Solana is one of the most successful and popular blockchain platforms ever, with numerous meme coins launching daily. It is a hotspot for developing dApps and trading because of its high throughput, low transaction costs, and scalability.
Solana is popular because it has low transaction fees, which attracts traders because the trading activities they intend to make would be cheap compared to blockchains with higher fees.
Developers and traders make use of Solana APIs to gain access to on-chain data, build trading bots, and also to create analytics tools.
In this article, we’ll cover the top 10 Solana APIs for trading, focusing more on Bitquery, a powerful API provider.
Here are some of the leading APIs and tools that can provide data for Solana.
Bitquery is a powerful blockchain data API provider that provides APIs and tools for accessing and analyzing Pump Fun and its AMM Pumpswap data. It also offers comprehensive and real-time data, making it a top choice for traders and developers.
How Bitquery Provides Solana Data
Bitquery provides a GraphQL-based API and Kafka Streams that allow users to get Solana blockchain data in a structured and efficient manner. This API supports real-time and historical data, making it suitable for analytics, tracking, and monitoring purposes.
Below are several different data points you can get using Bitquery’s APIs:
- Price and Traders Data: This includes top traders, latest trades, and prices in real-time. Get the First 100 buyers of a Token: with this query, you can retrieve the first 100 buyers of a specific token.
- DEX Data: Get data on top DEXs, including Raydium ( including CLMM), Orca, Phoenix, PumpSwap, etc.
- Build your own trading bots and dashboards easily with the code generator on their graphQL IDE.
The examples above show how Bitquery serves as a powerful tool for accessing and analyzing Solana trading data, which allows traders to make more informed and strategic decisions.
The Jupiter API is one of the most powerful Solana trading APIs, it provides real-time market data, liquidity aggregation, and trade execution across multiple decentralized exchanges (DEXs). This data helps traders get the best prices and fastest transactions by getting liquidity from various platforms.
How it Provides Solana Trading Data:
- Real-Time Price Data: It provides real-time data by retrieving data from multiple Solana liquidity sources.
- Swap Routes & Trade Execution: It identifies the most cost-effective trade routes to maximize efficiency.
- Liquidity & Volume Data: It also provides liquidity depth analysis to help traders and developers make informed decisions.
Helius API is a powerful platform that gives developers and traders access to comprehensive Solana blockchain data for various trading applications. It offers RPCs, APIs, and data streaming tools to enhance functionality. Additionally, Helius operates one of the leading Solana validators, ensuring reliability and performance.
How it Provides Solana Trading Data:
- Enhanced RPC Services: Helius provides RPC nodes that aid both reading from and writing to the Solana blockchain.
- Priority Fee API: Helius also provides a Priority Fee API that offers fee recommendations that are based on historical data in order to optimize transaction confirmation times.
- Parsed Transaction History: This API offers readable transaction histories for specific addresses, allowing traders to analyze previous transactions and monitor the movement of assets.
- Digital Asset Standard (DAS) API: This API offers a unique interface for interacting with digital assets on Solana such as tokens and NFTs.
- Webhooks for Event Notifications: Helius also makes use of webhooks that allow real-time monitoring of on-chain events such as sales, listings, and swaps.
- Enhanced WebSockets: Its WebSockets provide fast response time for applications that need live data streams, which ensures traders have access to the most current market data.
- Dedicated Nodes: Helius offers dedicated nodes that are made for low latency and high throughput to optimize the performance of applications.
SolanaFM API is designed around RESTful endpoints and Websockets (WS), and it offers a suite of endpoints that allows users to build and integrate their on-chain programs and projects much more conveniently.
How it Provides Solana Trading Data:
- Real-Time Market Data: SolanaFM’s Trading API provides users with real-time access to market data such as token prices, trading volumes, and liquidity metrics.
- Seamless Integration with DApps and Platforms: SolanaFM’s API is made for easy integration, which allows developers to integrate Solana trading functionalities into decentralized applications (dApps).
- Comprehensive On-Chain Analytics: SolanaFM’s API provides users with comprehensive on-chain analytics, offering data such as wallet transactions, token movements, and trading patterns to provide a better understanding of market behavior and user activity.
- Historical Data: It also gives users access to historical data to backtest and refine their trading strategies.
QuickNode is a blockchain infrastructure provider that offers high-performance Solana RPC nodes and APIs for developers, traders, and enterprises. It helps projects interact easily with the Solana blockchain.
