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The ZK/USD Exchange Rate Launches on the API3 Market

Share on X icon · Published 1年前 on October 28, 2024 · Hassan Maishera

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

The ZK/USD Exchange Rate Launches on the API3 Market

On Sunday, the API3 team announced via X that the ZK/USD Exchange Rate is now available on the API3 Market. $ZK is the native utility and governance token powering the ZKSync ecosystem. Developers can start using this new data feed across 38 blockchains today.

API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is trading at $1.643, up 15% in the last 24 hours. 

ZKsync is a Layer-2 scaling solution that makes transactions on Ethereum cheaper and faster by utilizing zero-knowledge rollups (zk-rollups) and zero-knowledge proofs (ZKPs). ZK is down 3% and is currently trading at $0.1250.

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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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