API3 Price

Unlike traditional oracle solutions that operate as "third-party" intermediaries—obscuring real data sources and introducing middlemen—API3 operates as a first-party oracle network. Key differentiators include:

• Airnode: A lightweight, fully serverless oracle node that API providers can easily run themselves, allowing them to broadcast data on-chain directly.
• Verifiable Data Sources: By connecting directly with data providers via dAPIs, data feeds remain provable and transparent.
• OEV Rewards: Api3 reclaims lost value from Oracle Extractable Value (OEV) and returns it back to DeFi protocols, effectively providing oracles that pay decentralized applications to use them.
• Ease of Deployment: The API3 Market allows automated, instant configuration of price feeds in just a few clicks.

The API3 token serves two primary ecosystem functions:

• Governance: Token holders directly govern the decentralized protocol by proposing changes, voting on network upgrades, and shaping the future direction of the ecosystem.
• Staking: Token holders can stake their API3 tokens to secure the network. The staking mechanism targets a 50% threshold of total supply staked, with a floating inflation rate that increases by 1% per week if staking is below target, and decreases by 1% per week if it exceeds target.

You can use the API3 token within its ecosystem in the following ways:

• Staking: Stake API3 tokens to participate in securing the network while taking part in the protocol's floating staking dynamic.
• Protocol Governance: Exercise voting rights on decentralized governance proposals, system upgrades, and strategic decisions.
• Decentralized API Payments: Through features such as AirnodeHub, autonomous agents can discover, call, and pay for APIs directly using cryptocurrency rails.

Api3 can be bought on the SwissBorg app with just a few clicks. Download the app for Android or iOS and exchange cryptos instantly at the best price.

Api3 addresses key limitations in traditional blockchain data integration:

• The Middleman & Trust Problem: Traditional oracles act as third parties, obscuring original data origins and adding security and centralization risks.
• Complex Oracle Setups: Traditional nodes require cumbersome infrastructure; API3 eliminates this via Airnode, a serverless, easy-to-deploy node designed for data providers.
• Value Leakage (MEV/OEV): Standard oracle price updates cause value to leak to block producers who front-run or prioritize transactions. Api3 captures this Oracle Extractable Value (OEV) to return the reclaimed value to lending protocols and dApps.

Yes, Api3’s core software is open-source. Developers can review, contribute to, and inspect the codebase via the official Airnode GitHub repository. The repository contains public packages, CLI deployers, protocol contracts, ABI specifications, and documentation for operating nodes across supported chains.

The API3 token initially launched with a total starting supply of 100 million tokens. It is designed with an inflationary model that utilizes a floating inflation rate, which adjusts upward or downward weekly based on whether the network has achieved its 50% staking target.

Api3 achieves high scalability by deploying fully serverless Airnodes and integrating directly with high-performance Layer 1 and Layer 2 EVM blockchains. Having secured integrations across 20+ EVM chains and expanding to 30+ networks, its serverless first-party architecture minimizes off-chain friction while supporting over 100+ data feeds across multiple ecosystems.

The governance model of Api3 is entirely decentralized through a DAO structure managed by API3 token holders. Holders are empowered to propose structural changes, vote on protocol updates, and steer development paths democratically, ensuring alignment between data providers, developers, and token holders.

The long-term vision of Api3 is to power Web 3.0 by providing decentralized, transparent, and direct API connections that make traditional middlemen obsolete. The project aims to expand its dAPIs across more than 30 EVM-compatible Layer 1 and Layer 2 networks, pioneer solutions for OEV to stop value leakage in lending platforms, and enable autonomous API marketplaces like AirnodeHub where software agents seamlessly discover and pay for data feeds.