4. pyth and api3, I will write them together
To be honest, the price of pyth is not cheap. Although the high point in March has retreated a lot, the price drop compared to the online price is still small. However, there are not many competitors in the oracle track. Except for link, the others are very weak. pyth is weaker than link in the total amount of TVL of the linked project, but the amount of data processed is greater than link. And the background of the investors behind pyth is also very strong, so according to the current valuation, I think there is still a lot of room for growth. The increase in the value of link also opens the valuation ceiling for the oracle track. In fact, it is a competitive relationship and a cooperative relationship that promotes the market volume.
Let's talk about api3 again. The reason why I chose api3 is that, first, the size of the project is indeed small, and there is a lot of room for growth. Second, the project is basically fully circulated. Third, nearly half of the api3 tokens are pledged, and the number is still growing slowly.
The oracle track is the cornerstone of defi. Except for projects with their own royal language machines, such as trx's winklink oracle and sol's edge oracle, other defi projects are basically connected to third-party oracles. Therefore, this market will have more subdivisions in the future, and the size of the entire market will gradually increase. At present, judging from the price and growth, I think pyth and api3 are better choices. $PYTH $API3