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Crypto asset aggregator platform CoinGecko launched a new Application Programming Interface (API) on Wednesday. This API will provide users with real-time, on-chain data for their preferred blockchain projects.
According to CoinGecko’s recent X post, GeckoTerminal will power the CoinGecko API to offer comprehensive tracking of decentralized exchange (DEX) activity across the entire cryptocurrency market.
Unparalleled DEX Data
The new CoinGecko API will unlock real-time tracking capabilities for DEX data.
1/ GM Geckos, today’s the day… 🚀🚀
On-chain DEX data is now directly accessible on CoinGecko API – powered by @GeckoTerminal.
Get on-chain token & liquidity pool data along with crypto price, market data, metadata and more from our API! Read on ⬇️#BuildwithCoinGecko pic.twitter.com/4LS41l3jBt
— CoinGecko (@coingecko) February 28, 2024
Users will now be able to access a wealth of insights into various DEX platforms, including crypto prices, market data, metadata, and more. The CoinGecko API will cover an impressive 2.2 million digital tokens distributed across 2.5 million liquidity pools within the DeFi ecosystem.
This indicates that the CoinGecko API will offer unrivaled access to 900 DEX platforms spread across 120 blockchain networks. The list includes Uniswap, Curve Finance, Sushiswap, and Orca.
CoinGecko also stated that all on-chain DEX data will be available across 20 new endpoints. This feature allows users to effortlessly navigate DEX pools by browsing top trends or searching for specific pools using smart contract addresses.
3/ All on-chain data is immediately available through 20 new endpoints. Don’t miss out on exploring these:
POOLS
• Trending Pools by Network
• Specific Pool by Contract Address
• Search Pools pic.twitter.com/hwDexHXPpB— CoinGecko (@coingecko) February 28, 2024
Besides the pool option, users can directly gain insight into a token’s data via its smart contract address and even draft up a chart using the Open, High, Low, Close, and Volume (OHLCV) feature.
4/ TOKENS
• Top Pools by Contract Address
• Token Data by Contract Address
• Token Info by Contract AddressOHLCV
• Pool OHLCV Chart by Contract Address…and many more! Check out all on-chain endpoints in our revamped API Docs 👇
— CoinGecko (@coingecko) February 28, 2024
CoinGecko co-founder Bobby Ong stated the API makes the platform a comprehensive hub for all DEX-related needs. This development eliminates the need for users to gather identical data from various sources, delve deeper into DeFi, and create new customer-oriented approaches.
CoinGecko API Addresses a Critical Need
The release of the CoinGecko API fills a major gap within the decentralized finance ecosystem.
Due to interoperability challenges across various blockchains, investors previously struggled to obtain on-chain data for well-informed decision-making. The CoinGecko API eliminates this complication, providing streamlined access to vital data for DeFi users.
Limit Order Feature Brings Automation to Uniswap
Another major development in the DeFi space came from Uniswap, the popular automated market maker (AMM) DEX protocol.
On Monday, the Uniswap Labs team announced the launch of the ‘Limit Order’ offering—the first in the DeFi space.
Say hello to the most expansive Limit Order offering in DeFi
Buy and sell any token at your price, on your terms, without having to watch the market
Now LIVE in the Uniswap web app 🦄 pic.twitter.com/qAxE5MYbu0
— Uniswap Labs 🦄 (@Uniswap) February 28, 2024
This feature allows users to buy and sell any ERC-20 token at their own prices and timeframes without requiring constant market monitoring. When users set a price range, Uniswap will execute trades automatically, similar to the functionality of centralized exchanges.
The Limit Order feature is now available on the Uniswap web app.
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