API3 Price
(API3)
USD($)
API3 (API3) Live Price Chart
Overview
About
Analysis
FAQ
API3 Live Price Data
The live price of API3 is $1.6, with a total trading volume of $ 245,605 in the last 24 hours. The price of API3 changed by -4.14% in the past day, and its USD value has decreased by -22.99% over the last week. With a circulating supply of 86,421,978 API3, the market cap of API3 is currently 136.76M USD, marking a --% increase today. API3 currently ranks #240 in market cap.
How do you feel about API3 today?
Note: This data is for reference only.
API3(API3) Profile
Rank240
BBExpand 
Website
Documentation
Explorer
Contract
- Ethereum 0x0b3821...88a
Audited By
- https://certificate.quantstamp.com/full/api-3
- https://www.certik.com/projects/api3
Code & Community
Investors
- Pantera Capital
- Digital Currency Group
- Hashed
- CoinFund
- Rarestone Capital
- Solidity Ventures
- Faculty Capital
- Placeholder
- Accomplice
- Decentral Park Capital
$1.55
$1.77
- ATH
- $10.3
- Price Change (1h)
- +1.75%
- Price Change (24h)
- -4.14%
- Price Change (7d)
- -22.99%
- Market Cap
- $136.76M
- 24h Volume
- $245,605
- Circulating Supply
- 86,421,978
- Max Supply
- 126,343,739
About API3
How can I buy API3 (API3)?
Buying API3 on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy API3 (API3) for more information. What Is API3 (API3) Crypto?
The API3 project bridges the gap between traditional application programming interfaces (APIs) with the blockchain ecosystem. APIs are crucial in enabling communication and data exchange between different software systems.
API3 aims to decentralize APIs, enabling the building, management, and monetization of APIs at scale. By leveraging API3, smart contracts can access reliable and real-time data through first-party price reference data feeds known as decentralized APIs (dAPIs). These dAPIs connect dApps (decentralized applications) on multiple networks to real-time asset price data, including cryptocurrency and forex prices.
API3 addresses the challenge of reliable data for smart contracts by leveraging APIs, which have already solved this problem. API3 aims to enhance smart contracts’ functionality and potential use cases by integrating APIs into the blockchain ecosystem.
The API3 token is utilized for governance within the API3 DAO (decentralized autonomous organization). It allows token holders to participate in voting on project upgrades and decisions.
How Does API3 Work?
API3 is a collaborative project that aims to deliver traditional API services to smart contract platforms in a decentralized and trust-minimized manner. The project is governed in a decentralized manner by the API3 DAO.
API3 aims to solve the issue of smart contracts being unable to access reliable and accurate off-chain, real-world data. API3’s dAPIs offer a solution for this problem and can be monetized and managed in a scalable manner, supporting the growth of web3.
API3 introduces a concept called dAPIs, which expand the functionality of Web APIs to the blockchain ecosystem. These dAPIs help bridge the compatibility gap between smart contracts and traditional APIs, providing reliable data to smart contracts.
API3 leverages a technology it has developed called Airnode, which allows API providers to operate oracle nodes directly, reducing the need for third-party involvement and improving cost efficiencies. Designed to be stateless, Airnodes prevent issues like downtime and require minimal intervention from node operators.
When Was API3 Launched?
Burak Benligiray and Heikki Vanttinen founded API3 by establishing the API3 Foundation and driving the project’s development. API3 was launched in December 2020.
API3 has also collaborated with partners, including Polygon (MATIC) and Harmony (ONE), to expand API development. It has also garnered support from investors such as EMURGO, Digital Currency Group, and Block0.
API3 (API3) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $-0.0683 | -4.09% |
| 7 Days | $-0.5183 | -24.64% |
| 30 Days | $-0.2662 | -14.38% |
| 3 Months | $-0.3587 | -18.45% |
24H Investment Barometer
24H
- Strong Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Strong SellSellNeutralBuyStrong Buy
API3 Conversion Rate
FAQ
How much is 1 API3 (API3) worth?
KuCoin provides real-time USD price updates for API3 (API3). API3 price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time API3 to USD exchange rates. Is API3 a Good Investment?
API3 could be an interesting inclusion in your crypto portfolio. Here’s why:
Providing Reliable Real-world Data to Smart Contracts
API3 provides reliable real-world data APIs, which play a significant role in supplying off-chain data to blockchains. This data is crucial for decentralized ledgers to determine the value and worth of various assets accurately. Without reliable data, the decentralized ecosystem may lack essential information.
