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Are channels part of HUB ? 
I mean if I sync HUB to Postgres , the data includes channel specific information ?

Training myself to become a public market investor .

Explorer. Code, design, and mountains. Building Shopify. /matallo

So currently each channel on Warpcast  is an NFT , casts within a channel are replies to that NFT . 

If you have a list of channels on client then it would be easy to replicate the current Warpcast channel’s experience. But there is nothing special to query Hub for channels directly.

Is my understanding correct .

I don’t believe so. The data exists and if you know the parent Nft is easy to replicate the experience but right now channels live as a tags field in the client (Warpcast)