API3 Partners with CoinGecko to Expand Decentralized Data Feeds

API3
API3
Published in
3 min readFeb 22, 2024

We are proud to announce our partnership with CoinGecko API, one of the most reliable and comprehensive cryptocurrency data providers for traders and developers. This partnership expands the number of providers that provide cryptographically secure and verifiable data for aggregating our decentralized data feeds onchain.

CoinGecko is the world’s largest independent cryptocurrency data aggregator tracking over 12,000 cryptocurrencies across more than 900 exchanges, including crypto giants like Binance, Crypto.com, and Kraken. Additionally, it monitors 3,500+ NFT collections across 20+ marketplaces such as Opensea and Looksrare. In operation since early 2014, CoinGecko has been committed to delivering high-quality data, testament to its solid team of cryptocurrency specialists.

As one of high-quality, reputable providers powering decentralized data feeds (dAPIs), this partnership is a crucial step towards bringing real-world data onchain in a verifiable and decentralized way. The partnership will offer developers expanded access to a wide variety of real-time data, including cryptocurrencies, market data, forex, and commodities.

Airnode: The Bridge to the Blockchain

API3’s Airnode enables a straightforward, serverless connection between CoinGecko’s APIs and blockchain applications, facilitating real-time data flow without the need for third-party intermediaries. This first-party oracle solution enhances data security, maintains source integrity, and reduces operational costs. By connecting over 12,000 coins and a wealth of market data directly to the blockchain, this partnership elevates the quality and reliability of data that developers use to power their applications.

Airnode is designed around the data provider’s needs. Its effortless operation requires zero maintenance post-deployment. Its zero-trust framework connects APIs directly to the blockchain, ensuring complete data integrity. As Airnode is EVM-compatible, it is easy to deploy these data feeds across many chains to quickly scale onchain finance.

Powering dApps with Verifiable, Decentralized Data Straight from the Source

API3’s vision is to redefine the standards for onchain data by pioneering decentralized data feeds that facilitate a direct connection between data providers and smart contracts. This first-party oracle architecture ensures end-to-end transparency and significantly improves data security and reliability through the aggregation of multiple data sources into each data feed.

We are committed to building an open, decentralized web and are happy to welcome CoinGecko into our growing network of data providers that integrate off-chain data directly to the blockchain. Builders can utilize dAPIs across 16 blockchains on the API3 Market, with the ability to verify the source and degree of decentralization of those data feeds onchain.

About CoinGecko

Since 2014, CoinGecko has been a trusted source of information by millions of cryptocurrency investors. As the world’s largest independent cryptocurrency data aggregator, its mission is to empower the cryptocurrency community with an in-depth, 360-degree overview of the market. CoinGecko delivers comprehensive information from thousands of data points such as price, trading volume, market capitalization, developer strength, community statistics, and more. It currently tracks over 10,000 crypto assets from 900 exchanges worldwide. For more information about CoinGecko and its API, visit www.coingecko.com and www.coingecko.com/api.

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