Memecoin Trading has recently gained a lot of popularity, with players such as Pump on Solana and Solar pump Because Tron gets the majority of the traction last week with around 140 million transactions. The No. From daily traders who get more than 100k on pump pleasure And TPS (Transactions per second) of approximately 4K solid this claim.
With these platforms, their users can launch their meme coin with a single click, which can also be traded at other fairs after they have completed their binding curve and graduated from the platform. The user is also rewarded with 0.5 Sol After token they have made, the binding curve as shown in the image below completes.
This increase in popularity Algo traders had given a new market to try out their strategies. However, most of these strategies would require trade and market -related data, such as volume, liquidity and number of people involved in a very low latency to be profitable.
Algo traders, HFT companies and trade bots such as GMGN, BullX and much more require a low latency to respond to market events faster than their competitors, and offer a considerable advantage in volatile market conditions.
Challenges in obtaining data on chains with low latency
Indexing in real time presents various challenges, especially when building your own nodes:
- High data transit and volume
The network can manage thousands of transactions per second (TPS). Of 6 million transactions in 12 hoursThe enormous network growth requires that large servers manage the data to keep up with this high transaction speed in real time, efficient streaming and processing mechanisms are essential.
- Blockchain -Decoding and transform data
ABI (Application Binary Interface) Decoding is resource-intensive. Different smart contracts have different structures. Moreover, smart contracts can activate multiple internal transactions (internal calls) that must be followed.
- Real -time database performance
Blockchain data is only added, but it also requires indexing, partitioning and aggregation. Requesting data in real time while new information is being taken can lead to locking problems and bottlenecks of performance.
- Latency in distributed infrastructure
Data moves through various transforming phases (parsing → transformation → storage → querying). Each of these steps introduces some processing delay, making it increasingly difficult to achieve real -time latency as the pipeline extends.
- Network and I/O bottlenecks
High disk I/O operations are the result of reading and writing large blockchain data sets. In addition, network congestion can influence the speeds of data streaming, in particular when using technologies such as web sockets, kafka or message queues.
What are some options with low latency for obtaining memecoin data?
- Streaming via graphql subscriptions
Bitquery Offers real -time data on PumpFun and Sunpump via Graphql subscription.
You can build applications such as portfoliotrackers and real -time analysis dashboards for follow -up pricesmonitoring Token creation In real time, check bind curve completion and real -time Market liquidity.
- Spreading streaming with Kafka
Bitquery’s Kafka -Streams Are a robust alternative for streaming-based streaming, in particular for large-scale, distributed systems that can process data in a multi-threaded way.
In addition, in contrast to other comparable large -scale solutions, Kafka is better for scalability, because several consumers can split the tax to consume one subject, so that the tax is automatically distributed on it. The connection protocol is also more reliable than the website interface and is better optimized for persistent connections.
For major players such as institutional traders, investment bankers and HFT companies that manage a large portfolio, the Kafka -Streams solution is preferred because the data loss or time -out is better in terms of scalability and latency. For trade strategies that require older data, such as trend -based strategies, Kafka is also a much better option because it also offers historical data.
Memecoin markets such as Pump Fun and Sun Pump have created exciting opportunities for traders and analysts. The choice of streaming solution depends on the requirements of the users. Insight into these options and their considerations will help traders and developers make informed decisions in this rapidly evolving market.