CoinGecko Formalizes New Partnership With Band Protocol to Support Band Standard Dataset and Phase 2
CoinGecko, one of the earliest and leading crypto data aggregators, has partnered with Band Protocol to provide highly accurate and reliable price feeds for over 6,000 unique crypto assets from over 400 exchanges. Trusted and utilized by the industry’s leading projects including Metamask, Trezor, Trust Wallet, amongst others — CoinGecko will be providing comprehensive crypto data on the newly launched Band Standard Dataset.
With the constantly growing cryptocurrency market, CoinGecko provides fundamental analysis of cryptocurrency markets through intricate valuation methodologies revolving around market capitalization, volume and price in addition to tracking for community growth, open-source code development, major events and on-chain metrics.
“CoinGecko has been a proud supporter of Band Protocol since its very first iteration in 2019. We are thrilled to see their oracle solution consistently evolve and adapt to developer needs while upholding the key values of decentralization and security.”
Bobby Ong, Co-Founder & COO of CoinGecko
CoinGecko will be a critical partner in collaboration with the next iteration of BandChain Phase 2. This will empower data providers with even more flexibility to monetize and commercialize their solutions, earning a fee on a per-call basis or time-interval and collect revenue directly on-chain.
“Band Protocol is extremely happy to have CoinGecko onboard as a key partner to assist and collaborate with on the launch of BandChain Phase 2 which will allow enterprise-grade data providers to seamlessly commercialize their solutions for blockchain developers.”
Soravis Srinawakoon, CEO & Co-Founder of Band Protocol
CoinGecko marks another addition to the reputable consortium of enterprise and institutional-grade data providers supporting BandChain Phase 2. We look forward to having their support on the development of Band Protocol and receive critical feedback to create a solution that will enable the strong majority of data on the open internet to be queried reliably through the BandChain decentralized oracle network.
The Band Standard Dataset has been integrated by over 20+ decentralized finance protocols on the top blockchain platforms including Ethereum, Binance Smart Chain, ICON, Waves, Nervos and Elrond among others. This partnership bring additional security and redundancy to the multiple high-quality data sources we use in our price oracles to secure hundreds of millions of dollars in total value locked on the Mainnet.
About CoinGecko
CoinGecko is the world’s leading independent cryptocurrency aggregator. Since 2014, it has been the trusted source of information for millions of cryptocurrency investors. Its mission is to empower the cryptocurrency community with a 360-degree overview of the market. CoinGecko provides comprehensive information derived from thousands of data points such as price, trading volume, market capitalization, developer strength, community statistics, and more. It currently tracks over 6,000 tokens from more than 400 exchanges.
For more information, please visit: https://coingecko.com/
About Band Protocol
Band Protocol is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts. Band Protocol enables smart contract applications such as defi, prediction markets, and games to be built on-chain without relying on the single point of failure of a centralized oracle. Band Protocol is backed by a strong network of stakeholders including Sequoia Capital, one of the top venture capital firms in the world, and the leading cryptocurrency exchange, Binance.
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