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The wBETH/ETH Exchange Rate Launches on the API3 Market

Twitter icon  •  Published 7 months ago on June 11, 2024  •  Hassan Maishera

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

The wBETH/ETH Exchange Rate Launches on the API3 Market

The API3 team announced via X on Monday that the wBETH/ETH Exchange Rate is now available on the API3 Market. $wBETH is an LST allowing users to earn yield while participating in DeFi activities outside of the BNB Chain. 

Thanks to this latest development, API3 users can now start using this new data feed to build on-chain products across 33 blockchains. 

API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is currently trading at $3.135, down by 8% 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.