BITCOIN

₹62,20,407.80

1.052%

ETHEREUM

₹3,21,782.78

2.19%

TETHER USDT

₹93.05

0.011%

BNB

₹55,037.90

1.051%

SOLANA

₹16,288.94

0.7%

USDC

₹93.01

0.003%

XRP

₹54.36

1.424%

DOGECOIN

₹11.97

4.503%

CARDANO

₹39.45

2.8%

AVALANCHE

₹2,841.81

6.045%

TRON

₹12.47

0.271%

SHIBA INU

₹0.001624

4.372%

POLKADOT

₹577.23

2.548%

CHAINLINK

₹1,326.71

0.312%

BITCOIN CASH

₹35,852.07

2.986%

NEAR PROTOCOL

₹563.92

3.974%

LITECOIN

₹6,727.40

1.741%

POLYGON

₹49.44

1.79%

PEPE

₹0.001121

2.952%

INTERNET COMPUTER

₹952.95

0.612%

BITCOIN

₹62,20,407.80

1.052%

ETHEREUM

₹3,21,782.78

2.19%

TETHER USDT

₹93.05

0.011%

BNB

₹55,037.90

1.051%

SOLANA

₹16,288.94

0.7%

USDC

₹93.01

0.003%

XRP

₹54.36

1.424%

DOGECOIN

₹11.97

4.503%

CARDANO

₹39.45

2.8%

AVALANCHE

₹2,841.81

6.045%

TRON

₹12.47

0.271%

SHIBA INU

₹0.001624

4.372%

POLKADOT

₹577.23

2.548%

CHAINLINK

₹1,326.71

0.312%

BITCOIN CASH

₹35,852.07

2.986%

NEAR PROTOCOL

₹563.92

3.974%

LITECOIN

₹6,727.40

1.741%

POLYGON

₹49.44

1.79%

PEPE

₹0.001121

2.952%

INTERNET COMPUTER

₹952.95

0.612%

BITCOIN

₹62,20,407.80

1.052%

ETHEREUM

₹3,21,782.78

2.19%

TETHER USDT

₹93.05

0.011%

BNB

₹55,037.90

1.051%

SOLANA

₹16,288.94

0.7%

USDC

₹93.01

0.003%

XRP

₹54.36

1.424%

DOGECOIN

₹11.97

4.503%

CARDANO

₹39.45

2.8%

AVALANCHE

₹2,841.81

6.045%

TRON

₹12.47

0.271%

SHIBA INU

₹0.001624

4.372%

POLKADOT

₹577.23

2.548%

CHAINLINK

₹1,326.71

0.312%

BITCOIN CASH

₹35,852.07

2.986%

NEAR PROTOCOL

₹563.92

3.974%

LITECOIN

₹6,727.40

1.741%

POLYGON

₹49.44

1.79%

PEPE

₹0.001121

2.952%

INTERNET COMPUTER

₹952.95

0.612%

BITCOIN

₹62,20,407.80

1.052%

ETHEREUM

₹3,21,782.78

2.19%

TETHER USDT

₹93.05

0.011%

BNB

₹55,037.90

1.051%

SOLANA

₹16,288.94

0.7%

USDC

₹93.01

0.003%

XRP

₹54.36

1.424%

DOGECOIN

₹11.97

4.503%

CARDANO

₹39.45

2.8%

AVALANCHE

₹2,841.81

6.045%

TRON

₹12.47

0.271%

SHIBA INU

₹0.001624

4.372%

POLKADOT

₹577.23

2.548%

CHAINLINK

₹1,326.71

0.312%

BITCOIN CASH

₹35,852.07

2.986%

NEAR PROTOCOL

₹563.92

3.974%

LITECOIN

₹6,727.40

1.741%

POLYGON

₹49.44

1.79%

PEPE

₹0.001121

2.952%

INTERNET COMPUTER

₹952.95

0.612%

BITCOIN

₹62,20,407.80

1.052%

ETHEREUM

₹3,21,782.78

2.19%

TETHER USDT

₹93.05

0.011%

BNB

₹55,037.90

1.051%

SOLANA

₹16,288.94

0.7%

USDC

₹93.01

0.003%

XRP

₹54.36

1.424%

DOGECOIN

₹11.97

4.503%

CARDANO

₹39.45

2.8%

AVALANCHE

₹2,841.81

6.045%

TRON

₹12.47

0.271%

SHIBA INU

₹0.001624

4.372%

POLKADOT

₹577.23

2.548%

CHAINLINK

₹1,326.71

0.312%

BITCOIN CASH

₹35,852.07

2.986%

NEAR PROTOCOL

₹563.92

3.974%

LITECOIN

₹6,727.40

1.741%

POLYGON

₹49.44

1.79%

PEPE

₹0.001121

2.952%

INTERNET COMPUTER

₹952.95

0.612%

BITCOIN

₹62,20,407.80

1.052%

ETHEREUM

₹3,21,782.78

2.19%

TETHER USDT

₹93.05

0.011%

BNB

₹55,037.90

1.051%

SOLANA

₹16,288.94

0.7%

USDC

₹93.01

0.003%

XRP

₹54.36

1.424%

DOGECOIN

₹11.97

4.503%

CARDANO

₹39.45

2.8%

AVALANCHE

₹2,841.81

6.045%

TRON

₹12.47

0.271%

SHIBA INU

₹0.001624

4.372%

POLKADOT

₹577.23

2.548%

CHAINLINK

₹1,326.71

0.312%

BITCOIN CASH

₹35,852.07

2.986%

NEAR PROTOCOL

₹563.92

3.974%

LITECOIN

₹6,727.40

1.741%

