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Helius

Provides Solana RPC APIs and infrastructure

Overview

Helius provides infrastructure for Solana developers, offering a suite of RPC APIs, webhooks, and other developer tools to build and deploy crypto applications. Its product works by giving subscribers access to high-performance API endpoints that connect to the Solana blockchain, plus webhook delivery and related tools, so developers can build, scale, and rely on their apps without managing underlying network infrastructure. Compared with competitors, Helius focuses specifically on Solana and offers a subscription-based model with developer-centric features and programs like the Helius Hacker Program to support innovation and collaboration. The company's goal is to help developers create scalable, dependable crypto applications by supplying robust infrastructure and services tailored for Solana.

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About Helius

Simplify's Rating
Why Helius is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Enterprise SoftwareCrypto & Web3

Company Size

51-200

Company Stage

Series B

Total Funding

$34.4M

Headquarters

Toronto, Canada

Founded

2022

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What believers are saying

  • Parsed Events Scan launched November 3, 2026, cutting Solana history search costs sharply.
  • Watchtower launched November 6, 2026, expanding security monitoring demand across Solana teams.
  • Helius joined SRI in April 2026 and now sells institutional-grade Solana credibility.

What critics are saying

  • QuickNode, Triton, and Alchemy can copy features, crushing pricing power by 2027.
  • Preconfirmations coverage is not continuous; low-stake coverage leaves traders exposed.
  • SOL treasury pivot ties Helius valuations to Solana price swings; a 2026 crash breaks the story.

What makes Helius unique

  • Helius owns Solana-specific infrastructure, not generic multichain RPC.
  • rpc-perf-dash ranked Helius first on July 24, 2026 across four providers.
  • June 2026 Light acquisition adds ZK Compression and privacy engineering depth.

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Funding

Total Funding

$34.4M

Below

Industry Average

Funded Over

3 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
$45M
$65M
$100M

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Remote Work Options
  • Flexible Work Hours
  • Paid Vacation
  • Wellness Program
  • Professional Development Budget
  • 401(k) Company Match

Growth & Insights and Company News

6 month growth

-3%

1 year growth

3%

2 year growth

21%
Solana Compass
Nov 6th, 2026
Helius releases Watchtower, a free open-source security monitor for Solana programs.

