Api3

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

API3 TVL is all API3 token staked in the API3 DAO Pool contract

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

Api3's governance or utility token carries a market capitalisation of $42.3M based on circulating supply at the latest DeFiLlama snapshot. A further $18.1M sits in the protocol's native staking modules — these deposits are typically locked, vote-bonded, or earning a share of fees, and they reduce the freely circulating float that can hit the market.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.

1. Feb 1, 2022
   Listed on DeFiLlama

Api3 operates in the Oracle category of DeFi. It is deployed on Ethereum. The codebase has been independently audited (1 report on file).

Api3 is a single-chain protocol, deployed exclusively on Ethereum — this concentrates execution risk but simplifies the trust model. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.

Verified external resources for Api3 — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.