About API3 Coin
API3 price today is $5.62 with a 24-hour trading volume of $26,013,579. API3 price is down -3.4% in the last 24 hours. It has a circulating supply of 20 Million API3 coins and a max supply of 100 Million. Uniswap (v2) is the current most active market trading it.
API3 is a platform for decentralized API services targeted at the web3 infrastructure. Data feeds are served and governed in a decentralized manner. In the standard internet web, APIs are hosted by centralized services leading to a single point of failure. Conversely here, data will be distribuetd across different providers and will also be accessable by smart contracts.
Does API3 have a token?
Yes, API3 token is the governance token for the DAO. Holders of the token will be able to participate in governing the direction of the protocol. Holders can also stake their tokens to secure the network while being able to earn rewards for their contribution.