Helius releases Watchtower, a free open-source security monitor for Solana programs. Helius has released Watchtower, a free MIT-licensed tool that grades Solana program security and alerts on upgrades, admin calls and multisig proposals. Helius hSOL$107.230.0% has released Watchtower, a free, open-source security monitor for Solana programs. Point it at a program and it grades the program's security setup, then alerts in real time on admin calls, multisig proposals and upgrades, according to the launch thread from Helius's Ichigo, who wrote the tool. The code sits on GitHub under the helius-labs organisation with an MIT licence, so any team can run, fork or extend it. Its first commit, titled "initial release of Watchtower", landed on 5 November 2026, and the public launch followed on 6 November 2026. What helius Watchtower monitors on a Solana program. Watchtower watches the controls that let someone change a Solana program or move its money. An upgradeable program has an upgrade authority, the key that can replace its code, and some teams put that key and their treasury behind a multisig, a wallet that needs several signers to approve an action. Watchtower tracks changes to both. The README lists detectors for program deployments, upgrade proposals, multisig proposals and changes, mint authority changes, privileged instructions, treasury outflows, key and nonce authority transfers, IDL changes, config updates and build verification. Alerts go to the terminal, Discord, Slack, Telegram or a webhook. The detector that ties these together looks for a takeover in progress. Per the README, the attack-chain detector raises "one critical alert when control, risk and drain stages of a takeover line up within 24 hours". A change in who controls a program, then a risky action, then funds leaving, adds up to a single top-priority warning. Grading is a points system. Each program, multisig or key starts at 100 points, a failed check costs 25 and a warning costs 10, and the lowest-scoring subject sets the overall grade, from A (90 or more) to F (below 40), according to the README. Replaying past Solana exploits, including Drift. Watchtower can run every detector over an earlier window of transactions, which the README describes as a way "to see what an exploit would have triggered". The repo's commit history shows Ichigo adding "a nightly replay of the Drift exploit" to the project's automated runs on 5 November 2026. Drift is the kind of takeover the attack-chain detector describes. Drift Protocol DRIFT$0.013+6.1% lost roughly $268 million to $285 million on 1 April 2026 in an exploit that rekt.news attributed to an admin key compromise. The same report says Helius CEO Mert flagged the exploit publicly almost an hour before Drift confirmed it, by which time the drain had finished. Watchtower turns that kind of watching into software a team can point at its own program. How to run Watchtower with your own Helius API key. Watchtower runs locally, from a dashboard or a command line, using your own Helius API key, Ichigo wrote in the thread. The README asks for Node.js 22 or later and pnpm, and serves the dashboard at 127.0.0.1:4545. The tool works on mainnet only, recognises Squads v3 and v4 multisigs, and needs a program's published IDL (the file describing its instructions) to decode every instruction in full. Under the hood it reads two Helius products that left beta in September: Parsed Events, which returns an address's history already decoded, and Parsed Streams, which pushes the same decoded transactions live over WebSocket. Helius's documentation says Parsed Events is available on all plans, including Free, at 10 credits per request, with history scans costing 10 credits plus 1 per page. That scan endpoint is the Parsed Events Scan API Helius launched this month, and Ichigo invites developers to fork Watchtower, add detectors, or use it as a reference for building on Parsed Events. Watchtower's first commit is dated 5 November 2026, and no independent review of how well its detectors catch real attacks has been published. Because the code is open, a team can read exactly what each check looks for before relying on its grade. Keep up to date with the Solana eco Solana Compass is an independent Solana analytics and staking platform, operating a validator on Solana mainnet since September 2021. Its network statistics and...

Solana Compass
Nov 4th, 2026
Helius launches Parsed Events Scan API to search any Solana address's transaction history server-side.

