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The insfrxETH/sfrxETH Exchange Rate Launches on the API3 Market

Twitter icon  •  Published 2 weeks ago  •  Hassan Maishera

On Saturday, the API3 team announced via X that the insfrxETH/sfrxETH Exchange Rate is now available on the API3 Market.

On Saturday, the API3 team announced via X that the insfrxETH/sfrxETH Exchange Rate is now available on the API3 Market. $insfrxETH is an LRT by Inception, giving users on Fraxtal auto-compounding rewards and boosting capital efficiency.

Thanks to this latest development, developers can start using this new data feed to build onchain products.

API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is trading at $1.724, up 3% 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.