Kaiko launches decentralized exchange (DEX) trade data feed
Kaiko, a cryptocurrency market data provider, today announced the launch of its decentralized exchange (DEX) data feed. Historical and live tick-level trade and aggregated data are now available for Uniswap V2, Uniswap V...
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Kaiko, a cryptocurrency market data provider, today announced the launch of its decentralized exchange (DEX) data feed. Historical and live tick-level trade and aggregated data are now available for Uniswap V2, Uniswap V3, Sushiswap, Curve Finance, and Balancer V1. Data for DEX aggregator 1inch is also available.
Decentralized exchanges play a major role in the DeFi economy, with thousands of digital assets listed and traded, and more than $600 billion in traded volume since August 2020.
DEXs are often the only point of access for a project’s newly issued tokens and their unique nature makes them crucial for understanding the DeFi market structure. However, DEX transaction data is recorded directly on the blockchain, making the information difficult to extract and aggregate.
Kaiko’s DEX data feed is the first data service that brings “on-chain” data to “off-chain” distribution, keeping integration costs low. Starting today, Kaiko’s clients will be able to receive both DEX and CEX normalized trade data from the same endpoints, making it easier to integrate, analyze and display.
The Kaiko team decided to run its own Ethereum full archive node to collect historical and live data directly from the blockchain. Kaiko also adds an intelligence layer to the collected data, standardizing it based on each protocol’s unique characteristics.
“We are proud to offer the first data service consolidating CeFi and DeFi data and are looking forward to expanding our coverage of this innovative sector. DEX trade data is the first milestone in Kaiko’s DeFi product suite. In the coming months, we will unveil DEXs liquidity pools data, and much more.”
– Ambre Soubiran, CEO of Kaiko
The post Kaiko launches decentralized exchange (DEX) trade data feed appeared first on CryptoNinjas.
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