Helius launches Parsed Events Scan API to search any Solana address's transaction history server-side. Helius's Parsed Events Scan API, launched 3 Nov 2026, searches any Solana address's history server-side by program, instruction or mint for up to 20 credits. Helius hSOL$111.61+1.0% has released the Parsed Events Scan API, which searches any Solana address's transaction history on Helius's own servers. It returns only the transactions that match, already decoded. A developer names the address and what to look for (a program, specific instructions, a token mint or native SOL), and Scan returns the parsed matches, their signatures or a count. Helius published the launch post on 3 November 2026, written by developer experience engineer 0xIchigo and software engineer Jacopo Francavilla. Keep up to date with the Solana eco Scan is the newest piece of Parsed Events, the decoding product Helius took out of beta in September. That release decoded a single transaction or an address's history on request. Scan adds the search: Helius filters the history first, so the developer receives only the activity they asked for. What the Parsed Events Scan API replaces for Solana developers. Until now, finding one kind of activity in a Solana address's history meant building the search yourself. The Helius blog sets out the loop: fetch a page of transaction signatures, request each transaction, decode it with your own parsers, apply your filters, and repeat until you have enough matches. "On a busy address, you're stuck processing thousands of transactions before finding a match," the post says. Scan moves that loop to Helius's side. The developer defines the match once, and Helius pages through the history, applies the filters and parses only the transactions that pass. Helius CEO Mert Mumtaz, replying to the announcement on X, said the problem predates the company: the use case "destroyed my mental health so many times in 2021 that we had no choice but to start helius". In a later reply he credited Helius engineers nick_pennie and Giapif, Jacopo Francavilla's handle, with building it. How Scan filters by program instruction, discriminator, token mint and native SOL. The Scan API matches transactions by program, by named instruction, by raw instruction discriminator, by token mint, by native SOL, or by a combination, according to the Scan API reference. Requests can also be bounded by slot, time or signature, and limited to successful or failed transactions. * Instruction names come from the program's IDL, the published file that describes a program's instructions and accounts. Scan checks both top-level instructions and inner instructions, the calls one program makes to another. * Programs without an IDL can be searched by discriminator, the first one to eight bytes of instruction data that identify which instruction is being called. * Up to 20 programs fit in one request, and a transaction matches if it calls any of them. Helius's example pulls one wallet's trades across Jupiter JUP$0.255+4.2%, DFlow and Pump.fun in a single scan. * Token mint matches read each transaction's token balances. Native SOL has its own pseudo-mint and matches on any change in the address's SOL balance other than the fee, which also catches Jito tips and account rent moving in or out. Two settings decide what counts. By default, a match must involve the scanned address itself, so a wallet scan for a token needs tokenAccounts set to balanceChanged to catch transfers that touch only the wallet's token account. Setting scope to transaction counts a program or mint anywhere in the transaction, which the blog recommends for relayers that only pay fees and for multisig members executing a proposal. The blog's suggested uses include tracking a program's failed calls with decoded errors and watching admin instructions for fee or parameter changes. Parsed Events Scan pricing and limits: 10 credits plus 1 per 1,000 transactions. Each Scan request costs 10 credits plus 1 credit per history page scanned, and a page holds up to 1,000 transactions, according to Helius's credits page. A request scans up to 10,000 transactions by default, which caps it at 20 credits, and returns up to 100 matches. Returning parsed transactions, signatures only or a count costs the same, and each response reports the exact charge. Helius's worked example searched the Pump.fun program for its 10 most recent creator fee claims, a rare instruction among the program's buys and sells. Scan read 3,402 transactions in 182 milliseconds and charged 14 credits. The blog says the same search through getTransactionsForAddress would cost 350 credits, 25 times more, "before any of them are parsed". Helius's announcement post described Scan as "10x faster and 30x cheaper". All of these figures come from Helius's own tests. The Pump.fun program is a fair stress case for that kind of search. On 3 November 2026, the day Scan launched, about 29.2 million transactions involved the program, according to Solana Compass program data. That averages out to roughly 340 a second, so by its arithmetic the 3,402 transactions in Helius's creator-fee test amount to about ten seconds of the program's activity. Helius says Scan saves the most when the activity being searched for is rare. Common activity fills a request quickly: searching the same program for buy and sell instructions, the blog's demo found 100 matches after scanning 261 transactions, for 11 credits. Sparse matches work the other way, and a request can reach its scan budget with nothing to show. The response then carries a pagination token, and Helius tells developers to keep paging, because an empty page can mean the budget ran out before the next match turned up. Scan, Enhanced Transactions and getTransactionsForAddress compared. getTransactionsForAddress is the Helius RPC method for pulling an address's history, which Helius presented at Breakpoint 2025. It returns unparsed transactions for the developer to decode and filter, priced at 100 credits per 1,000-transaction page in the blog's comparison. Scan does the filtering and decoding on Helius's side and bills for the history pages it reads. The Enhanced Transactions API, Helius's older parsed-data product, sorts activity into a fixed set of types such as swaps, transfers and NFT sales. The blog says it "remains available in maintenance mode", with no new parser types or feature work, and the migration guide gives no end-of-life date. The guide points developers who filtered Enhanced Transactions by type to the Scan endpoint for server-side filtering. The same guide says Parsed Events covers more than 3,600 programs and costs 10 credits per request, against 100 for Enhanced Transactions. Scan is available in Helius's TypeScript SDK as helius.parsedEvents.scan, in the Rust SDK, in the Helius CLI and MCP server, and as a scan tool in the Helius dashboard. Helius's demo searched the wallet of the trader Ansem for wrapped SOL activity in September 2026 and found 53 matches in 7,555 transactions. Who the Helius Scan API is for, and what to check. Scan is built for apps that need one slice of an address's past: a wallet's full trading history across venues, how often it used a program in a date range, or every fee change on a protocol's config account. The blog pitches it at teams who "know the onchain activity you need but do not want to build and maintain a client-side history scanner". Faster access to Solana's history has drawn other work this year, including Triton One's open-source SuperBank ledger layer and Helius's own balance-at endpoint for past wallet balances. Developers on Helius's free plan should confirm Scan access on their account. The migration guide says Parsed Events is "generally available on all plans, including Free", and the Scan reference does not list plan requirements. The cost claims are easy to test, since every Scan response reports the credits it charged. Solana Compass is an independent Solana analytics and staking platform, operating a validator on Solana mainnet since September 2021. Its network statistics and...

