As we speak’s article will dive into the ins and outs of the Moralis Web3 Market Information API. With this software, you possibly can seamlessly get the highest ERC20 tokens by market cap, question the highest trending NFT collections, and far more with solely single strains of code. For a fast begin, listed here are the 4 endpoints of the Web3 Market Information API:
getTopERC20TokensByMarketCap():const response = await Moralis.EvmApi.marketData.getTopERC20TokensByMarketCap();[
{
“rank”: 1,
“token_name”: “Wrapped Ether”,
“token_symbol”: “WETH”,
“token_logo”: “https://cdn.moralis.io/eth/0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2.png”,
“token_decimals”: “18”,
“contract_address”: “0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2”,
“price_usd”: “1803.89”,
“price_24h_percent_change”: “1.43”,
“price_7d_percent_change”: “0.01”,
“market_cap_usd”: “214188093967”
},
//…
] getTopERC20TokensByPriceMovers():const response = await Moralis.EvmApi.marketData.getTopERC20TokensByPriceMovers();{
“gainers”: [
{
“rank”: “1”,
“token_name”: “Wrapped Ether”,
“token_symbol”: “WETH”,
“token_logo”: “https://assets.coingecko.com/coins/images/2518/large/weth.png?1595348880”,
“token_decimals”: “18”,
“contract_address”: “0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2”,
“price_usd”: “0.0285”,
“price_24h_percent_change”: “0.0285”,
“price_7d_percent_change”: “0.0285”,
“market_cap_usd”: “0.0285”
}
],
//…
} getTopNFTCollectionsByMarketCap():const response = await Moralis.EvmApi.marketData.getTopNFTCollectionsByMarketCap();[
{
“rank”: “1”,
“collection_title”: “CryptoPunks”,
“floor_price_usd”: “0.0”,
“floor_price_24hr_percent_change”: “0.0”,
“market_cap_usd”: “0.0”,
“market_cap_24hr_percent_change”: “0.0”,
“volume_usd”: “0.0”,
“volume_24hr_percent_change”: “0.0”
}
] getHottestNFTCollectionsByTradingVolume():const response = await Moralis.EvmApi.marketData.getHottestNFTCollectionsByTradingVolume();[
{
“rank”: 1,
“collection_title”: “Bored Ape Yacht Club”,
“collection_image”: “https://market-data-images.s3.us-east-1.amazonaws.com/tokenImages/0x2f1ef58880d01489b8d2c9ba759cf7b14db4ee8a55fd6e6b222ad050e7e00fb0.png”,
“volume_usd”: “8261189.224011”,
“volume_24hr_perecent_change”: “17.09”,
“floor_price_usd”: “79591.5288”,
“floor_price_24hr_percent_change”: “0.05”,
“average_price_usd”: “39717.255884668266”
},
//…
]
To be taught extra in regards to the Web3 Market Information API and the assorted endpoints, be part of us all through this text, or try the official Market Information API documentation!
By familiarizing your self with the API for market knowledge in Web3, you’ll have the ability to seamlessly combine crypto market knowledge into your future blockchain tasks very quickly. As such, don’t overlook to enroll with Moralis, and also you’ll have the ability to construct quicker and extra effectively!
Overview
We’ll kickstart at the moment’s article by initially protecting the ins and outs of crypto market knowledge. In doing so, we are going to briefly discover what it’s and why it’s vital. From there, we’ll dive straight into the Moralis Web3 Market Information API, as that is essentially the most accessible technique to get crypto market knowledge. We’ll then cowl the endpoints of the API and present you the way it works in observe with a fast three-step tutorial on methods to get trending NFT collections. Lastly, to conclude the article, we’re going to discover 5 outstanding Web3 Market Information API use circumstances!
Additionally, do you know that the API solely scratches the floor of what’s potential with Moralis? In the event you’re critical about constructing Web3 tasks, think about testing some extra Moralis instruments. As an example, discover the NFT API and learn to get verified NFT collections in a heartbeat!
Nonetheless, with out additional ado, let’s proceed with the article by taking a look at what market knowledge in Web3 is!
What’s a Web3 Market Information API? – Exploring Crypto Market Information
On-chain Web3 market knowledge is an integral a part of the crypto {industry}. Not solely does it assist merchants make extra knowledgeable funding choices, however understanding and buying this kind of Web3 knowledge can also be a necessary a part of blockchain growth.
Web3 market knowledge dictates every little thing from what NFT collections have gotten common, what cash are about to shoot as much as the highest of the charts, or which tokens are at the moment losers. Consequently, it doesn’t matter when you’re constructing a Web3 pockets, NFT market, or buying and selling platform; you want an environment friendly technique to combine crypto market knowledge into your tasks to provide your prospects a compelling person expertise (UX).
