The Decentralized Data Revolution is Here.

Explore our research and insights on the protocols and assets building the data infrastructure for Web3.

Download Our Sector Overview
Abstract graphic representing data flowing from centralized servers to a decentralized network of nodes.

Mapping the Decentralized Data Stack

Navigate the complex landscape of the decentralized data economy with our comprehensive market cartography.

Infographic mapping key projects in the decentralized data ecosystem, including Storage (Filecoin, Arweave, Sia), Indexing & Querying (The Graph, Covalent), Data Marketplaces (Ocean Protocol), and Confidential Compute (Phala Network, Oasis).
An illustrative map of the burgeoning decentralized data ecosystem, categorized by function.

Layer 1: Storage

Decentralized solutions for data persistence and availability, critical for Web3 infrastructure. Projects include Filecoin, Arweave, and Sia.

Layer 2: Indexing & Querying

Protocols enabling efficient access and organization of blockchain data. Key players are The Graph and Covalent.

Layer 3: Data Marketplaces

Platforms for discovery, exchange, and monetization of data in a trustless environment. Ocean Protocol leads in this domain.

Layer 4: Confidential Compute

Protecting data privacy during computation, a crucial step for enterprise and sensitive data applications. Exemplified by Phala Network and Oasis.

Our Research & Analysis

Sonic Labs delivers in-depth reports and valuation models specifically tailored for data-centric crypto assets.

Report cover for 'The Case for Decentralized Storage'.

The Case for Decentralized Storage: A Valuation Deep-Dive on FIL vs. AR.

An essential read for understanding the competitive landscape and investment potential of Filecoin and Arweave.

Read More
Report cover for 'Indexing the Future: How The Graph (GRT) is Becoming a Core Web3 Utility'.

Indexing the Future: How The Graph (GRT) is Becoming a Core Web3 Utility.

A detailed analysis of The Graph's role in the Web3 stack and its long-term investment implications.

Read More
Report cover for 'Investment Thesis: The Rise of Data DAOs and On-Chain Data Monetization'.

Investment Thesis: The Rise of Data DAOs and On-Chain Data Monetization.

Explore the emerging paradigm of data ownership and monetization through Decentralized Autonomous Organizations.

Read More

Expert Insights from Our Austin Team

Portrait of Mark Johnson, Head of Web3 Research at Sonic Labs.

"The battle for decentralized data will be a defining theme of the next decade. We're focused on identifying the long-term winners and providing clarity in a rapidly evolving sector."

Mark Johnson, Head of Web3 Research, Sonic Labs

Mark Johnson leads our dedicated Web3 research division, bringing over a decade of experience in financial technology and emerging digital markets. His team in Austin specializes in deep-dive analysis of decentralized protocols, token economics, and strategic investment opportunities within the data economy.

Stay Ahead of the Curve

Get our 'Decentralized Data' weekly insights brief directly in your inbox.

Receive exclusive analysis, key metrics, and investment ideas in this fast-moving sector. We respect your privacy.