Accurate market data for decentralized finance applications
Support DeFi applications with real-time cryptocurrency prices, historical market data, exchange rates, and portfolio valuations that improve the user experience across lending, trading, staking, and yield products.
Decentralized finance (DeFi) applications allow users to trade, lend, borrow, stake, and manage digital assets without traditional financial intermediaries.
While blockchain protocols execute transactions, users still rely on market information to understand asset values, evaluate positions, and make informed financial decisions. Clear and consistent pricing is essential throughout the DeFi experience.
DeFi users interact with multiple assets, protocols, and blockchains in a single application.
They expect to see current portfolio values, historical price charts, and accurate currency conversions regardless of where their assets are held. As applications expand, keeping every feature aligned to the same market information becomes increasingly difficult.
Use real-time market data so token prices remain current throughout dashboards, trading interfaces, portfolio views, and staking applications.
Use normalized market data and the Exchange Rates API to calculate the market value of crypto assets in the reporting currency selected by the user.
Use historical prices and OHLCV data to build price charts and market history that help users evaluate assets beyond current prices.
Support additional cryptocurrencies through one standardized market data platform instead of integrating separate pricing providers as the application grows.
Use one market data source across wallets, swaps, lending dashboards, staking interfaces, and reporting so users see the same prices throughout the application.
| What You Need | Before CoinAPI | After CoinAPI |
|---|---|---|
| Display token prices | Different parts of the application rely on different pricing sources | Show one consistent market price throughout the platform |
| Help users understand their holdings | Display token balances without clear market values | Calculate holdings using normalized market data and the Exchange Rates API |
| Show historical market performance | Build historical pricing infrastructure internally | Access historical prices and OHLCV through APIs and Flat Files |
| Support additional cryptocurrencies | Integrate pricing providers for every new asset | Expand coverage through one standardized market data platform |
| Keep the user experience consistent | Wallets, trading screens, and dashboards show different prices | Apply one pricing methodology across every DeFi feature |
| Grow the application | Build new market data infrastructure as products expand | Reuse one market data platform across the entire ecosystem |
