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Coin Metrics Joins API3’s Provider Network Enhancing Data Offerings

Twitter icon  •  Published vor 2 Monaten  •  Hassan Maishera

On Tuesday, the AP13 team announced via X that Coin Metrics had joined API3’s network of data providers.

On Tuesday, the AP13 team announced via X that Coin Metrics had joined API3’s network of data providers. The partnership expands API3’s network of providers that provide cryptographically secure and verifiable data for powering their decentralized data feeds, including liquid staking tokens (LSTs) and liquid staking tokens (LRTs).

Coin Metrics is a leading provider of transparent, high-quality cryptoasset market data. API3 leverages their CM Reference Rates, which provide aggregated, high-granularity price data for a broad range of crypto assets. This integration enables precise, up-to-date asset valuation, which is crucial for operating API3’s verifiably decentralized price feeds for LSTs.

API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is trading at $1.540, up 1% in the last 24 hours.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.