The edge that pays for itself.
API3 (API3) Price
API3 Price
Technical Analysis
Daily indicators based on 1d candle data
DeFi Analytics
Advantages of Cryptocurrency
Decentralization & Financial Freedom
Cryptocurrencies operate on decentralized networks, removing the need for intermediaries like banks. This enables peer-to-peer transactions, financial inclusion for the unbanked, and resistance to censorship or government control.
Transparency & Security
Blockchain technology provides an immutable, transparent ledger of all transactions. Cryptographic security makes it extremely difficult to counterfeit or double-spend, offering strong protection against fraud.
Global Accessibility
Anyone with an internet connection can send and receive cryptocurrency worldwide, 24/7, without geographic restrictions or banking hours. This is particularly valuable for international remittances.
Investment Potential
Cryptocurrencies have demonstrated significant long-term appreciation potential. Early investors in Bitcoin and Ethereum saw extraordinary returns, and the asset class offers portfolio diversification benefits.
Risks of Cryptocurrency
High Volatility
Cryptocurrency prices can fluctuate dramatically – often by 20–50% or more within short periods. This high volatility makes them inherently risky investments, and significant capital losses are possible.
Regulatory Uncertainty
The regulatory landscape for cryptocurrencies is still evolving globally. Sudden regulatory changes can significantly impact prices and accessibility, creating legal and compliance risks for investors and businesses.
Security Risks
Hacks, scams, and phishing attacks are prevalent in the crypto space. The irreversible nature of blockchain transactions means stolen funds are rarely recovered. Users must secure their private keys and wallets diligently.
Environmental Impact
Proof-of-Work cryptocurrencies like Bitcoin require substantial computational energy, raising environmental concerns. While the industry is transitioning toward more energy-efficient consensus mechanisms, the carbon footprint remains a significant criticism.
History of Cryptocurrency
The history of cryptocurrency begins with Bitcoin, introduced in 2009 by the pseudonymous Satoshi Nakamoto. The Bitcoin whitepaper, published in October 2008, proposed a peer-to-peer electronic cash system enabling online payments directly between parties without going through a financial institution.
Bitcoin's first recorded commercial transaction occurred in May 2010 when Laszlo Hanyecz paid 10,000 BTC for two pizzas – a transaction now celebrated annually as Bitcoin Pizza Day.
The Rise of Altcoins
Following Bitcoin's success, thousands of alternative cryptocurrencies (altcoins) emerged. Ethereum, launched in 2015 by Vitalik Buterin, introduced smart contracts – self-executing agreements coded into the blockchain – enabling decentralized applications (dApps) and decentralized finance (DeFi).
The ICO Boom and Market Crash
The years 2017–2018 saw an explosion of Initial Coin Offerings (ICOs), where new projects raised funds by selling tokens. Bitcoin reached nearly $20,000 in December 2017 before crashing dramatically in 2018, triggering a prolonged crypto winter.
Institutional Adoption
The 2020–2021 bull run saw unprecedented institutional interest, with companies like MicroStrategy and Tesla adding Bitcoin to their balance sheets. Bitcoin hit new all-time highs above $60,000. The launch of Bitcoin ETFs and growing regulatory clarity further legitimized the asset class.
DeFi, NFTs & Web3
Decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and the broader Web3 movement transformed the cryptocurrency landscape. Platforms like Uniswap, Aave, and OpenSea enabled entirely new financial and digital ownership models.
Today, the cryptocurrency market encompasses thousands of digital assets with a combined market capitalization in the trillions of dollars, representing a fundamental shift in how the world thinks about money, finance, and digital ownership.
