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The mstETH/ETH Exchange Rate Launches on the API3 Market

Share on X icon · Published 1 year ago on December 2, 2024 · Hassan Maishera

On Saturday, the API3 team announced via X that the mstETH/ETH Exchange Rate is now available on the API3 Market.

The mstETH/ETH Exchange Rate Launches on the API3 Market

On Saturday, the API3 team announced via X that the mstETH/ETH Exchange Rate is now available on the API3 Market. $mstETH, a LRT on Eigenpie, unlocks extra rewards for stETH holders through restaking.

Thanks to this latest development, API3 users can now use this new data feed to build on-chain products across 40 blockchains. 

API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is trading at $2.284, down 1% in the last 24 hours. 

 

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Hassan Maishera
Hassan Maishera Senior Reporter

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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