The CoinGecko API expands on-chain data DEX coverage to 2.2 million tokens in 2.5 million liquidity pools
Last update:
February 28, 2024 12:41 EST | 2 minutes read
Image by Jimmy Aki, Midjourney
Crypto asset aggregator platform CoinGecko launched a new application programming interface (API) on Wednesday. This API provides users with real-time on-chain data for their favorite blockchain projects.
According to CoinGecko's recent X post, GeckoTerminal will support the CoinGecko API to enable comprehensive tracking of decentralized exchange (DEX) activity across the cryptocurrency market.
Unprecedented DEX data
The new CoinGecko API will unlock real-time tracking capabilities for DEX data.
1/ GM Geckos, today is the day… 🚀🚀
On-chain DEX data is now directly accessible via the CoinGecko API – powered by @GeckoTerminal.
Get on-chain token and liquidity pool data along with crypto prices, market data, metadata and more from our API! Read more ⬇️#BuildwithCoinGecko pic.twitter.com/4LS41l3jBt
– CoinGecko (@coingecko) February 28, 2024
Users can now access numerous insights across 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 suggests that the CoinGecko API offers 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 instantly available via 20 new endpoints. Don't miss this exploration:
POOLS
• Trend pools by network
• Specific pool by contract address
• Search pools pic.twitter.com/hwDexHXPpB
– CoinGecko (@coingecko) February 28, 2024
In addition to the pool option, users can gain direct insight into a token's data via the smart contract address and even create 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 information by contract address
OHLCV
• Pool OHLCV chart by contract address
…and many more! Check out all on-chain endpoints in our revised API docs 👇https://t.co/Wijvq4C6lD
– CoinGecko (@coingecko) February 28, 2024
CoinGecko co-founder Bobby Ong explained that the API makes the platform a comprehensive hub for all DEX-related needs. This development eliminates the need for users to collect identical data from different sources, delve deeper into DeFi and develop new customer-centric approaches.
The CoinGecko API fills a critical need
The release of the CoinGecko API fills a major gap in the decentralized finance ecosystem.
Due to the interoperability issues of various blockchains, investors have previously struggled to obtain on-chain data for informed decision making. The CoinGecko API removes this complication and provides DeFi users with streamlined access to important data.
The 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 comprehensive limit order offering in DeFi
Buy and sell any tokens at your price and terms without having to monitor the market
Now LIVE on 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 time frames without the need for constant market monitoring. When users set a price range, Uniswap executes 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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