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Powerloom
Powerloom is a decentralized data protocol for Web3 that provides consensus-backed, peer-validated onchain data through a network of snapshotter nodes, validators, and configurable data markets, serving developers, DeFi dashboards, bots, and AI agents. As of mid-2026 the founders announced an orderly wind-down of the project, with the chain and hosted services being shut down.
Distributed
Description
Powerloom Protocol coordinates snapshotter nodes, validators (via its Decentralized Sequencer-Validator network, DSV), curators, and consumers to produce peer-validated, consensus-backed observations of smart contract state transitions and events, which are composed into queryable, verifiable datasets. Its flagship products include Pooler (a Uniswap V2 data market/dashboard), the BDS (Blockchain Data Service) data market delivering block-accurate Uniswap V3 price feeds and other DeFi data on Ethereum mainnet, and agent-facing tooling (OpenClaw skill, hosted MCP endpoints, and the headless bds-agent CLI) that let developers, DeFi dashboards, trading bots, and AI agents consume verifiable onchain data without running their own indexing infrastructure. Powerloom operated its own L2 chain (built on the OP Stack with EigenDA) and a POWER token used for staking, node operation, and rewards. In June 2026 the two co-founders announced that Powerloom is winding down due to an unsustainable operating model, publishing an orderly shutdown timeline covering epoch/reward cessation, API and hosted service shutdowns, node/staking dashboard closure, and eventual permanent shutdown of the Powerloom chain around July 21, 2026.Grant Funding
VC Funding
None
2021
$0
$3.1M