API for Uniswap v3 applications now live on Oku
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Oku launched the API for apps built on Uniswap v3. Supported by the Uniswap Foundation, the API is designed to democratize access to real-time and historical Uniswap v3 market data, according to Oku's announcement:
“Because we represent the state of a pool token in a format similar to a chain layout, switching to using the Oku API should be as easy as replacing your existing method.”
The Oku API provides developers with a simple, user-friendly interface and is powered by JSON-RPC. Unlike other crypto data interfaces, Oku's API does not require a registration form or authentication key, making integration easier for developers.
The API serves as the backbone of Oku's business interface, boasting instant response times, customized data retrieval methods and support for many high-volume blockchains. With this launch, Oku promises to provide more advanced search options and seamless retrieval of specific information, empowering developers to customize their strategies and gain unique insights.
In addition, the API can interpret DEX liquidity and price data, mimic traditional financial formats, and provide an intuitive user interface for interacting with Uniswap v3 market data.
What do you build with the Oku API? 🧵 7/7
— Oku Trade (@okutrade) July 24, 2023
In addition to data mining capabilities, Oku's API supports a number of applications such as mining value (MEV) exploration and placement, and a tracking interface. These applications use the Oku API for efficient decoding and indexing of all Uniswap v3 positions in a readable manner. Another application is the Oku Trade API, which provides real-time updates on fund flows through Uniswap v3, allowing for the identification of trading patterns and sudden liquidity changes.
Finally, the Oku API plays an important role in UniChat, a virtual assistant that uses Oku's developer documentation to train the ChatGPT instance. And so he said.
“I can bring real-time data and perform calculations with accuracy, ensuring that the data I provide is up-to-date and reliable. This integration allows me to connect with Uniswap v3 and provide valuable insights to users, allowing them to make informed decisions in the DeFi space.”
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