March 28, 2024
Latest Cryptocurrency News

CoinGecko Enhances DEX Data Accessibility with New API Integration

Digital asset data aggregator CoinGecko has taken a significant step towards providing seamless access to on-chain data from decentralized exchanges (DEXs). On February 28, CoinGecko unveiled a new feature, integrating DEX data into its application programming interface (API) with support from its DEX tracking arm, GeckoTerminal.

This enhancement allows users to tap into a unified API offering comprehensive crypto prices, market data, metadata, and on-chain liquidity pool data for cryptocurrencies not yet listed on CoinGecko. The update broadens CoinGecko’s API coverage to encompass 2.2 million tokens across 2.5 million liquidity pools, offering users access to data from approximately 900 DEXs spanning 120 networks. Notable DEXs covered include Uniswap, PancakeSwap, Orca, Curve, and Balancer.

CoinGecko’s co-founder, Bobby Ong, emphasized the significance of this update in empowering the crypto community. He stated, “With on-chain DEX data now accessible through the CoinGecko API, users can harness the information without having to consolidate from multiple sources, dive deeper into the decentralized ecosystem and unlock new avenues of product creation.”

This announcement aligns with recent developments in the decentralized finance (DeFi) space. On February 22, Aave deployed its lending protocol on the BNB Chain network, facilitating the development of applications building on Aave’s liquidity. Meanwhile, Uniswap is set to launch a web extension for its native wallet on February 27, enabling users to seamlessly send, receive, buy, and swap digital assets directly from their browsers. Uniswap has also introduced a waitlist for users who claimed a uni.eth username, granting them access to the beta version of the extension.

CoinGecko’s commitment to providing comprehensive and accessible data further strengthens its position in the digital asset space, contributing to the ongoing evolution of the decentralized financial landscape.

Image by Gerd Altmann from Pixabay

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