POLYGON

₹49.44

1.79%

PEPE

₹0.001121

2.952%

INTERNET COMPUTER

₹952.95

0.612%

BITCOIN

₹62,20,407.80

1.052%

ETHEREUM

₹3,21,782.78

2.19%

TETHER USDT

₹93.05

0.011%

BNB

₹55,037.90

1.051%

SOLANA

₹16,288.94

0.7%

USDC

₹93.01

0.003%

XRP

₹54.36

1.424%

DOGECOIN

₹11.97

4.503%

CARDANO

₹39.45

2.8%

AVALANCHE

₹2,841.81

6.045%

TRON

₹12.47

0.271%

SHIBA INU

₹0.001624

4.372%

POLKADOT

₹577.23

2.548%

CHAINLINK

₹1,326.71

0.312%

BITCOIN CASH

₹35,852.07

2.986%

NEAR PROTOCOL

₹563.92

3.974%

LITECOIN

₹6,727.40

1.741%

POLYGON

₹49.44

1.79%

PEPE

₹0.001121

2.952%

INTERNET COMPUTER

₹952.95

0.612%

BITCOIN

₹62,20,407.80

1.052%

ETHEREUM

₹3,21,782.78

2.19%

TETHER USDT

₹93.05

0.011%

BNB

₹55,037.90

1.051%

SOLANA

₹16,288.94

0.7%

USDC

₹93.01

0.003%

XRP

₹54.36

1.424%

DOGECOIN

₹11.97

4.503%

CARDANO

₹39.45

2.8%

AVALANCHE

₹2,841.81

6.045%

TRON

₹12.47

0.271%

SHIBA INU

₹0.001624

4.372%

POLKADOT

₹577.23

2.548%

CHAINLINK

₹1,326.71

0.312%

BITCOIN CASH

₹35,852.07

2.986%

NEAR PROTOCOL

₹563.92

3.974%

LITECOIN

₹6,727.40

1.741%

POLYGON

₹49.44

1.79%

PEPE

₹0.001121

2.952%

INTERNET COMPUTER

₹952.95

0.612%

BITCOIN

₹62,20,407.80

1.052%

ETHEREUM

₹3,21,782.78

2.19%

TETHER USDT

₹93.05

0.011%

BNB

₹55,037.90

1.051%

SOLANA

₹16,288.94

0.7%

USDC

₹93.01

0.003%

XRP

₹54.36

1.424%

DOGECOIN

₹11.97

4.503%

CARDANO

₹39.45

2.8%

AVALANCHE

₹2,841.81

6.045%

TRON

₹12.47

0.271%

SHIBA INU

₹0.001624

4.372%

POLKADOT

₹577.23

2.548%

CHAINLINK

₹1,326.71

0.312%

BITCOIN CASH

₹35,852.07

2.986%

NEAR PROTOCOL

₹563.92

3.974%

LITECOIN

₹6,727.40

1.741%

POLYGON

₹49.44

1.79%

PEPE

₹0.001121

2.952%

INTERNET COMPUTER

₹952.95

0.612%

BITCOIN

₹62,20,407.80

1.052%

ETHEREUM

₹3,21,782.78

2.19%

TETHER USDT

₹93.05

0.011%

BNB

₹55,037.90

1.051%

SOLANA

₹16,288.94

0.7%

USDC

₹93.01

0.003%

XRP

₹54.36

1.424%

DOGECOIN

₹11.97

4.503%

CARDANO

₹39.45

2.8%

AVALANCHE

₹2,841.81

6.045%

TRON

₹12.47

0.271%

SHIBA INU

₹0.001624

4.372%

POLKADOT

₹577.23

2.548%

CHAINLINK

₹1,326.71

0.312%

BITCOIN CASH

₹35,852.07

2.986%

NEAR PROTOCOL

₹563.92

3.974%

LITECOIN

₹6,727.40

1.741%

POLYGON

₹49.44

1.79%

PEPE

₹0.001121

2.952%

INTERNET COMPUTER

₹952.95

0.612%

Home

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Coins

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Api3

API3

API3

API3

₹183.77

LIVE

24H Low ₹182.37

24H High ₹196.42

Price of API3 today

The current live price of API3 today is ₹183.77, with a 24-hour trading volume of ₹1,17,60,73,427.19. Our API3 to INR price is updated in real-time. API3 has seen a decrease of -5.29% in the last 24 hours. With a live market cap of ₹15,95,45,33,326.47 , the circulating supply is at 86,421,978 API3 coins, with a maximum supply of 125,324,588API3 coins.

API3 Price History

Date ComparisonAmount Change% Change
Today-₹10.88

5.59%

7 Days₹9.30

5.33%

30 Days-₹25.48

12.18%

1 Year₹87.42

90.82%

API3 Price Information

Price Change (1hr)

5.57%

Price Change (24hr)

5.59%

Price Change (7d)

5.33%

API3 Market Stats

Market Cap

₹15,95,45,33,326.47

Fully Diluted Market Cap

₹23,13,64,21,569.15

24hr Volume

