The APIS Integrates Chainlink Price Feeds
The APIS is a platform that provides a one-stop middleware solution for decentralized querying, indexing, and writing services, delivered instantly across multiple blockchains. The APIS has integrated Chainlink Price Feeds on Ethereum mainnet.
By integrating the industry-leading decentralized oracle network, The APIS has access to high-quality, tamper-proof price feeds. It will help The APIS to build a more unified and user-friendly experience for its community through its data analytics product, Hook. This will provide its users with stronger assurances that the NFT analytics on its platform leverage high-quality, decentralized price data.
The APIS initial integration involves the use of the following Chainlink Price Feed:
ETH/USD
The APIS chose Chainlink as its go-to oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink already helps secure leading DeFi protocols. Responsible for tens of billions of dollars in smart contract value, maintaining robust security and high availability. Even amidst unexpected events, such as exchange downtime, flash crashes, and data manipulation attacks via flash loans.
“ We have made a great effort to deep dive and visualize NFT asset trading volume data in real-time, enabling our users to fully understand NFT market trends through The APIS platform. ”— The APIS Statement
About The APIS
The APIS is an indexing protocol for reading and writing to open networks. Making APIs open and accessible to power a decentralized world.
About Chainlink
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API.
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