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The POL/USD Exchange Rate Launches on the API3 Market

Twitter icon  •  Published 1 year ago on September 16, 2024  •  Hassan Maishera

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

The POL/USD Exchange Rate Launches on the API3 Market

On Saturday, the API3 team announced via X that the POL/USD Exchange Rate is now available on the API3 Market. $POL is the native utility and governance token of the Polygon blockchain. 

Thanks to this latest development, the new data feed is now available on 37 blockchain networks. 

API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is trading at $1.480, down 3% in the last 24 hours. 

Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. POL is down 5% in the last 24 hours and trades at $0.3843.

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Hassan Maishera

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.