Market cap
$44.56M
-0.52 %
Volume (24h)
$5.65M
-0.52 %
Circulating supply
86,421,978 API3
Total supply
158,696,215 API3
Max. supply
147,924,381 API3
API3 (API3)
$ 0.31
-0.52 %
Main info
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Key data
updated $0Market cap$44.56M
Volume 24h$5.65M
Circulating supply86.42M58% of max 147.92M
All-time high$10.3-97% from peak · 2021-04-06
API3 (ticker: API3) is a cryptocurrency that powers decentralized APIs (dAPIs) for Web3 applications. It connects real-world data to blockchain smart contracts securely and efficiently. Think of it as a bridge between off-chain data sources and on-chain decentralized apps.
Frequently asked questions
What is API3 and how is it different from other oracle projects?
API3 focuses on first-party oracles where data providers run their own nodes, reducing middlemen. Unlike Chainlink's third-party node operators, API3's dAPIs are directly operated by the data providers themselves for better transparency and efficiency.
How does API3's technology work?
API3 uses Airnode, a serverless oracle node that lets Web APIs connect directly to blockchains without middleware. The network uses staking for security, where API3 token holders can stake to collateralize dAPIs and earn rewards.
How is API3's coin emission structured?
API3 has a fixed hard cap of 147,924,381 coins with no future minting. The initial distribution included allocations for the team, investors, ecosystem development, and a public sale.
How can I store and use API3 tokens?
API3 is an ERC-20 token stored in any Ethereum-compatible wallet like MetaMask. You can stake tokens to secure dAPIs and earn rewards, or use them to pay for API services in the ecosystem.