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Finance and payments · MCP server

SQD: MCP server, setup and security

SQD is an open-source MCP server that lets an AI agent query onchain data across multiple networks through SQD Portal API. Its repository has 2 stars and its last commit is from October 2, 2026 and it is licensed under MIT.

Score
63/100
Adoption (stars) 3/40
Maintenance 30/30
Framework (licence, registry, official) 30/30
OfficialActively maintainedRemote server

What SQD does

According to its repository: “Query onchain data across EVM, Solana, Bitcoin, Substrate and Hyperliquid via the SQD Portal API.”

An MCP server gives an AI agent extra tools it calls during the conversation: the agent reads their description, decides to use them and gets the result back. SQD is listed under Finance and payments, a category of 202 servers in the directory, where it ranks #171 by stars.

Topics declared by the repository: ai-agents, blockchain, sqd, subsquid, typescript, web3.

Installing and connecting SQD

Distribution modes declared in the official MCP registry:

  • remote server (streamable-http): you connect to it by URL, with nothing to install locally

Like any MCP server, you declare it in your client's configuration (Claude Desktop, Claude Code, Cursor, VS Code, Codex…): a name, the command that starts it or its URL, and any environment variables. The client then starts it and lists its tools. Project language: TypeScript.

Security: what to check

An MCP server runs code with the rights you give it, and the model reads its tool descriptions: a malicious or compromised server can hijack the agent. Read the code, or pick a maintained and widely used server, before connecting it.

None of the risk signals we track (system access, secrets, missing licence, abandonment) applies to SQD. That does not replace reading the code.

Good practice: grant only the rights needed (least privilege), require human approval for irreversible actions, and run the AI agent security check.

Project activity and maintenance

Created on February 4, 2026, the subsquid-labs/portal-mcp-server repository has 2 stars and 0 forks, with 2 open issues. It has more stars than 8% of the servers in the directory. It received changes this month. Version published in the registry: 0.8.5 (September 5, 2026).

Stars measure attention, not quality: a recent, heavily promoted project can collect them fast, while a useful but niche server will have few.

Finance ToolkitFinance Toolkit : 5.5K5.5KTradingMCPTradingMCP : 5.1K5.1KTradememory protocolTradememory protocol : 1.4K1.4KCNEquityCNEquity : 846846Metatrader MCP serverMetatrader MCP server : 837837EVMoleEVMole : 473473OpenAccountantsOpenAccountants : 460460AkTools MCP ServerAkTools MCP Server : 391391SQDSQD : 22
GitHub stars of the most followed servers in the category (log scale); SQD in orange. Checked October 25, 2026.

Verdict

SQD is a reasonable choice; check the points below before connecting it.

Strengths

  • Maintained by the service's own vendor
  • Active project: recent commit
  • Listed in the official MCP registry
  • Usable remotely, without installation
  • Permissive licence (MIT)

Limitations

  • Few visible users

Frequently asked questions

How do I install SQD?

SQD is distributed as a remote server. Add it to your client's MCP configuration (Claude Desktop, Cursor, VS Code…) following the README of subsquid-labs/portal-mcp-server.

Is SQD free?

The code is published under the MIT licence and can be used free of charge.

Is SQD safe?

No risk signal found (system access, secrets, licence, abandonment). As with any MCP server, keep rights minimal and read the code before sensitive use.

Is it an official server?

Yes: the awesome-mcp-servers list marks it as the service vendor's official implementation.

What are the alternatives to SQD?

In the same category: TradingMCP, Finance Toolkit, Tradememory protocol, and Tapetide Indian Stock Market MCP. TradingMCP and Finance Toolkit score higher on our grid.

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Neutrality. No affiliate links. No vendor pays to be reviewed, rated or ranked. Reviews are directed by François Chollet, neutral and factual, and every data point is dated and sourced. How we score