₹1,17,60,73,427.19

25.47%

Circulating Supply

86421978 API3

Total Supply

125324588 API3

Things to know about API3

What is the Token?

API3 is a decentralized API (dAPI) network that aims to allow off-chain data providers to connect their APIs directly to the blockchain without intermediaries. It is designed to solve the “Oracle problem” by enabling API providers to operate their very own nodes, thus ensuring end-to-end decentralization. API3’s vision is to create a more secure, transparent, and efficient way for smart contracts to access real-world data, which is crucial for the operation of decentralized applications (dApps).

Tokenomics

  • Token Type

  • : ERC20

  • Allocation

  • : 10% to seed round investors, 20% to public sale, the rest to team, advisors, and future stakeholders

  • Staking

  • : API3 token holders can stake their tokens to participate in governance and receive staking rewards.

Market Data

As of today #{today’s date}, the price of API3 is ₹183.77 INR or 1.976 USD, with a 24-hour trading volume of 12645950.83 USD. The market capitalization for API3 is 171554121.79USD. The circulating supply is 86421978 API3, with the total supply also being 125324588 API3.

Token Pros and Cons

Pros

  • Decentralization

  • : API3’s approach eliminates the need for third-party oracles, enhancing the decentralization of data feeds.

  • Governance

  • : Token holders can participate in the API3 DAO, influencing the project’s direction and decisions.

  • First-party Oracles

  • : Direct integration of data providers as first-party oracles increases data reliability and security.

  • Staking Rewards

  • : Staking API3 tokens not only supports network security but also provides staking rewards to token holders.

  • Innovative Technology

  • : API3’s Airnode technology simplifies the process for APIs to connect with blockchain networks, potentially accelerating the adoption of blockchain technology.

Cons

  • Market Competition

  • : Faces stiff competition from established oracle networks like Chainlink.

  • Adoption Rate

  • : The success of API3 heavily depends on the adoption rate by data providers and dApp developers.

  • Technical Complexity

  • : The technical barrier might deter some potential users or data providers from integrating with API3.

  • Regulatory Risks

  • : Like all crypto projects, API3 faces potential regulatory challenges that could impact its operation.

  • Dependence on DAO Governance

  • : The effectiveness of DAO governance is yet to be proven at scale and could pose risks to the project’s direction.

Why Should You Invest in the Coin?

  • Unique Solution

  • : API3 offers a novel solution to the oracle problem, potentially revolutionizing how smart contracts access real-world data.

  • Strong Partnerships

  • : Collaborations with notable blockchain projects and data providers could drive API3’s adoption and increase its value.

  • Active Development

  • : Continuous development and updates indicate a committed team behind the project, aiming for long-term success.

  • Growing Ecosystem

  • : As the blockchain space expands, the demand for reliable data feeds increases, positioning API3 for potential growth.