Solana Compass
Sep 11th, 2026
Jito BAM preconfirmations go live on Solana, covering 34% of network stake.

Jito BAM preconfirmations go live on Solana, covering 34% of network stake. Jito BAM preconfirmations launched September 9 on Solana mainnet, covering Jito JTO$0.432-1.4% activated preconfirmations for its Block Assembly Marketplace on Solana mainnet on September 9, routing early transaction signals to traders through distribution partners Helius hSOL$118.56-2.3% and Triton One. At launch, BAM-compatible validators account for 34.1% of all staked SOL across 383 of 665 active validators, per SolanaFloor. The launch opens a new fee stream for those validators, with first distributions scheduled for October 2026. Keep up to date with the Solana eco BAM validator share Jito DAO treasury share Distribution partner share How BAM preconfirmation revenue flows to validators and the DAO. Revenue from preconfirmation subscriptions splits three ways, per CryptoBriefing: 35% to participating validators by stake weight, 35% to the Jito DAO treasury, and 30% to the infrastructure providers routing streams to subscribers. Helius and Triton One share that 30% as launch distribution partners. The DAO treasury allocation is governed by holders of the JTO... token. Rewards are paid monthly as stake-weighted priority fees. Enforcement is mechanical. A BAM Verifier monitors each finalized block against the preconfirmation commitments the validator broadcast. Validators whose blocks deviate from those commitments face network disconnection. Over the 30 days ending September 10, Jito's block engine tips averaged roughly 1,500 SOL per day, per Solana Compass fee analytics. BAM preconfirmation fees beginning in October will supplement that existing tip revenue. What AgaveBAM and FireBAM Require, and the 5-10ms Latency Advantage. Validators running the Jito-Solana client join by adding a -bam-url flag; those running Firedancer participate through the FireBAM client. No hardware changes are required, and the BAM documentation notes that JitoSOL... rankings and vote credits are unaffected provided validators avoid downtime. For subscribers, BAM signals arrive after a validator has scheduled a transaction but before it is packed into entries and shreds. Early testing showed a 5-10ms advantage at the p50 latency mark versus shred-based signals, the window high-frequency strategies depend on for execution edge. As Helius's preconfirmations documentation makes clear, a preconfirmation is an early signal rather than a guarantee: a scheduled transaction has not yet landed on-chain and could still fail or be dropped. BAM uses Trusted Execution Environments as hardware enclaves to handle transaction sequencing separately from validator execution, letting the network verify that sequencing commitments were not altered before a block is built. Jito CEO Lucas Bruder told SolanaFloor the system "consistently offers the highest compute units and user transactions per block" compared with rival clients. BAM stake share grew from 12% to 34% through 2026. BAM adoption among validators climbed steadily before preconfirmation revenue went live. Coverage stood at roughly 12% of network stake in January 2026 and reached 34.1% by September 9, per SolanaFloor. An early mainnet phase ran for approximately a year before payouts activated, giving validators time to migrate ahead of any revenue incentive. The preconfirmations rollout follows the Q2 2026 activation of BAM's Maker Priority Plugin, a separate product on the same client stack. MPP had 17 operators at launch, including BisonFi, Tessera, and SolFi. Jito's development roadmap lists expanding MPP to additional markets and introducing intra-slot clock mechanisms to counter toxic order flow. Bruder previewed the BAM architecture in a December 2024 Lightspeed podcast and presented the system at Breakpoint 2025. Solana Compass is an independent Solana analytics and staking platform, operating a validator on Solana mainnet since September 2021. Its network statistics and...

