API3 Logo

API3 API3

API3 header image

1. Summary

Ranks

Liquidity
98
Developer
-
Social
86
Momentum (beta)
90
Stack Rank™
-
Price
52W High price $4.63
52W High date 15th Feb 2024 (5 months ago)
All Time High (ATH) Date 7th Apr 2021 (3 years ago)
ATH Price $10.30
% From ATH -69.53%
All Time Low (ATL) Date 5th Aug 2023 (11 months ago)
ATL Price $0.85
% From ATL 268.72%
Supply & Trading Volume
Trading Volume (24h) $26.38M
Total Supply 133.48M
Max Supply 133.48M
Circulating Supply 114.87M
Description

API3 is a decentralized protocol that enables blockchain-based decentralized applications (dApps) to leverage external data and services from traditional APIs while maintaining the principles of decentralization. It does this by creating decentralized APIs (dAPIs) that are blockchain-native and governed by a decentralized autonomous organization (D...

API3 is a decentralized protocol that enables blockchain-based decentralized applications (dApps) to leverage external data and services from traditional APIs while maintaining the principles of decentralization. It does this by creating decentralized APIs (dAPIs) that are blockchain-native and governed by a decentralized autonomous organization (DAO).

Main Features

  • First-Party Oracles: dAPIs aggregate data directly from API providers, ensuring transparency, security, and eliminating the need for third-party intermediaries.
  • Airnode Technology: A serverless oracle node that allows API providers to convert their APIs into dAPIs, making it simple and frictionless to integrate with the API3 ecosystem.
  • Decentralized Governance: The API3 DAO governs the creation, management, and monetization of dAPIs, ensuring transparency and security.

Use Cases

  • Data Services: Provides aggregated price reference data feeds for various assets across multiple blockchain networks.
  • QRNG Service: Offers a free, quantum mechanics-derived random number generator for smart contracts.
  • Web3 APIs: Provides a catalog of on-demand APIs for Web3 developers.

dAPI Mechanics

  • Staking and Rewards: Staking API3 tokens grants governance rights over the DAO and earns rewards.
  • Staking Pool: Staked tokens collateralize on-chain service coverage, ensuring trustless security against qualifying malfunctions.
2. Price

API3

2.1. Market Performance

How does API3's (API3) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

36.5%

API3

-8.3%

Similar Market Cap

60 Day Return

-14.5%

API3

-31.6%

Similar Market Cap

1 Year Return

150.3%

API3

103.2%

Similar Market Cap

3. Developer Activity

We're monitoring 57 API3 GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All API3 Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 8
  • Past year: 0 commits vs. an average of 117

Most Active Repos

Past week 69
Past 12 weeks 177
Past year 1147
Past week 1
Past 12 weeks 181
Past year 415
Past week 17
Past 12 weeks 59
Past year 319
Past week 5
Past 12 weeks 260
Past year 309
Past week 0
Past 12 weeks 0
Past year 229
Past week 0
Past 12 weeks 58
Past year 64

Top Developers 2024

In total, 186 developers have contributed to API3 over the past year. Who are the most active API3 developers, by commits, over the past year?

Related Projects

Developers working on API3 also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 2,604
Active Reddit Users (past 24h) 7
Discord users 8,034
Active Discord Users 525
Telegram Users 7,254
Twitter followers 59,684
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://api3.org/
Explorer https://etherscan.io/token/0x0b38210ea11411557c134...
Twitter @API3DAO
reddit /r/API3
Forum https://forum.api3.org

What is the correct contract address for API3?

Ethereum 0x0b38210ea11411557c13457d4da7dc6ea731b88a

Has API3 been audited for security?

No security audits found for this project.

Are you the owner of API3? Edit it here

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