Jimmy Aki

Last updated: February 28, 2024 12:41 EST | 2 min read

CoinGecko API

Image by Jimmy Aki, Midjourney

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.

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.

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.

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’ offeringthe first in the DeFi space.

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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