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API3 Price

API3 Price(API3)

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Currency
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API3
1 API3USD $1.741403
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0.1%
Kraken
0.26%
Coinbase
1.99%
$ 1.741403
-5.1%
1D
Page last updated: 2024-11-20 17:13 (UTC+0)
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Price of API3 today

The live price of API3 is $ 1.741403 per (API3 / USD) with a current market cap of $ 150.50M USD. 24-hour trading volume is $ 39.11M USD. API3 to USD price is updated in real-time. API3 is -5.1% in the last 24 hours with a circulating supply of 86.42M.
API3 Price History USD
Date ComparisonAmount Change% Change
Today$ -0.093677-5.1%
30 Days$ -0.095125-5.18%
60 Days$ 0.150619+9.47%
90 Days$ 0.204407+13.30%

API3 Market Information

24h Low & High
Low: $ 1.726295
High: $ 1.910274
The highest and lowest price paid for this asset in 24 hours.
All Time High
$ 10.31
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
-1.05%
The percentage change in price for this asset compared to 1 hour ago.
Price Change (24h)
-5.1%
The percentage change in price for this asset compared to 24 hours ago.
Price Change (7d)
+5.82%
The percentage change in price for this asset compared to 7 days ago.

API3 Market Information

Popularity
#322
Popularity is based on the relative market cap of assets.
Market Cap
$ 150.50M
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
$ 39.11M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
86.42M
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
--
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
$ 250.88M
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Issue Date
2020-11-30
Audits
CertiK
Last audit: 2023-02-07

What Can You Do With API3 (API3)?

Explore how to use your cryptocurrencies with Binance.

About API3 (API3)

API3 is a platform that provides decentralized application programming interfaces (APIs) for blockchain-based applications to access real-world external data securely, reliably, and in a decentralized manner. The API3 platform is designed to solve the limitations of existing APIs, which are often centralized and rely on third-party intermediaries for data access. API3 is powered by its native token, $API3. The current price of API3 can be live-tracked on Binance.

The stated purpose of API3 is to allow for the creation, management, and monetization of decentralized versions of APIs at scale. As blockchain technology plays an increasingly important role in the economy - from DeFi to supply chain management - the team behind the project says that smart contracts providing "timely and reliable real-world data " has never been more critical.

The API3 platform uses a unique approach to data access called Airnode, which allows for the creation of customized APIs for specific use cases. Airnode enables developers to create APIs that are tailored to their specific application needs, with customizable data sources, parameters, and responses.

API3 aggregates data directly from key data providers, a specification that reportedly increases transparency and diminishes the risk of third-party data tampering, eliminating the need to hire intermediaries. Therefore, it allows the delivery of additional revenue directly to API providers. With this distinctive structure, API3 distinguishes itself from other blockchain data oracle projects, such as those that typically use their nodes as intermediaries to pass data from external APIs to other blockchains. 

The decentralized API, according to API3, can be connected to support any blockchain. It exists as a cross-platform Oracle solution to make data available to any decentralized ecosystem that needs it. Many platforms benefit from trusted data review, so the API3 decision remains blockchain agnostic, enabling it to adapt to almost any decentralized network with contractual capabilities.

People Also Ask: Other Questions About API3

  1. What is API3 Used For?

    $API3 is the native utility token for API3 and is used to pay for data requests on the API3 network, participate in governance, and provide liquidity on decentralized exchanges. API3 tokens are used for governance within the API3 ecosystem. Token holders can participate in the governance process by staking their tokens and voting on proposals related to network upgrades, parameter changes, and other important decisions. However, API providers using Airnode who do not wish to handle cryptocurrency can choose to receive fiat currency via API3 DAO.

  2. Who Is the Founder of API3?

    API3 was founded in 2019 by Burak Benligiray and Heikki Vanttinen. Vanttinen is the head of the strategy and Benligiray is the technical team lead at API3.

  3. What Is the Circulating Supply of API3?

    The current circulating supply is 80,187,930.556 API3

  4. What Makes API 3 Different From Others?

    API3 is governed through a decentralized autonomous organization (DAO), allowing token holders a voice in the general direction of the projects. API3 DAO members vote on criteria such as collateralization and staking incentives. All voting is done directly on-chain. 

    The API3 platform uses a unique technology called Airnode that enables developers to create customized APIs for specific use cases. This approach to data access allows developers to create APIs that are tailored to their specific application needs, with customizable data sources, parameters, and responses.

  5. How To Buy API3 (API3)?

    API3 (API3) can be purchased directly from Binance by using a debit or credit card. API 3 (API3) can also be traded for other cryptocurrencies on the Binance Exchange. The current price of API3 is updated in real-time on Binance. Additionally, API3 price and purchase information is available for users in our How To Buy API3 (API3) guide.

API3 to Local Currency

FiatPriceOperation
1 API3 to USD$ 1.741403
1 API3 to TRY$ 1.741403
1 API3 to RUB$ 1.741403
1 API3 to EUR$ 1.741403
1 API3 to AED$ 1.741403
1 API3 to AUD$ 1.741403
1 API3 to BRL$ 1.741403
1 API3 to VND$ 1.741403
Last updated 2024/11/20 05:13 (UTC)

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