Allium: Accurate, Fast, Simple Blockchain Data

TLDR: Allium is a blockchain data platform that empowers developers and analysts with tools for real-time applications and data exploration. Supporting 60+ blockchains and 1000+ customized data schemas, Allium provides accurate, fast, and simplified access to on-chain data with a focus on quality and consistency.

What is Allium?

Allium is a leading blockchain data platform that aims to make working with on-chain data accurate, fast, and simple. The company focuses on providing data infrastructure and services to enable real-time blockchain applications and streamlined data analysis.

With support for over 60 blockchains, including major networks like Ethereum, Solana, Polygon, and Avalanche, Allium offers unified access to a vast amount of on-chain activity. The platform reorganizes complex blockchain data into 1000+ standardized schemas, making it easy to query and derive insights without having to wrestle with raw blockchain data.

What sets Allium apart is their strong emphasis on data quality. The platform employs automated data verification and self-healing processes to identify and resolve any inconsistencies, ensuring that users can rely on Allium's data to be accurate and complete. This is a critical differentiator in an industry where data discrepancies and missing information are common challenges.

Allium's Products

Allium offers two primary products:

Allium Developer

Allium Developer is an API platform that allows engineers to build their own real-time blockchain applications and workflows. With support for historical and real-time data access across multiple blockchains, Allium Developer provides a powerful and flexible foundation for building blockchain-enabled products.

Some key features of Allium Developer include:

• Real-time data streaming via Kafka or PubSub
• Low-latency APIs with median response times of 80ms
• Ability to upload your own data and join it with on-chain information
• Built-in integrations with data warehouses like BigQuery and Snowflake
• Comprehensive documentation and dedicated engineering support

Allium Explorer

Allium Explorer is a web-based platform for data analysts to easily query and derive insights from on-chain activity, without needing to be blockchain experts themselves. The platform offers an intuitive interface for exploring Allium's 1000+ data schemas.

Standout features of Allium Explorer include:

• Support for simple SQL queries that mask underlying blockchain complexity
• Useful query templates for common research and analysis tasks
• Automatic joins between wallet activity, DEX trades, NFT ownership, and more
• Easy connectivity to BI and analysis tools like Hex, Looker, and Sigma Computing
• Allium AI assistant to translate natural language questions into SQL queries

How Companies Use Allium

Allium powers data pipelines and analytics for many of the biggest names in the blockchain industry. Some notable clients include:

Visa - Allium helped Visa build their on-chain stablecoin dashboard to track and visualize stablecoin activity across multiple blockchains. This dashboard offers unprecedented transparency into stablecoin usage and helps inform Visa's crypto strategy.

Grayscale - Grayscale, the world's largest digital currency asset manager, uses Allium to access historical balance data for their research reports and product structuring. Allium's cross-chain data helps them monitor market trends and flows.

Phantom - Phantom, Solana's leading wallet, integrated Allium's APIs to get real-time blockchain data for their application. Allium powers features like viewing wallet activity, token balances, and recent transactions.

DeFiLlama - DeFiLlama is a popular DeFi TVL aggregator that tracks assets across multiple blockchains. They use Allium's infrastructure to ingest blockchain data and calculate cross-chain statistics.

These are just a few examples of how Allium supports a variety of use cases, from stablecoin monitoring, to wallet activity tracking, to cross-chain DeFi analytics. The platform abstracts away blockchain complexity and empowers customers to focus on their product or research rather than data pipelines.

What Makes Allium Unique

In an increasingly crowded blockchain data space, Allium stands out in a few key areas:

Data Quality - Allium's automated data verification and self-healing set a new standard for data consistency and reliability. Every data point is checked and re-checked to maintain accuracy.

Simplified Data Models - Allium reorganizes raw blockchain data into easy-to-understand schemas, with useful abstractions like double-entry accounting, USD prices, and token standardization. This makes the data accessible to non-blockchain experts.

Cross-Chain Coverage - With support for 60+ blockchains and counting, Allium offers a unified view into activity across major ecosystems. This is critical for multi-chain projects and holistic industry research.

Customer Obsession - Allium prides itself on being customer-focused and working closely with clients to support their data needs. The team is highly technical and provides hands-on assistance to integrate Allium's data.

Allium's Team and Investors

Allium was founded in 2021 by CEO Ethan Chan, a former Director of Engineering at Primer. The project has quickly grown to a team of 13 employees worldwide.

Allium is backed by leading investors like Kleiner Perkins, Bain Capital Crypto, and Theory Ventures. The company has raised $21.5M in funding to date to scale their platform and support more blockchains and use cases.

Looking Ahead

Allium has an ambitious roadmap to cement its position as the go-to blockchain data platform. Upcoming initiatives include:

• Expanding support to 100+ blockchains and 5000+ data schemas
• Further improving data freshness and latency to power even more real-time use cases
• Launching a public, community-driven data marketplace
• Investing in machine learning and advanced analytics to help customers extract more insights
• Onboarding more DeFi, NFT, and institutional clients with targeted solutions

With a rapidly growing customer base, strong financial backing, and a talented team, Allium is well positioned to be a leader in blockchain data infrastructure. As more companies look to build real-world applications on blockchains, having a reliable data platform like Allium will only become more critical.