API3 API3 Price
$0.50
Rank 539
-
1H
0.29%$0.0014
24H
0.10%$0.0005
7D
-1.41%$0.0072
30D
-24.0%$0.1582
-
Market cap $69.25 M Full cap $78.03 M Volume 24H $14.90 M ATH $10.30
API3 Price Chart
API3 Market Data
API3 price today
Today's live API3 price is $0.50 USD, with a 24-hour trading volume of $14 897 419 USD. We provide real-time updates for the API3 to USD price. Api3 has increased by 0% in the last 24 hours. Currently ranked 539 in the cryptocurrency market, API3 has a live market cap of $69 251 812 USD, with a circulating supply of
138 420 854API3 coins and the maximum supply not available.
About API3
Smart contracts often struggle to access dependable data, but application programming interfaces (APIs) have been touted as a solution to this problem.
API3’s stated goal is to allow decentralized versions of APIs to be built, managed and monetized at scales. As blockchain technology plays an ever bigger role in the economy – from decentralized finance to supply chain management – the team behind this project says it has never been more important for smart contracts to provide “timely, reliable real-world data.”
The whitepaper for API3 was unveiled in September 2020 and set out the main problem that’s associated with APIs at present: connectivity. At present, there’s no way for smart contracts to establish a direct connection with APIs for the latest data – and this has led to an explosion in the popularity of oracles.
Although this has helped solve the problem to some extent, the industry has since been grappling with the “Blockchain Oracle Problem.” Oracles are a form of middleware that sit in between APIs and smart contracts – increasing costs and centralization. API3 intends to get around this problem by enabling API providers to operate their very own nodes.
API3’s token went live at the start of December following on from a token sale that generated tens of millions of dollars.
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How much is 1 API3?
Conversion Table
API3/USD
(US Dollar)
0.50 USD
API3/EUR
(Euro)
0.44 EUR
API3/JPY
(Japanese Yen)
71.38 JPY
API3/CHF
(Swiss Franc)
0.41 CHF
API3/CNY
(Chinese Yuan)
3.68 CNY
API3/GBP
(British Pound Sterling)
0.38 GBP
API3/INR
(Indian Rupee)
42.85 INR
API3/KRW
(South Korean Won)
714.7 KRW
API3/CAD
(Canadian Dollar)
0.70 CAD
API3/NGN
(Nigerian Naira)
803.0 NGN
API3/BRL
(Brazilian Real)
2.95 BRL
API3/SGD
(Singapore Dollar)
0.66 SGD
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