CandleFocus

API3 Joins Coin Metrics to Boost Decentralized Data Feeds for Liquid Staking Coins

API3, a decentralized data platform, has announced a partnership with Coin Metrics, a provider of cryptocurrency market data. The collaboration aims to strengthen API3's decentralized data feeds, specifically for liquid staking reward tokens and liquid staking tokens. Coin Metrics will provide verifiable cryptocurrency market data, which powers DeFi protocols. The integration will enhance API3's ability to offer decentralized price feeds for these tokens, improving their integration and usability across platforms. This development is seen as crucial in supporting the market's transition to a more rollup-centric future.

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