Production customer benchmark
Morpho SQD

Morpho runs SQD Portal in production

Morpho, one of DeFi's largest lending protocols (~$16.5B in deposits and active loans), runs a dedicated SQD Portal in production. Here is how it performs, measured on their own production traffic.

≈100% Data correctness
99.98% Query success (90d)
33.9M+ Queries served (90d)
14 Networks

"Morpho holds its infrastructure to a high standard, and supporting a team of this calibre is exactly what SQD Portal was built for."

Wanja Oberhof Wanja Oberhof CEO, SQD
Data correctness

The most correct data, by construction

Every block is validated at ingestion before it ever reaches an indexer. RPC endpoints pass through whatever the node returns.

SQD applies 6 cryptographic checks per block: multi-source RPC cross-checking, transaction-root reconstruction, and log-bloom verification among them. In Morpho's own production benchmark, SQD returned ≈100% correct data. RPC tiers returned 85 to 93%, as many as 1 in 7 requests wrong.

Data Correctnesshigher is better
SQD
100%
Decentralized RPC
93.29%
Major RPC provider
92.89%
Edge RPC gateway
85.1%

SQD returns 100% correct data. The major RPC provider fails 1 in 14 requests. The edge gateway fails 1 in 7.

P90 Latencylower is better
Premium RPC
47.8ms
SQD
48.5ms
Decentralized RPC
296ms
Major RPC provider
383ms
Edge RPC gateway
402ms

Premium RPCs match our speed but fail 5–15% of requests. SQD delivers both, under 50ms at P90 with zero errors.

P50 Latency (Median)lower is better
Premium RPC
26.5ms
SQD
27ms
Decentralized RPC
32ms
Major RPC provider
40ms
Edge RPC gateway
42ms
P50 → P90 Degradationlower is better
SQD
1.8x
Premium RPC
1.8x
Decentralized RPC
9.3x
Major RPC provider
9.5x
Edge RPC gateway
9.6x

SQD degrades 1.8x from median to P90. Others degrade 9-10x, that's the difference between consistent and unreliable.

Benchmark by MorphoProduction traffic, 2026
The competitor tiers, anonymized at the source
Premium RPC
The paid, dedicated tier of a commercial RPC provider.
Major RPC provider
One of the largest commercial RPC providers by traffic served.
Decentralized RPC
A network of independent node operators behind one RPC endpoint.
Edge RPC gateway
A gateway serving cached RPC responses from CDN-style edge locations.
The deployment

A dedicated, validated data layer

Private to Morpho, fully managed, and validated at ingestion. No nodes to run, no providers to babysit.

Chain data
14 networks

Ethereum, Base, Arbitrum, Hyperliquid and more, kept at the head.

Dedicated Portal
Private data layer

Every block passes 6 cryptographic checks at ingestion before anything downstream sees it.

Morpho
Production indexers

Morpho's indexers consume validated onchain data, at production scale.

99.98% success, rolling 90 days

The same Portal any team can run: dedicated infrastructure, validated data, fully managed by SQD.

Reliability

Production-grade, measured in production

Measured on Morpho's dedicated Portal over a rolling 90-day window.

99.98% Query success rolling 90 days
33.9M+ Successful responses rolling 90 days
1.8× P50 to P90 degradation vs 9 to 10× for RPC

Consistency is reliability. SQD degrades 1.8× from median to P90, where RPC tiers degrade 9 to 10×. That is the difference between predictable and unpredictable under load.

Throughput

Built for historical and batch workloads

Where indexers actually spend their time: backfills and large batched reads.

Batch speedup vs premium RPC higher is better
41×
eth_blockNumber · 10k batch
56 ms vs 2,325 ms
7.8×
eth_getBlockByNumber · 10k
439 ms vs 3,403 ms
6×
eth_getLogs · 100k
4.08 s vs 24.4 s

Base mainnet. Single small requests are roughly at parity.

Historical sync · 1,001 mainnet blocks
86s
Batched via Portal
vs 95 to 115 s on a Dwellir node
82%
Fewer Portal requests
366 vs 2,008 on the direct path
0
Dropped requests (503s)
vs 89 on the direct path

Internal benchmark, 2026-06-02.

Head to head

Portal vs raw RPC, for indexing

Scoped to the workload Morpho runs: validated historical and batched reads.

Dimension SQD Raw RPC
Correctness
Data validation 6-step cryptographic checks at ingestion Raw, unchecked node output
Accuracy ≈100% 85 to 93%
Performance
Large batched reads Base, 10k request batches. Up to 41× faster Baseline
Historical backfill Beats a dedicated node Node-bound
Decoded data ✓ ✗
Coverage
Networks served 120+ networks Per-provider
Operations
Node operations None (managed) You run or rent nodes
Get started

Want this for your protocol?

A dedicated Portal, validated data, and enterprise support: the same setup Morpho runs, deployed for your team.

Sources: Morpho production correctness and latency benchmark (2026); dedicated Portal SLO telemetry, rolling 90 days as of 2026-06-30; public batch benchmark (Base, 2026-01-25); internal historical sync benchmark (2026-06-02). Figures are point-in-time snapshots of production telemetry.