On Tuesday, the API3 team announced via X that Alchemy has become a network data provider on API3. As a first-party oracle node operator, Alchemy will provide cryptographically secure and verifiable data to power API3’s multi-source data feeds for LSTs and LRTs on 40 blockchain networks.
Alchemy is a top blockchain infrastructure provider with tools that help developers build and scale dApps seamlessly. Their multichain RPC services ensure accurate, real-time asset valuations, key for API3’s multi-source LST and LRT data feeds.
API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is trading at $1.763, down 4% in the last 24 hours.