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The inETH/ETH Exchange Rate Launches on the API3 Market

Twitter icon  •  Published 4 months ago on August 15, 2024  •  Hassan Maishera

The API3 team announced via X on Wednesday that the inETH/ETH Exchange Rate is now available on the API3 Market.

The inETH/ETH Exchange Rate Launches on the API3 Market

The API3 team announced via X on Wednesday that the inETH/ETH Exchange Rate is now available on the API3 Market. $inETH is the native LRT by Inception, allowing users to restake ETH to earn rewards.

Thanks to this latest development, API3 users can now use this new data feed to build on-chain products across 37 blockchains. 

API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is trading at $1.376, down 3.5% 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.