Exchange
| Exchange | Market Pair | Price | Depth +2% | Depth -2% | Volume 24H | Volume % | Type | Liquidity Rating | Freshness |
|---|---|---|---|---|---|---|---|---|---|
| HTX | API3/USDT | 0.61 | 895.72 | 3,053.26 | 1.25 M | 0.07 | cex | 279.00 | 7/9/2025, 6:23 AM |
| Bibox | API3/USDT | 0.64 | 6,039.11 | 5,386.63 | 1.03 M | 0.39 | cex | 171.00 | 7/9/2025, 6:21 AM |
| SuperEx | API3/USDT | 0.61 | 221.95 | 353.26 | 954,010.40 | 0.00 | cex | 1.00 | 7/9/2025, 6:18 AM |
| BitradeX | API3/USDT | 0.61 | 62,764.93 | 188,164.48 | 877,832.41 | 0.16 | cex | 334.00 | 7/9/2025, 6:21 AM |
| MEXC | API3/USDT | 0.61 | 80,563.95 | 121,002.66 | 777,719.31 | 0.03 | cex | 491.00 | 7/9/2025, 6:18 AM |
| XXKK | API3/USDT | 0.61 | 77,484.97 | 104,755.61 | 768,878.71 | 0.05 | cex | 73.00 | 7/9/2025, 6:21 AM |
| Binance | API3/USDT | 0.61 | 51,743.71 | 71,476.82 | 628,756.83 | 0.01 | cex | 565.92 | 7/9/2025, 6:23 AM |
| Hotcoin | API3/USDT | 0.61 | 1,968.19 | 8,801.80 | 529,898.18 | 0.07 | cex | 207.00 | 7/9/2025, 6:23 AM |
| CoinUp.io | API3/USDT | 0.61 | 1,749.11 | 2,965.12 | 466,509.03 | 0.02 | cex | 119.00 | 7/9/2025, 6:18 AM |
| VOOX Exchange | API3/USDT | 0.61 | 14,840.72 | 17,435.30 | 380,258.58 | 0.06 | cex | 72.00 | 7/9/2025, 6:21 AM |
API3 FAQ
Smart contracts frequently encounter difficulties in accessing reliable data, with application programming interfaces (APIs) being proposed as a potential solution to this issue. API3 aims to facilitate the creation, management, and monetization of decentralized versions of APIs at scale. As blockchain technology increasingly influences the economy — from decentralized finance to supply chain management — the team behind this project emphasizes the growing need for smart contracts to supply “timely, reliable real-world data.” The whitepaper for API3 was introduced in September 2020, addressing the primary issue currently associated with APIs: connectivity. Presently, smart contracts lack a direct method to connect with APIs to access the latest data, resulting in a surge in the popularity of oracles. While oracles have partially addressed the problem, the industry continues to contend with the “Blockchain Oracle Problem.” Oracles function as middleware that operate between APIs and smart contracts, leading to increased costs and centralization. API3 aims to circumvent this issue by empowering API providers to operate their own nodes. API3’s token became available in early December following a token sale that raised tens of millions of dollars, according to Eulerpool.
Three individuals have collaborated to bring API3 to fruition. The first is Heikki Vanttinen, who has extensively documented the project's goals and ambitions. Previously, he founded and served as CEO at CLC Group, a blockchain lab dedicated to developing smart contract solutions that connect real-world applications for a more trustless, efficient, and secure future. Vanttinen also held the position of Chief Marketing Officer at Zippie, a mobile operating system designed to facilitate the mainstream adoption of blockchain technology. Vanttinen is joined by Burak Benligiray, who also worked at CLC Group as Chief Technology Officer. Benligiray has authored articles emphasizing the advantages of ChainAPI, which serves as the integration platform for API3. ChainAPI has been described as the "spiritual successor" to Honeycomb, another innovation pursued by CLC Group. Lastly, the third co-founder of API3 is Saša Milić. Milić has served as a sessional lecturer at the University of Toronto, where she taught core curriculum courses to computer science students. Additionally, she has worked as a software engineer at Facebook and a simulation data scientist at Gauntlet.
In the realm of blockchain and cryptocurrency, we frequently encounter projects that aim to integrate this technology into established sectors such as real estate and finance. However, API3 stands out due to its focus on addressing issues that have arisen within the blockchain domain itself. APIs play a vital role as they provide blockchains with off-chain data. Without this data, these decentralized ledgers would be unable to determine the value of coins. Highlighting the uniqueness of API3, Vanttinen elaborates on how decentralized APIs can offer superior data transparency, all the way to the factual data source level. This is in contrast to existing decentralized oracles, which do not regard the data source API as part of their solution's scope. To realize API3's vision, a lightweight and robust middleware named Airnode has been developed. The distinctive features of this tool include its rapid deployment capability, which can be achieved in minutes, thereby enhancing transparency and significantly lowering transaction fees.
As of January 2020, Eulerpool data indicates that there are 13,847,549 API3 tokens in circulation, out of a total supply cap of 100 million tokens. A total of 15 million tokens have been distributed to pre-seed and seed investors, while an additional 20 million tokens were set aside for a public token distribution event conducted in the first two weeks of December. The founding team has been allocated 30 million tokens, with 10 million designated for partners and contributors. Lastly, 25 million tokens were assigned to an ecosystem fund. Tokens sold during the public sale are unlocked, but seed investors and founders are subject to a vesting period ranging from two to three years.
API3 is an ERC-20 token, signifying that it is built on the Ethereum blockchain.
API3, a widely recognized cryptocurrency, can be purchased on several prominent exchanges. It is available on Uniswap, where it is paired with Wrapped ETH. Additionally, API3 is traded against USDT on platforms such as Huobi Global and KuCoin, and paired with ETH on exchanges like OKEx and 1inch. For further information on converting fiat currencies to cryptocurrencies, refer to our comprehensive guide.
Similar Cryptocurrencies to API3
Discover cryptocurrencies similar to API3 and explore alternatives in the same category.