How it Provides Solana Trading Data:
- Enhanced APIs for Solana: Quicknode offers enhanced API for Solana that ensures low-latency blockchain interaction.
- Webhooks & Real-Time Alerts: It offers custom webhooks for events such as wallet activity, NFT sales, or token transfers, which is perfect for automated trading and monitoring in real time.
- Comprehensive Trading Endpoints: Quicknode provides comprehensive trading endpoints that can be used to monitor DEX liquidity pools, and analyze trade execution details.
Alchemy is a development platform that provides infrastructure and tools for building decentralized applications (dApps) on various blockchains, including Solana. It offers real-time trading data, smart contract interaction, and advanced analytics to power DeFi, NFT marketplaces, and trading platforms on Solana.
How it Provides Solana Trading Data:
- Enhanced NFT & Token APIs: Alchemy offers enhanced NFT and Token APIs that can be used to monitor SPL token holdings, transactions, and trading activity across wallets. It can also be used to retrieve info on NFT data such as collections, traits and sales history.
- Transaction Simulation: Alchemy can also be used to simulate swaps, liquidity provision, and arbitrage strategies before live execution. This is to predict network fees and also to optimize trade costs.
- Real-Time Event Monitoring: Alchemy makes use of Webhooks & Streams to provide real-time event monitoring that can be used for Dex trade tracking and liquidity pool updates.
- Historical Data & Analytics: It offers access to historical data and analytics by providing data such as queries of last swaps, DEX pool states for backtesting strategies, liquidity changes, etc.
Messari is a blockchain analytics company that offers AI-powered market intelligence for its users by aggregating, verifying and analyzing blockchain data to deliver insights for investors, traders, and institutions.
How it Provides Solana Trading Data:
- Comprehensive Market Data Feeds: Messari provides real-time and historical price tracking for SOL and SPL tokens, as well as trading volume analytics across major Solana DEXs.
- Professional Trading Metrics: It also provides trading metrics such as market capitalization calculations and trends, Rand OI (Return on Investment) analytics for SOL and SPL tokens.
GeckoTerminal is an analytic tool developed by CoinGecko that offers real-time data for decentralized exchanges, including those built on Solana.
How it Provides Solana Trading Data:
- Real-Time DEX Market Data: It provides real-time price feeds for SOL and SPL tokens across Solana DEXs, tracks TVL fees, Solana pair performance, etc.
- Advanced Charting Tools: It also provides charting tools such as candlestick charts, price analysis, and liquidity depth.
- Token & Pool Discovery: With GeckoTerminal API, users can identify high-volume or newly launched Solana pools.
Birdeye is a Solana-focused trading data platform that provides real-time market insights, price tracking, and DeFi analytics for traders, developers, and institutions. It gets its data via aggregation from over 50+ Solana DEXs to deliver comprehensive, actionable trading intelligence.
How it Provides Solana Trading Data:
- Real-Time Price & Liquidity Data: It provides Live prices for SOL and SPL tokens and liquidity pool analytics such as TVL, volume, and fees.
- Advanced Trading Tools: It provides charting tools for traders to use, as well as historical data for backtesting.
- Token & Pool Discovery: Traders have access to newly launched tokens and trading pools by volume or liquidity.
Blockdaemon is a blockchain node and infrastructure platform that helps businesses, institutions, and developers interact with blockchain networks, including Solana. It specializes in secure, scalable, and compliant blockchain access for enterprises.
How Blockdaemon Supports Solana Trading:
- High-Performance Solana RPC Nodes: Blockdaemon has dedicated Nodes that provide Low-latency access to Solana mainnet/devnet for trading bots and DeFi apps.
- Enhanced APIs for Developers: With its enhanced API, users can send trades with high reliability, and can also fetch SOL/SPL token balances and transfers with queries.
- Webhooks & Alerts: With this, users can set custom triggers that monitor wallet activities/ transactions.
Conclusion
With the massive adoption of web3 technologies recently, and with Solana’s growing ecosystem, it might be difficult to select the best API for trading and analytics. Bitquery stands out as a versatile and powerful option for accessing real-time and historical data across Solana. Whether you’re building trading bots, analyzing DeFi protocols, or tracking wallet activity, these APIs provide the tools you need to succeed in the Solana ecosystem. Choose the API that best fits your use case and start building today!
