API3 is redefining how decentralized applications access real-world data by introducing first-party oracles—direct, trustless, and economically optimized data feeds that empower developers and protocols across Web3. With its current price at $0.6023** and a 24-hour trading volume of **$9 million, API3 continues to gain momentum as a foundational infrastructure layer in the blockchain ecosystem. The circulating supply stands at 86.42 million API3 tokens, with a maximum supply capped at 149.21 million, ensuring long-term scarcity and value alignment.
But beyond market metrics, what truly sets API3 apart is its innovative approach to oracle technology—one that prioritizes transparency, security, and economic fairness for builders.
What Is API3?
👉 Discover how first-party oracles are transforming Web3 data access.
API3 delivers first-party oracles—a breakthrough model where real-world data providers run their own oracle nodes directly on the blockchain. This eliminates third-party intermediaries that traditionally introduce latency, opacity, and single points of failure. Instead, data flows natively from source to smart contract, preserving integrity and enabling verifiable trust.
By cutting out the middlemen, API3 ensures unparalleled transparency and security, making it ideal for high-stakes environments like DeFi, prediction markets, and cross-chain applications.
At the heart of this innovation is the concept of Oracle Extractable Value (OEV). In traditional oracle models, valuable data-driven opportunities are often captured by external extractors—such as MEV bots—rather than the protocols generating demand. API3 flips this model by allowing oracles themselves to capture and redistribute OEV back to integrated dApps, creating a more equitable and efficient ecosystem.
Core Features of API3
First-Party Oracles
Unlike third-party oracle networks that aggregate data through intermediaries, API3 enables data providers to operate their own on-chain oracles. This direct integration ensures:
- Full control over data accuracy and uptime
- Transparent audit trails from source to blockchain
- Reduced attack surface and censorship resistance
This shift not only improves technical reliability but also aligns incentives between data providers and dApp developers.
dAPIs – Decentralized APIs
API3 introduces dAPIs (decentralized APIs): on-chain, verifiable, and easily integrable data feeds built from first-party sources. These dAPIs offer:
- Native blockchain accessibility via smart contracts
- Customizable configurations for specific use cases
- Seamless deployment across multiple chains
Developers can integrate dAPIs with just a few lines of code, accelerating time-to-market while maintaining robustness.
OEV Network: Capturing Value Where It Belongs
The OEV Network is a game-changing component of the API3 stack. It allows oracles to capture and redistribute extractable value generated from data usage—value that would otherwise be lost to external actors.
Key benefits include:
- Over 43 blockchain networks supported
- More than 150 asset price feeds available
- Direct OEV rewards funneled back into integrated dApps
This creates a sustainable economic model where data infrastructure doesn’t just serve protocols—it actively contributes to their revenue.
DAO Governance
API3 operates under a decentralized autonomous organization (DAO) structure, ensuring community-driven evolution. Token holders participate in:
- Protocol upgrades
- Funding proposals
- Strategic direction
This transparent, collaborative governance model reinforces decentralization and long-term resilience.
Why First-Party Oracles Matter
Traditional oracle solutions rely on third-party aggregators to pull off-chain data and push it onto blockchains. While functional, this model introduces several risks:
- Opacity: Users cannot verify data provenance
- Centralization: Reliance on small validator sets
- Value leakage: OEV captured by external entities
API3 solves these issues by enabling first-party data publishing—imagine stock exchanges or weather services running their own oracle nodes. This not only improves trust but also allows them to monetize their data fairly while empowering dApps with reliable inputs.
👉 See how integrating first-party oracles can boost your dApp’s performance and profitability.
Use Cases Across Web3
DeFi Lending & CDP Protocols
In decentralized finance, accurate and tamper-proof price feeds are critical. API3’s first-party dAPIs help DeFi protocols:
- Reduce slippage during liquidations
- Minimize exposure to MEV attacks
- Earn OEV rewards directly into the protocol treasury
This results in safer, more efficient lending platforms with improved capital efficiency.
Prediction Markets
Prediction markets depend on real-world outcomes—election results, sports scores, economic indicators. With API3, these markets gain access to verified, source-authenticated data, reducing manipulation risks and increasing user trust.
Synthetic Assets & Derivatives
Platforms issuing synthetic stocks, commodities, or fiat-backed tokens require precise, continuous pricing. API3’s multi-chain dAPIs ensure consistent valuation across ecosystems, supporting complex financial instruments with confidence.
Automation & Smart Contract Triggers
From auto-rebalancing portfolios to conditional payments, many dApps rely on external triggers. API3 enables secure, automated execution based on trustworthy real-world events—without relying on opaque middlemen.
Getting Started with API3
Ready to integrate? Here’s how builders can begin leveraging API3 today:
- Explore the Api3 Market
Visit market.api3.org to browse live oracle feeds and connect them instantly to your dApp. - Read Developer Documentation
Access comprehensive guides, code samples, and integration tutorials tailored for various frameworks and chains. - Activate OEV Rewards
Integrate with the OEV Network to start capturing value generated by your application’s data usage. - Join the DAO
Participate in governance, propose improvements, and help shape the future of decentralized data infrastructure.
Frequently Asked Questions (FAQ)
Q: What makes API3 different from other oracle networks?
A: API3 uses first-party oracles—data providers run their own nodes—eliminating intermediaries. This enhances transparency, security, and allows OEV recovery directly at the oracle level.
Q: How does API3 handle Oracle Extractable Value (OEV)?
A: Instead of letting MEV bots capture value from data queries, API3’s OEV Network enables oracles to extract and redirect that value back to integrated dApps, creating a fairer economy.
Q: Can I use API3 across multiple blockchains?
A: Yes. API3 supports over 43 chains, including Ethereum, Polygon, Arbitrum, Optimism, and BNB Chain, enabling seamless cross-chain deployments.
Q: Is API3 suitable for non-DeFi applications?
A: Absolutely. Any dApp requiring real-world data—such as gaming, NFT platforms, insurance, or IoT systems—can benefit from API3’s secure and verifiable feeds.
Q: How is API3 governed?
A: API3 operates as a DAO. Token holders vote on upgrades, funding requests, and strategic initiatives, ensuring decentralized control.
Q: Where can I buy API3 tokens?
A: API3 is listed on major exchanges globally. For secure trading options and real-time price tracking, users can explore leading platforms supporting the token.
👉 Learn how API3’s tokenomics support long-term growth and utility in Web3 ecosystems.
Conclusion
API3 is more than an oracle provider—it’s a new paradigm for data infrastructure in Web3. By combining first-party oracles, decentralized APIs, and OEV redistribution, API3 empowers developers to build smarter, safer, and more profitable applications.
Whether you're launching a DeFi protocol, building a cross-chain dApp, or creating innovative data-driven experiences, API3 offers the tools to ensure your project thrives in a trustless environment. As the demand for reliable off-chain data grows, API3 stands at the forefront—delivering not just information, but value.
With strong adoption across chains and a growing ecosystem of dAPIs, API3 is positioning itself as an essential pillar of the decentralized internet.
Core Keywords:
API3 price, first-party oracles, decentralized APIs (dAPIs), Oracle Extractable Value (OEV), blockchain data infrastructure, Web3 developers, DeFi oracle solutions