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Cryptocurrency asset data aggregator CoinGecko has launched a feature that will make it easier for the community to access data on decentralized exchanges (DEXs) and blockchain ecosystems. On February 28th, CoinGecko announced the availability of DEX data through an application programming interface (API), supported by the DEX monitoring arm GeckoTerminal. With this new integration, users will be able to access a unified API for cryptocurrency prices, market data, and metadata.
CoinGecko’s Noteworthy Step Forward
In addition to these developments, data for on-chain liquidity pools of cryptocurrencies not yet listed on CoinGecko will also be available. According to CoinGecko, this new product update will extend the API’s scope to cover 2.5 million liquidity pools and 2.2 million tokens.
This also means that users will be able to access data from approximately 900 DEXs across 120 networks. This includes decentralized trading platforms like Uniswap, PancakeSwap, Orca, Curve, and Balancer. These data are now offered to CoinGecko’s paid API subscribers through 20 new endpoints.
CoinGecko co-founder Bobby Ong stated that the new update demonstrates their commitment to empowering the crypto community with cryptocurrency asset prices and market data. Ong commented on the matter:
“Now, with DEX data on the ecosystem accessible through the CoinGecko API, users can utilize information without having to consolidate from multiple sources, dive into the depths of the decentralized ecosystem, and find ways to create new products.”
What’s Happening in the DeFi Space?
CoinGecko’s announcement follows several developments in the decentralized finance (DeFi) space. Aave deployed its lending protocol to the BNB Chain network on February 22nd. The BNB Chain Core Development Team had previously stated that this integration would enable developers on the network to launch applications based on Aave’s liquidity.
Meanwhile, Uniswap announced on February 27th that it would launch a web extension for its native wallet. In an announcement, DEX highlighted that the extension would allow users to send, receive, purchase, and swap crypto assets directly from their browsers. Uniswap mentioned a waitlist for users requesting a uni.eth username, which will grant them access to the beta version of the extension.
