What is Api3?

Symbol: API3 · Market cap rank: #545

Short answer

Api3 (API3) is a cryptocurrency currently ranked #545 by market capitalisation. It is classified as DeFi, Oracle.

Source: isthiscoinascam.com

Overview

Api3 focuses on providing first-party oracles that integrate real-world data with smart contracts. The platform aims to reclaim value through a mechanism known as Oracle Extractable Value (OEV).

Founded in 2020, Api3 operates on the Ethereum blockchain. The project seeks to enable decentralized data feeds while allowing users to benefit financially through its market structure. Further details about its supply cap and governance model are not specified.

Launched: 2020

Headquarters: Unknown

Scam-risk analysis

Api3 has a moderate score — some risk signals were raised but no critical concerns. Is Api3 a scam?

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