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View ChartAPI3 (API3) is an Ethereum-based cryptocurrency and oracle infrastructure project that powers decentralized APIs, known as dAPIs, connecting real-world data providers directly to smart contracts. The project's core technology is first-party oracles, in which data providers run their own oracle nodes on-chain rather than routing data through third-party intermediaries. This design is intended to improve security, transparency, and data-source integrity. API3 was founded in 2020, its whitepaper was unveiled in September 2020, and the token went live in early December 2020 following a token sale. The project operates as a DAO, meaning token holders govern the network's direction and upgrades. The founding team holds a 30.00% allocation. API3 has raised US$3M in a single funding round from Placeholder, and the team has grown to 23 employees. API3's positioning centres on a simple proposition: oracles that pay you, with revenue from OEV, Curator fees, and ETH staking yield channelled back into the ecosystem.
API3 was co-founded by Heikki Vänttinen, who serves as CEO, and Burak Benligiray, who authored the project's whitepaper titled "Decentralized APIs for Web 3.0." Saša Milić is also identified as a co-founder. Heikki Vänttinen is based in Bangkok, Thailand, and has been associated with Zippie, Equilibrium Labs, and Aava & Bang. API3 is a Cayman Islands-based decentralized technology organization headquartered in George Town. The project's founding team holds a 30.00% token allocation. The team has grown to 23 employees. The whitepaper, authored by Burak Benligiray, has been cited 33 times and presents a structured plan for creating secure, cost-efficient, and transparent decentralized APIs.
API3 replaces legacy third-party oracle networks with first-party oracle solutions. In this model, real-world data providers operate their own oracle nodes directly on-chain, eliminating intermediaries and improving transparency and trust. These data sources are aggregated into dAPIs, which are verifiable and accessible on-chain, and can be integrated with just a few lines of code. The OEV Network is a core innovation that recaptures Oracle Extractable Value, which protocols typically lose to MEV bots. By reclaiming this value at the oracle level and returning it to the dApps that generate it, API3 aligns incentives and creates more economically optimized oracle feeds. According to API3, the OEV Network supports 43+ chains and over 150 asset feeds, and API3 reports 100+ data feeds on every chain. API3 also offers AirnodeHub, an early-access marketplace where agents can discover, call, and pay for APIs autonomously, with data sources compensated for every response.
API3's primary differentiator is its first-party oracle architecture, which removes intermediaries between data providers and smart contracts. This approach is designed to deliver more security, efficiency, and data-source integrity than legacy third-party networks. The OEV Network further distinguishes API3 by enabling dApps to recapture value that would otherwise leak to MEV bots, turning oracles from a cost centre into a potential revenue source. The project's tagline, "Oracles that pay you," reflects this value proposition. API3 also emphasizes that it is not just an oracle provider but a platform for reclaiming control and value in Web3. With 100+ data feeds on every chain and a DAO governance model, API3 offers builders a transparent and economically aligned data infrastructure.
API3 powers the API3 project, which connects traditional APIs with the blockchain ecosystem. The token is used within a DAO where holders govern the network's direction and upgrades, with proposals, funding, and protocol upgrades driven by community stakeholders. API3 is also central to the project's value flows: OEV revenue, Curator fees, and ETH staking yield are channelled into recurring market buys of API3, per an approved DAO decision. The token supports the broader ecosystem, including dAPIs, the OEV Network, and AirnodeHub. Target users include DeFi lending and CDP protocols, prediction markets, synthetic assets, advanced automation tools, and any dApp that depends on real-world data. API3's infrastructure is designed for builders launching DeFi protocols or scaling across multiple chains.
The API3 ecosystem is expanding through several active components. The Api3 Market allows users to browse live oracle feeds and integrate them with minimal code. The OEV Network supports 43+ chains and over 150 asset feeds. Total OEV Rewards paid stand at about US$416,069, with totals updated through the 7th of each month (per API3). AirnodeHub is in early access as a marketplace for agents to discover, call, and pay for APIs, with data sources earning revenue for every response. API3 reports 100+ data feeds on every chain. API3 operates as a DAO, and a proposal on the future of API3 token emissions is to be submitted to the DAO, with voting power snapshotted at proposal creation. Recent governance activity includes an approved DAO decision to channel OEV revenue, Curator fees, and ETH staking yield into recurring market buys. According to Yahoo Finance, API3 trades on roughly 250 active markets.
API3 is not mined through proof-of-work. It is an Ethereum-based token, and the network operates on Ethereum's proof-of-stake security model. There is no traditional mining process for API3. Instead, participation in the ecosystem revolves around staking, governance, and data provision. API3 itself is an ERC-20 governance token on Ethereum and is not mined; holders participate through DAO governance, while data providers run first-party oracle nodes and are paid for their services, and ETH staking yield is channelled into recurring market buys of API3 per an approved DAO decision. Data providers can run first-party oracle nodes and earn revenue for their services, while dApps can integrate dAPIs and potentially earn OEV Rewards.
Keeping API3 safe requires attention to several risk factors. Smart contract risk is a concern, as vulnerabilities in smart contracts may be exploited and lead to significant losses. Scam risk is also present, with bad actors potentially launching tokens with no real intention of developing the project. Data risk exists because some protocols rely on external data sources that may be vulnerable to attack, which could result in disruption and devaluation. Protocol complexity can make DeFi protocols challenging to understand. API3 is a high-risk investment, and investors should not expect to be protected if something goes wrong. Crypto is not regulated or protected and is volatile, meaning value can go down. Thin liquidity can amplify price drops, so trade sizes should be sized with that in mind. Using reputable wallets, verifying contract addresses, and staying informed about exchange delistings and regulatory events are practical precautions. This article is for information only and does not constitute investment advice. Crypto asset prices are volatile and you may lose your entire investment.
API3 is listed on several major exchanges, including Binance (API3/USDT spot), Coinbase, Kraken and Crypto.com. Compare fees, liquidity and regulatory standing before choosing a venue. Leveraged and perpetual trading can magnify losses.
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TradeAs of right now, the live price of API3 (API3) is C$0.344663. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated API3 to USD rate at the top of BTCC’s price page. In terms of market scope, API3 records a 24h trading volume of C$10.469154M (reflecting total buying and selling activity over the last 24 hours), with a total market cap of C$30.396889M. Its current circulating supply stands at 86.42M out of a maximum supply cap of ∞.
The price volatility of API3 (API3) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Bank of Canada or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (86.42M) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, API3 (API3) hit an all-time high (ATH) of C$14.448947 on 2021-04-07 06:50, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at C$0.257406 on 2026-08-14 11:00. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading API3 futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (C$10.469154M), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s API3USDT perpetual contracts support two-way trading. If you anticipate a price decline for API3, simply log into your BTCC account with USDT margin available, navigate to the API3USDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for API3USDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: C$0.344663), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for API3USDT with zero financial risk.
Trading API3 (API3) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for API3USDT, and review its live price (C$0.344663) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
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