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Business

ConsenSys Tool Infura’s User Numbers Grow 250% in Under a Year

The product has seen users surge to 350,000 from fewer than 100,000.

By Jamie Crawley
AccessTimeIconNov 10, 2021 at 9:30 a.m. UTC
Updated Nov 10, 2021 at 3:34 p.m. UTC
ConsenSys founder Joseph Lubin is also a co-founder of Ethereum. (CoinDesk archives)

ConsenSys founder Joseph Lubin is also a co-founder of Ethereum. (CoinDesk archives)

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Jamie Crawley is a CoinDesk news reporter based in London.

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Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.
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Infura, a blockchain development tool from ConsenSys, now has over 350,000 users for its service to connect to Ethereum and build decentralized apps (dapps).

  • The product has seen the number grow from 100,000 less than a year ago, an increase of 250%, Consensys announced Tuesday.
  • Infura allows developers to connect to the Ethereum blockchain using an API without having to run a full node, and underpins the majority of dapps on the network.
  • Among the projects using infrastructure provided by Infura are decentralized exchange Uniswap, decentralized finance (DeFi) protocol MakerDAO and digital wallet MetaMask
  • ConsenSys also noted that 13% of Infura’s requests are on layer 2 networks, pointing to an increasing demand for Ethereum scaling services.

Read more: ConsenSys Holds Funding Round Talks With $3B Valuation

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Jamie Crawley

Jamie Crawley is a CoinDesk news reporter based in London.

Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.

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Jamie Crawley

Jamie Crawley is a CoinDesk news reporter based in London.

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