SonarX

SonarX is an institutional-grade blockchain data infrastructure platform that delivers pre-indexed, decoded, and compliance-ready on-chain datasets across 130+ chains — including Solana — through the cloud warehouses, streaming pipelines, and APIs that financial institutions already use. The platform was founded around 2022 under the name Sonarverse, headquartered in Irvine, California, and rebranded to SonarX in November 2024 to better reflect its institutional positioning. CEO Patrick Kim leads the company alongside Chief Product Officer Sergio Capanna, who brings prior experience from Bloomberg, Nasdaq, and AWS — a background that directly informs the platform's emphasis on data reliability standards borrowed from traditional capital markets. SonarX closed a $7 million seed round led by BlockTower Capital, with participation from United Overseas Bank, Aglaé Ventures, Third Prime Ventures, Ocular Funds, Aptos, FBG, and FJ Labs, bringing total funding to $13.8 million. The core problem SonarX addresses is that building production-grade blockchain data infrastructure in-house is expensive, error-prone, and time-consuming. Financial institutions, exchanges, asset managers, and compliance teams need standardized, auditable on-chain data that matches the reliability standards they expect from traditional financial data vendors — but most self-service blockchain data tools are built for Web3 developers, not institutional workflows. SonarX solves this by maintaining a continuously updated, quality-monitored, and compliance-ready data layer across 130+ blockchains, delivered through the cloud data warehouses, file formats, and APIs institutions already use. SonarX ingests raw blockchain data from node infrastructure, decodes smart contract events and state changes, standardizes schemas across chains, and continuously monitors data quality before delivery. A key design principle is reorg-aware processing: chain reorganizations are handled deterministically so that delivered data does not silently diverge from on-chain truth. Historical coverage begins at each chain's genesis block and runs to near real-time. Customers access data through three primary channels: Datashares (cloud-native datasets on Snowflake, Databricks, BigQuery, Redshift, plus Parquet, CSV, and Apache Iceberg file exports), Real-Time Streaming (low-latency pipelines for applications requiring fresh data), and a REST API providing programmatic access to datashares, historical balances, and wallet-level queries. The platform holds SOC 2 Type II certification and is GDPR compliant. A proprietary quality framework continuously monitors completeness, integrity, and reliability across every supported chain. Key products include the Historical Streaming service, which covers transaction-level data and decoded event logs from genesis to near real-time across all supported networks; the Balance API, a REST endpoint for querying real-time and historical wallet balances across EVM chains and Solana; Console 2.0, a self-serve analytics dashboard launched in January 2026; Satellite, an analytics sub-platform for real-time insights and forensic analysis; and domain-specific datasets for staking, DeFi, tokens and payments, real-world assets, proof-of-reserve, and risk and credit scoring. In December 2024, SonarX partnered with AWS Open Data to make a selection of indexed datasets freely available. For Solana specifically, SonarX provides three dedicated Balance API endpoints: native SOL balances by account address, SPL token balances for specific token accounts, and complete SPL token state for wallet owners. Because Solana uses an account-based architecture with different finality mechanics than EVM chains, SonarX implements timestamp-based snapshots aligned to deterministic 10-minute intervals rather than block-based queries, making SOL and SPL token balance queries reproducible and predictable without requiring operators to run their own RPC infrastructure. Beyond the Balance API, SonarX's historical streaming and datashare products extend to Solana, covering transaction history from genesis, enabling DEX analytics, staking data aggregation, DeFi protocol monitoring, wallet profiling, and regulatory reporting for exchanges and custodians serving Solana assets. SonarX does not operate a protocol token. In May 2026, SonarX acquired Flipside Crypto's blockchain data business in a deal that doubled its enterprise customer base and added seven trillion rows of curated on-chain data, 700 million resolved wallet identities, and coverage of 1,000+ protocols across DeFi, RWA, and stablecoins — including significant Solana coverage given Flipside's historical focus on that ecosystem. Flipside itself pivoted to its enterprise AI platform, edisyl, following the sale. SonarX competes in blockchain data infrastructure alongside Allium, Dune, The Graph, and Nansen, differentiating through institutional-grade delivery mechanisms, SOC 2 compliance, reorg-aware quality guarantees, and GDPR compliance rather than community-oriented self-serve tools.