Solana Compass
Jul 24th, 2026
Helius open-sources rpc-perf-dash, a global Solana RPC benchmark with anti-gaming safeguards.

Helius open-sources rpc-perf-dash, a global Solana RPC benchmark with anti-gaming safeguards. Helius open-sourced rpc-perf-dash on July 22: a continuous Solana RPC benchmark across six global regions that uses randomized inputs to prevent provider gaming Helius hSOL$87.58+0.8% released rpc-perf-dash on July 22, an open-source system that runs continuous benchmarks against public Solana RPC providers across six global regions. Helius engineer Nick Pennie announced the tool on X that day, calling out existing benchmarks as "horribly flawed" for being non-global, running over home internet connections, ignoring tail latencies, omitting freshness and correctness checks, and cherry-picking time ranges. Keep up to date with the Solana eco The repository is licensed under Apache-2.0 and accepts community contributions. A live dashboard at helius.dev/benchmarks displays rolling results; the system collected more than 35 million samples in the 24 hours preceding publication. Why existing Solana RPC benchmarks fall short. The core problem with provider-published benchmarks is that providers can optimize their services specifically for known test inputs, producing numbers that do not reflect real application behavior. When benchmark parameters are predictable, results can be engineered rather than earned. rpc-perf-dash uses a commit-reveal scheme to address this. Before each challenge round, the system draws its parameters from live Solana chain state and commits to them under a hidden seed. That seed stays concealed until the challenge's time-to-live expires, so providers receive no advance view of the test inputs. After each round, anyone can verify that the parameters were fixed before responses arrived. Correctness is established by majority-vote consensus across all provider responses for each challenge. Scoring formulas, consensus rules, and eligibility thresholds are documented in docs/methodology.md within the repository. 45 methods tested across six regions and four cloud providers. Per the repository, the benchmark tests approximately 45 RPC methods covering block and transaction lookups, account and token reads, and chain-metadata calls. Challenges run from six regions across four cloud providers (TSW, AWS, GCP, and Cloudflare), spanning US, EU, and APAC zones. Per the benchmark's default scoring, each provider is graded on five weighted dimensions: latency at p50 and p95 (25%), win rate measured as the share of rounds where a provider returned the fastest correct response (25%), cross-region reliability (25%), data correctness (20%), and data freshness (5%). The weights are user-configurable, so teams prioritizing latency for trading applications can score differently from teams where correctness takes precedence. Freshness is scored separately from correctness. A response can be accurate but stale, which rpc-perf-dash treats as a distinct failure mode relevant to any application reading real-time chain state. Current rankings on the benchmark dashboard. As of July 24, the dashboard ranked four providers against the default scoring weights. Helius led with 91.2 out of 100, ahead of QuickNode at 85.1, Triton at 78.6, and Alchemy at 70.4, per the dashboard. 91.2 / 100 85.1 / 100 78.6 / 100 70.4 / 100 Helius built rpc-perf-dash and currently ranks first in it. The open-source design and the self-run option are the primary checks on that conflict: the repository is public, the methodology is documented, and anyone can clone the project and produce independent measurements. How to add providers and verify results independently. The system is designed to add providers beyond the four it currently tracks; the README notes that additional providers can be included via configuration. Nathan Liow, who contributed to the project alongside Pennie, wrote on X that the goal is for the tool to "keep rpc providers accountable and accelerate the Solana ecosystem." Helius has been expanding its developer tooling in 2026. In June, the team launched the balance-at API, which lets developers query any Solana wallet's historical SOL or token balance at a past timestamp in a single call. Solana Compass is an independent Solana analytics and staking platform, operating a validator on Solana mainnet since September 2021. Its network statistics and...

Helius
Jun 11th, 2026
Helius acquires Light to build the canonical privacy layer for Solana

Helius is acquiring the Solana privacy startup, Light Protocol, to build an onchain privacy solution.

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