Solving Challenges of Blockchain Oracles
API3's most significant contribution lies in solving the Blockchain Oracle Problem. Oracles are used to bring off-chain data to the blockchain, but they often rely on third-party technology and introduce additional costs to the network. API3 aims to address this challenge by offering a decentralized solution for obtaining external data and reducing dependency on third-party oracles.
The growth of web3 could spur the demand for projects such as API3, supporting the API3 to USD price. An increased interest in web3 technologies among consumers and mainstream businesses could boost the API3 price statistics, making it a valuable cryptocurrency to invest in.
What Is API3 Crypto Price Prediction?
While we cannot offer a reliable API3 price prediction over any duration, we could recommend critical factors that drive price action and volatility in this crypto, such as :
Level of Adoption of API3 Services
As more dApps use API3’s dAPIs, the resulting uptick in on-chain activity could increase the API3 coin price in the crypto market. This, in turn, would also drive up investor interest in the token, boosting the price of API3 token.
Level of Staking Activity on API3 DAO
The API3 token facilitates staking, which allows token holders to earn inflationary rewards and become members of the API3 DAO. Higher staking rewards can affect the demand and value of the API3 token.
Market Outlook Toward Web3 and Crypto
A favorable outlook toward web3 and the overall crypto market could also support the demand for API3 coins. Higher demand for web3-related tokens could increase investor interest in the token, sending the value of API3 crypto higher.
Overall Sentiment in Crypto Market
The cryptocurrency market as a whole can impact the price of API3 and other tokens. Factors like market volatility, regulatory changes, macroeconomic conditions, and investor sentiment toward cryptocurrencies can influence token prices. API3's price movements may align with general market trends.
How to Use API3 Token
API3 is the native token of the API3 platform and has the following functions:
Governance and Voting on API3 DAO
The API3 token is used to govern the API3 DAO. Token holders can use their API3 tokens to participate in the governance process, where they have the power to vote on project upgrades and proposals and shape the direction of the API3 project.
Staking on API3 DAO
API3 token holders can stake their tokens to earn inflationary rewards [2]. By staking API3 tokens, users can contribute to the security and coverage of Web3 APIs, Beacons, and dAPIs. Staking also grants voting power in the API3 DAO, enabling token holders to have a say in the project's governance.
Transfer of Value in API3 Ecosystem
As an Ethereum-based ERC-20 token, the API3 token can be used for value transfer and transactions within the API3 ecosystem. It facilitates value exchange and incentivizes participants to engage with the API3 platform and its services.
Trade or HODL API3 Crypto
Trade API3 coin on KuCoin and other supported platforms to profit from changing market conditions and volatility. You can buy or sell API3 or hold it long-term if you believe in the future potential of the API3 project. We recommend conducting thorough research, considering the project’s fundamentals, and exercising caution when making investment decisions in the cryptocurrency market.
How to Stake API3 Tokens
Here’s how you can stake API3 on the API3 DAO to participate in the project’s decentralized governance process and earn rewards:
1. Buy API3 on KuCoin or other supported platforms and transfer your tokens to your wallet.
2. Visit the API3 DAO website and connect your wallet to the app.
3. Navigate to the Staking section of the API3 DAO app and click Deposit.
4. Enter the number of API3 tokens you want to stake.
5. Confirm the transaction and approve it from your wallet.
6. Sit back, earn rewards, and grow your holdings by staking API3 crypto.
What is the all-time high price of API3 (API3)?
The all-time high price of API3 (API3) is $10.3000. The current price of API3 is down 84.48% from its all-time high.
What is the all-time low price of API3 (API3)?
The all-time low price of API3 (API3) is $0.8437. The current price of API3 is up 89.58% from its all-time low.
How much API3 (API3) is there in circulation?
As of 12 22, 2024, there is currently 86,421,978 API3 in circulation. API3 has a maximum supply of 126,343,739.
What is the market cap of API3 (API3)?
The current market cap of API3 is $136.76M. It is calculated by multiplying the current supply of API3 by its real-time market price of $136.76M.
How do I store API3 (API3)?
You can securely store your API3 in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your API3 include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert X Empire (X) to cash?
You can instantly exchange your X Empire (X) for cash using KuCoin's Fast Trade feature. This feature enables you to convert X to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.