Api3 (API3)
CryptoScore Pro global score : 63/100 (computed on 2026-10-29)
API3 is a decentralized oracle solution built on the Ethereum blockchain, designed to bridge the gap between traditional web APIs and blockchain-based smart contracts. Unlike third-party oracle networks that rely on intermediaries, API3 leverages first-party oracles operated directly by API providers, eliminating unnecessary layers of trust and reducing attack surfaces. This approach targets developers, DeFi protocols, and enterprises seeking reliable, tamper-proof data feeds for applications ranging from lending platforms to insurance products. By enabling direct integration of real-world data into smart contracts, API3 addresses a critical infrastructure need in the blockchain ecosystem, where accurate and timely data is essential for executing trustless agreements. At the core of API3’s architecture is Airnode, a lightweight, serverless oracle node that allows API providers to deploy their own oracles without requiring blockchain expertise. Airnodes are designed to be permissionless and self-sustaining, with providers staking API3 tokens to signal commitment and earn rewards. The network employs a decentralized governance model to manage data feed quality, dispute resolution,…
Scores by pillar
| Technology | 39/100 |
|---|---|
| Tokenomics | 75/100 |
| Team | 70/100 |
| Adoption | 73/100 |
| Liquidity | 71/100 |
| Compliance | 70/100 |
Market data
| Price | $0.2401 |
|---|---|
| Market cap | $35.55M |
| 24h volume | $3.40M |
| Market cap rank | #655 |
| 24h change | -8.22% |
| 7d change | -29.03% |
| Blockchain | Ethereum |
| Sector | Oracle |
Analysis
Api3 is an oracle, a bridge connecting web data and blockchain, on Ethereum. It uses Airnodes, lightweight nodes allowing data providers to broadcast their feeds without technical intermediaries. The token is used for staking, i.e. as a collateral deposit, by data providers.