API3 vs Stader — how do they compare? API3 trades at Rp3,395 (market cap Rp293,24M, Rp95,77M 24h volume), while Stader trades at Rp1,837 (market cap Rp130,96M, Rp12,75M 24h volume). The key difference: API3 is far larger — about 2.2× Stader's market cap, and Stader's supply is capped (70,8M / 120M SD (59%)) while API3's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold API3 for 41 Days and Stader for 13 Days on average.
| API3 | SD | |
|---|---|---|
Market Cap | Rp293,24M | Rp130,96M |
Volume (24h) | Rp95,77M | Rp12,75M |
Circulating Supply | 86,4M API3 | 70,8M / 120M SD (59%) |
Typical Hold Time | 41 Days | 13 Days |
API3 is an ERC-20 token based on the Ethereum blockchain. API3's goal is to allow decentralized versions of APIs to be built, managed, and monetized at scales. To achieve this in a fully decentralized way, the incentives of the participants are reconciled through the governance, security, and value capture utilities of the API3 token. The project has a completely open and direct governance model, where any API3 token holder can stake to obtain direct voting privileges in the API3 DAO.
Read more on API3 →Stader is developing staking middleware for various PoS networks, offering modular smart contracts for third-party solutions. In the short term, it will launch contracts on blockchains like Terra and Ethereum to support yield farming and Gaming. Long-term, Stader will encourage third-party staking applications on its platform.
Read more on SD →