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API3 is an ERC-20 governance and staking token used within the API3 decentralized oracle network, where holders participate in governing the protocol and staking to secure coverage policies. Users commonly swap into API3 to participate in on-chain governance or staking, and swap out when they want to reallocate into other Ethereum-based assets. Because API3 operates exclusively on Ethereum, every swap involves an Ethereum address and is subject to network conditions.
Before swapping API3, confirm your receiving wallet supports ERC-20 tokens on Ethereum — sending to an address that does not support ERC-20 tokens could result in permanent loss. API3 runs solely on Ethereum, so there are no alternative networks to select; double-check that you are sending to and from an Ethereum-compatible address. Ethereum confirmation times can vary depending on network congestion, so factor that in if timing matters for your use case. The Zest widget displays the estimated rate and output amount before you confirm, giving you a chance to review the terms of the swap. No memo or destination tag is required for API3 transfers.
Ethereum
API3 (API3) is a cryptocurrency launched in 2020and operates on the Ethereum platform. API3 has a current supply of 174,259,384.58766791 with 86,421,978 in circulation. The last known price of API3 is 0.22222203 USD and is up 1.65 over the last 24 hours. It is currently trading on 244 active market(s) with $8,065,848.79 traded over the last 24 hours. More information can be found at https://api3.org/.
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