effective float. Beyond escrow, he argues that large strategic holders—banks, fintechs, or other whales—may sit on material balances without supplying order books. When you strip out escrow and these non-selling stashes, he says, “the effective circulating supply… is actually way smaller than the 59 or even 64 billion figure.” He cites community estimates in the “20 or 30 billion” range for what might be truly liquid at any given moment, while emphasizing that nobody has a precise number. That effective-float framing underpins the crux of his thesis: a potential supply shock if demand accelerates faster than fresh sell-side supply appears. “Price is a dance between supply and demand,” he says; if institutional or sovereign-scale users suddenly need XRP and “the market finds that there isn’t enough XRP readily available,” order books could thin out and prices could “shoot on up, sometimes violently.” His phrase “circulating supply could collapse overnight” is presented not as a claim that tokens are destroyed or removed from the ledger, but as a market-structure scenario in which available inventory to sell dries up quickly because holders won’t part with it. How Could The XRP Supply Shock Happen? On the demand side, he anchors the hypothetical to tokenization. He points to the “very early stages of something huge in finance”—on-chain tokenization of debt, stablecoins, CBDCs and even gold—and argues the XRP Ledger aims to be “the settlement layer” for those assets.He references Ripple CTO David Schwartz’s earlier comments about an XRPL pivot toward tokenized assets and notes that an institutional research shop (Bitwise) has framed XRP as a way to play the tokenization theme. In his construction, if “trillions of dollars in value” begin settling across XRPL rails, working inventories of XRP for bridging, liquidity and settlement could rise sharply, tightening effective float. Related Reading: XRP Bearish Signal: Whales Offload $486 Million In Asset To illustrate, he offers two analogies. First, the “concert tickets” model: you think there are 100,000 tickets (100B supply), but 50,000 are held by the promoter (escrow) and 30,000 by corporate buyers (whales), leaving only 20,000 for the public; if a million people want in, prices explode. Second, a comparison to Bitcoin’s halving: while XRP has no programmatic halving, he proposes that a sudden adoption wave could function like a de facto halving of available supply—“XRP’s version of a halving could actually be the adoption event.” He also updates the narrative context that long dogged XRP. Once derided for “too much supply,” he argues the script has “totally flipped.” He cites the current cycle’s optics—“XRP is sitting above $3 with a market cap north of around $180 billion”—as evidence that raw supply counts did not cap price as tightly as critics claimed, and as a backdrop for why a scarcity narrative is gaining traction. Still, he declines to publish targets or timelines, repeatedly stressing uncertainty and risk. “I’m not a financial adviser… cryptocurrencies are highly volatile,” he reminds viewers, adding that tokenization could take off “on some other platform,” unfold more slowly than enthusiasts expect, or fail to get to “sudden shock” scale. The verdict he offers is deliberately bound. The theory that “XRP supply could vanish overnight” is imprecise on its face; the ledger will not erase coins. But after examining dashboard methodologies, escrow mechanics and the behavior of large holders, he concludes that the effective float could be meaningfully smaller than headline supply figures, and that a fast-developing tokenization use case could, under the right conditions, stress that float. “Overnight is a dramatic way to put it,” he concedes. “The change could actually be very sudden when it comes.” At press time, XRP traded at $3.0198. Featured image created with DALL.E, chart from TradingView.com
Paylaş
NewsBTC2025/09/18 11:00
US and UK Set to Seal Landmark Crypto Cooperation Deal

US and UK Set to Seal Landmark Crypto Cooperation Deal

The United States and the United Kingdom are preparing to announce a new agreement on digital assets, with a focus on stablecoins, following high-level talks between senior officials and major industry players.
Paylaş
Cryptodaily2025/09/18 00:49
Dogecoin ETF Set to Go Live Today

Dogecoin ETF Set to Go Live Today

The post Dogecoin ETF Set to Go Live Today appeared on BitcoinEthereumNews.com. Altcoins 18 September 2025 | 09:35 The U.S. market is about to see a first-of-its-kind moment in crypto investing. Beginning September 18, investors are expected to be able to buy exchange-traded funds (ETFs) tied directly to XRP and Dogecoin, bringing two of the most recognizable digital assets into mainstream brokerage accounts. The products — the REX-Osprey XRP ETF (XRPR) and REX-Osprey Dogecoin ETF (DOJE) — are being launched through a partnership between REX Shares and Osprey Funds. It marks the first time spot XRP and spot DOGE exposure will be available in ETF form for U.S. traders, a move that analysts describe as historic for the broader digital asset space. Industry voices quickly highlighted the importance of the rollout. ETF Store President Nate Geraci noted that the launch not only introduces the first Dogecoin ETF but also finally delivers spot XRP access for traditional investors. Bloomberg ETF analysts Eric Balchunas and James Seyffart confirmed that trading will begin September 18, following a brief delay from the original timeline. Both ETFs are housed under a single prospectus that also covers planned funds for TRUMP and BONK, though those launches have yet to receive confirmed dates. By wrapping these tokens in an ETF structure, investors will no longer need to navigate crypto exchanges or wallets to gain exposure — instead, access will be as simple as purchasing shares through a brokerage account. The arrival of these products could set the stage for a wave of new altcoin-based ETFs, expanding the landscape beyond Bitcoin and Ethereum and opening the door to mainstream adoption of other popular tokens. Author Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new…
Paylaş
BitcoinEthereumNews2025/09/18 14:38