  • Governance Participation

  • : Investing in API3 gives you a say in the project’s future through DAO governance, aligning with the ethos of decentralization.

USP of the Coin

  • Direct API-to-Smart Contract Integration

  • : API3 enables APIs to connect directly with smart contracts without intermediaries, enhancing efficiency and security.

  • Decentralized Governance

  • : The API3 DAO allows token holders to actively participate in decision-making, ensuring the project aligns with community interests.

  • Airnode Technology

  • : API3’s Airnode technology simplifies the onboarding process for data providers, fostering a more inclusive and extensive dAPI ecosystem.

Problem the Coin is Solving

API3 addresses the critical issue of connecting real-world data to smart contracts in a decentralized manner. By enabling direct integration of APIs into the blockchain without third-party oracles, API3 reduces the risk of manipulation, lowers costs, and enhances the efficiency and reliability of data feeds for decentralized applications.

Founder and Team Background

API3 was co-founded by Heikki Vanttinen, Burak Benligiray, and Saša Milić. Vanttinen has a background in technology and entrepreneurship, Benligiray brings expertise in smart contracts and blockchain technology, and Milić has experience in software engineering and data science. Together, they bring a wealth of knowledge and experience to the project, aiming to solve one of the blockchain industry’s most pressing challenges.

ICO Price

  • ICO Price

  • : $0.3 per API3

  • Listing Date

  • : December 2020

  • Initial Allocated Units

  • : 10 million API3 tokens were sold during the seed round, constituting 10% of the total supply.

Risks Associated in Investing in the Coin

  • Competition

  • : Established competitors may limit API3’s market penetration and growth.

  • Adoption Challenges

  • : Slow adoption by data providers and dApp developers could hinder the project’s success.

  • Technical Risks

  • : Potential vulnerabilities or failures in the technology could compromise data integrity.

  • Regulatory Uncertainty

  • : Changes in regulatory landscapes could adversely affect API3’s operation and token value.

  • Market Volatility

  • : Like all cryptocurrencies, API3 is subject to market volatility, which could lead to significant price fluctuations.

Whitepaper Insights

The API3 whitepaper outlines a comprehensive framework for creating decentralized APIs (dAPIs) that directly connect data providers to blockchain networks, eliminating the need for third-party oracles. The document begins by discussing the limitations of current oracle solutions, including issues of trust, cost, and centralization. It then introduces API3’s solution, which involves enabling data providers to operate their own nodes (Airnodes) to supply data directly to smart contracts.

A significant portion of the whitepaper is dedicated to explaining the technical architecture of API3, including the design and functionality of Airnodes, the API3 DAO, and the tokenomics model. The DAO plays a central role in the governance of the API3 network, allowing token holders to participate in decision-making processes, such as proposing and voting on upgrades and changes to the protocol.

The whitepaper also details the staking mechanism, which incentivizes token holders to participate in governance by offering staking rewards. Staked tokens also serve as collateral to back an insurance pool, which compensates users in the event of data feed failures or inaccuracies.

Furthermore, the document highlights the importance of first-party oracles in ensuring data integrity and reducing the risk of manipulation. By allowing data providers to directly connect their APIs to the blockchain, API3 aims to create a more secure, efficient, and transparent ecosystem for decentralized applications.

In conclusion, the API3 whitepaper presents a compelling vision for the future of decentralized data feeds, addressing critical issues in the current oracle landscape and proposing a novel solution that empowers data providers and enhances the functionality of smart contracts.

Returns Calculator

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Returns

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API3 to Converter

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API3

API3

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Price as per 07:03 PM • 21 Jul 2024

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What is the price of API3 (API3)?

The current price of API3 (API3) in INR is ₹183.77 INR.

What is the current API3 market cap?

The current market capitalization of API3 (API3) is ₹15,95,45,33,326.47 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of API3 by the number of coins in circulation.

What is the current supply of API3 (API3)?

The current supply of API3 (API3) is 86421978 API3. This figure represents the total number of coins that have been mined and are currently in circulation.

What is the 24 trading volume of API3 (API3)?

The 24-hour trading volume of API3 (API3) in INR is ₹1,17,60,73,427.19. This figure represents the total value of all API3 transactions across various exchanges within the last 24 hours.

How to Buy API3 (API3) in India?

To buy API3 (API3) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in API3.

Can I buy API3 (API3) with UPI?

Yes, you can buy API3 (API3) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.

How to Convert API3 (API3) to Indian Rupee (INR)?

To convert API3 (API3) to Indian Rupee (INR), you can use our API3/INR conversion rates in real time.

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