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API3 Stock

API3

API3

Price

0.74
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API3 Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
HTXAPI3/USDT0.61895.723,053.261.25 M0.07cex2797/9/2025, 6:23 AM
BiboxAPI3/USDT0.646,039.115,386.631.03 M0.39cex1717/9/2025, 6:21 AM
SuperExAPI3/USDT0.61221.95353.26954,010.40cex17/9/2025, 6:18 AM
BitradeXAPI3/USDT0.6162,764.93188,164.48877,832.410.16cex3347/9/2025, 6:21 AM
MEXCAPI3/USDT0.6180,563.95121,002.66777,719.310.03cex4917/9/2025, 6:18 AM
XXKKAPI3/USDT0.6177,484.97104,755.61768,878.710.05cex737/9/2025, 6:21 AM
BinanceAPI3/USDT0.6151,743.7171,476.82628,756.830.01cex565.927/9/2025, 6:23 AM
HotcoinAPI3/USDT0.611,968.198,801.8529,898.180.07cex2077/9/2025, 6:23 AM
CoinUp.ioAPI3/USDT0.611,749.112,965.12466,509.030.02cex1197/9/2025, 6:18 AM
VOOX ExchangeAPI3/USDT0.6114,840.7217,435.3380,258.580.06cex727/9/2025, 6:21 AM
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API3 FAQ

### What Is API3 (API3)? API3 is a cryptocurrency that enables decentralized API services. It is designed to connect traditional application programming interfaces (APIs) to blockchain networks in a decentralized and trustless manner. This enables smart contracts to securely access and interact with real-world data, providing a more efficient and reliable way to incorporate off-chain information into on-chain operations. API3 aims to address issues of centralization and reliability in data feeds by allowing API providers to run their own nodes, known as oracle nodes. By doing so, they become first-party oracles, which increases data transparency and reduces the risk of manipulation and inefficiencies related to third-party middlemen. For more detailed information about the API3 cryptocurrency, its market performance, and historical data, please refer to the Eulerpool platform.

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.

Who are the Founders of API3?

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.

What Distinguishes API3?

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.

What is the Circulating Supply of API3 (API3) Coins?

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.

How is the Security of the API3 Network Ensured?

API3 is an ERC-20 token, signifying that it is built on the Ethereum blockchain.

Where can you purchase API3 (API3)?

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.

Investors interested in API3 are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.