Convoy is an open-source and cloud webhooks gateway for sending, receiving, and managing webhook events reliably, with a free Community edition and a…
Best for Convoy: Convoy fits engineering teams that need reliable webhook infrastructure -- incoming and outgoing event delivery with automatic retries, payload signing, and SSRF protection -- whether self-hosted for free on the Community edition or via Convoy Cloud.
Best for SQD: SQD fits teams and applications that need real-time or historical blockchain data across a large number of networks (225+), from a free public API up to dedicated enterprise data portals.
At a Glance
Convoy
SQD
Primary category
API Tools
API Tools
Rating
Not documented
Not documented
Pricing model
Freemium
open-source
Starting price
Free
Free (open-source SDK; Cloud usage-based pricing)
Free plan
Yes
Not documented
Free trial
Yes
Not documented
Platforms
Not documented
Not documented
Team collaboration
Not documented
Not documented
AI features
Not documented
Not documented
Public API
Yes
Yes
Key Differences
Core Purpose
Convoy: Convoy manages the reliable sending, receiving, and delivery of webhook events, including automatic retries and payload signing.
SQD: SQD provides blockchain data itself across more than 225 networks.
Convoy is event-delivery infrastructure, while SQD is a blockchain data source -- they address different parts of a data pipeline.
Pricing Structure
Convoy: Convoy has a free open-source Community edition, a $999/month self-hosted Premium plan, and custom Enterprise pricing; Cloud also offers a 14-day free trial.
SQD: SQD offers a free public API and paid dedicated enterprise data portals, with no other pricing figures published.
Convoy's pricing ladder is explicit up to $999/month, giving buyers a concrete mid-tier reference point that SQD doesn't publish.
Reliability & Security Features
Convoy: Convoy includes automatic retries, payload signing and verification with rolling secrets, and built-in SSRF attack prevention.
SQD: Not documented -- no equivalent reliability or security feature list is provided for SQD.
Teams delivering webhooks at scale need documented retry and security guarantees, which Convoy provides explicitly.
Compliance Certifications
Convoy: Convoy is SOC 2 and GDPR compliant, with SSO/SAML support on higher tiers.
SQD: Not documented for SQD.
Regulated industries or enterprise buyers often require SOC 2/GDPR attestations before adopting infrastructure, which only Convoy documents here.
Self-Hosting Options
Convoy: Convoy's Community edition is free and open source for self-hosting (Elastic License v2.0), with Premium self-hosted at $999/month.
SQD: Not documented whether SQD offers a self-hosted option; it's presented as an API/portal service.
Teams wanting to run infrastructure entirely in-house have a documented free option with Convoy, unlike SQD.
Feature-by-Feature
Core Function
Feature
Convoy
SQD
Webhook sending/receiving gateway
Available
Unavailable
Blockchain data (real-time/historical)
Unavailable
Available
Automatic retries for failed deliveries
Available
Not documented
Security & Compliance
Feature
Convoy
SQD
Payload signing/verification
Available
Not documented
SSRF protection
Available
Not documented
SOC 2 / GDPR compliance
Available
Not documented
Access & Cost
Feature
Convoy
SQD
Free tier
Available
Available
Published mid-tier price
Available
Unavailable
Self-hosting
Available
Not documented
Pricing Compared
Starting price reflects the lowest paid tier, not the full cost for every team size or usage level.
Free, open-source self-hosted option gives full control over webhook infrastructure and data
Purpose-built reliability features (retries, rate limiting, circuit breaking) reduce the need for custom in-house solutions
Handles both outbound and inbound webhook use cases in a single gateway
Transparent, accessible Cloud pricing for small teams alongside enterprise options for scale
Cons
Licensing has shifted from MPL 2.0 toward the Elastic License 2.0 for some components, which may affect certain commercial redistribution use cases
Smaller company and ecosystem compared to some dedicated webhook competitors
Self-hosting requires operational overhead (infrastructure, upgrades, scaling) if the managed Cloud option is not used
Enterprise pricing requires a sales conversation rather than transparent published rates
SQD
Pros
Core SDKs and data access are free and open source
Very low latency and high data correctness for on-chain queries
Single API covers 225-plus networks instead of separate integrations
Self-hosting option available for teams wanting full control
Used in production by well-known DeFi protocols managing billions in TVL
Cons
Cloud pricing is usage-based and less predictable than flat subscription tools
Recent acquisition by Rezolve Ai introduces uncertainty about product direction
Primarily targeted at Web3 and blockchain developers, not a general-purpose tool
Requires technical setup and indexing knowledge to get full value
Company size and support structure post-acquisition are not publicly detailed
Use Cases
Choose Convoy: Convoy fits engineering teams that need reliable webhook infrastructure -- incoming and outgoing event delivery with automatic retries, payload signing, and SSRF protection -- whether self-hosted for free on the Community edition or via Convoy Cloud.
Choose SQD: SQD fits teams and applications that need real-time or historical blockchain data across a large number of networks (225+), from a free public API up to dedicated enterprise data portals.
Need both: A Web3 application could use SQD to pull blockchain event data and then route resulting notifications to downstream services reliably through Convoy's webhook gateway, with automatic retries and payload signing.
Convoy
SaaS platform webhook delivery — SaaS companies use Convoy to reliably deliver outbound webhook notifications to their own customers' endpoints with retries and monitoring.
Secure inbound webhook ingestion — Companies use Convoy to receive webhooks from providers like Stripe or Twilio and route them internally without exposing internal services to the public internet.
Self-hosted compliance-driven deployments — Organizations with data residency or compliance requirements self-host Convoy's open-source engine to keep webhook event data within their own infrastructure.
SQD
DeFi protocol data indexing — Protocols index on-chain events like swaps, deposits, and liquidations in real time to power dashboards and risk systems.
Blockchain analytics platforms — Analytics products query historical and real-time on-chain data across many networks through a single API instead of managing separate RPC integrations.
AI agents needing on-chain data — AI agents use validated, low-latency on-chain data feeds to make trustworthy decisions involving blockchain state.
Frequently Asked Questions
Is Convoy free like SQD's public API?
Convoy's Community edition is free and open source for self-hosting; paid Premium ($999/month) and Enterprise tiers add features like RBAC, SSO, and priority support. SQD similarly offers a free public API alongside paid enterprise data portals.
Do Convoy and SQD compete for the same use case?
No -- Convoy is a webhook gateway for reliably sending and receiving events, while SQD is a blockchain data provider across 225+ networks; they address different infrastructure needs.
Is Convoy SOC 2 compliant?
Yes, Convoy is SOC 2 and GDPR compliant with SSO/SAML support on higher tiers; no comparable compliance certifications are documented for SQD.
What license is Convoy's open-source code under?
The Elastic License v2.0, rather than a fully permissive license.
Could Convoy and SQD be used together?
Plausibly -- a Web3 application could pull blockchain data from SQD and use Convoy to reliably deliver resulting event notifications to downstream services with automatic retries and payload signing.
How many blockchain networks does SQD support?
More than 225 networks, with both real-time and historical data available.