API3
API3$147.17
Market Cap
$8.06B
Volume 24h
$584.77M
Vol / Market Cap
7.26%
Rank
#99
API3 Price Chart
API3 is a decentralized oracle project enabling direct data feeds for smart contracts.
What Is API3? API3 is a decentralized oracle project that enables smart contracts to access real-world data directly from API providers.
A decentralized oracle protocol that allows API providers to deliver data directly to smart contracts without relying on third-party oracle intermediaries.
Direct API Connectivity: Used for governance of a protocol that connects smart contracts directly to official data sources without third-party oracle intermediaries.
First-Party Oracles: Used for governance of the API3 DAO, enabling API providers to run Airnodes that deliver first-party data directly to smart contracts without third-party oracle intermediaries.
Oracle niche is dominated by a leading player; difficult to gain share in decentralized data markets.
