When choosing an on-chain data provider, it’s easy to get lost in lists of features. But the key question is simple:What do traders actually need?The answer isn’t just raw events or ticks; it’s contextual on-chain data, delivered with low latency.Raw feeds (like trade ticks or transfers) tell you what happened. Contextual feeds tell you why it matters.With that lens, we list the top criteria most traders look for in a data provider, and here’s how Bitquery, Birdeye, and Codex compare:LatencyMost traders will mention latency as their top requirement. “low-latency (