Nevertheless, querying and deciphering this knowledge is simpler stated than achieved. And when you had been to do it your self from scratch, it could require an abundance of growth time and sources. Luckily, you don’t need to reinvent the wheel when working with Moralis and the {industry}’s main crypto Market Information API!
Introducing the #1 Web3 Market Information API
With the Moralis Web3 Market Information API, you possibly can effortlessly unlock the complete energy of cryptocurrency market knowledge. This software helps you to get trending NFT collections, high ERC20 tokens by market cap, and far more with solely single strains of code. As such, when utilizing Moralis, it has by no means been simpler to construct decentralized exchanges (DEXs), crypto wallets, portfolio trackers, or some other Web3 tasks!
Utilizing the Web3 Market Information API gives a great deal of advantages, and beneath, you could find three outstanding examples:
Engaged and Knowledgeable Customers: Maintain your customers engaged and knowledgeable with trending Web3 market knowledge. Improved Person Expertise (UX): Present an improved UX with user-friendly options on your Web3 tasks. Retain Clients: Maintain your prospects by offering up-to-date market knowledge.
The Web3 Market Information API options the next 4 endpoints:
getTopERC20TokensByMarketCap()getTopERC20TokensByPriceMovers()getTopNFTCollectionsByMarketCap()getHottestNFTCollectionsByTradingVolume()
Within the sections to come back, we’ll cowl each individually, providing you with a extra in-depth understanding of how they work!
Get Prime ERC20 Tokens by Market Cap
With the getTopERC20TokensByMarketCap() endpoint, you possibly can effortlessly get the highest ERC20 tokens by market cap with a single line of code:
const response = await Moralis.EvmApi.marketData.getTopERC20TokensByMarketCap();
In return for calling the endpoint above, you’ll get a response containing an array of the highest ERC20 tokens by market cap. Right here’s an instance of what it’d appear like:
[
{
“rank”: 1,
“token_name”: “Wrapped Ether”,
“token_symbol”: “WETH”,
“token_logo”: “https://cdn.moralis.io/eth/0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2.png”,
“token_decimals”: “18”,
“contract_address”: “0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2”,
“price_usd”: “1803.89”,
“price_24h_percent_change”: “1.43”,
“price_7d_percent_change”: “0.01”,
“market_cap_usd”: “214188093967”
},
//…
]
Fetch Prime ERC20 Tokens by Worth Change
With the getTopERC20TokensByPriceMovers() endpoint, you possibly can seamlessly get the highest ERC20 tokens by value change with a single name to the Web3 Market Information API:
const response = await Moralis.EvmApi.marketData.getTopERC20TokensByPriceMovers();
Calling the endpoint above gives a response containing the highest gainer and loser by value change. That is an instance of what the response can appear like:
{
“gainers”: [
{
“rank”: “1”,
“token_name”: “Wrapped Ether”,
“token_symbol”: “WETH”,
“token_logo”: “https://assets.coingecko.com/coins/images/2518/large/weth.png?1595348880”,
“token_decimals”: “18”,
“contract_address”: “0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2”,
“price_usd”: “0.0285”,
“price_24h_percent_change”: “0.0285”,
“price_7d_percent_change”: “0.0285”,
“market_cap_usd”: “0.0285”
}
],
//…
}
Question Prime NFT Collections by Market Cap
With the getTopNFTCollectionsByMarketCap() endpoint, you possibly can simply question the highest NFT collections by market cap with solely a single line of code:
const response = await Moralis.EvmApi.marketData.getTopNFTCollectionsByMarketCap();
In return for calling the getTopNFTCollectionsByMarketCap() endpoint, you’ll obtain a response with an array containing the highest NFT collections by market cap. Right here’s an instance of what the response can appear like:
[
{
“rank”: “1”,
“collection_title”: “CryptoPunks”,
“floor_price_usd”: “0.0”,
“floor_price_24hr_percent_change”: “0.0”,
“market_cap_usd”: “0.0”,
“market_cap_24hr_percent_change”: “0.0”,
“volume_usd”: “0.0”,
“volume_24hr_percent_change”: “0.0”
}
]
Get Trending NFT Collections by Buying and selling Quantity
With the getHottestNFTCollectionsByTradingVolume() endpoint, you possibly can effortlessly get trending NFT collections by buying and selling quantity with a easy name to the Web3 Market Information API:
const response = await Moralis.EvmApi.marketData.getHottestNFTCollectionsByTradingVolume();
Calling this endpoint will present a response with an array containing the highest trending NFT collections by buying and selling quantity. You’ll discover an instance of what the response may appear like beneath:
[
{
“rank”: 1,
“collection_title”: “Bored Ape Yacht Club”,
“collection_image”: “https://market-data-images.s3.us-east-1.amazonaws.com/tokenImages/0x2f1ef58880d01489b8d2c9ba759cf7b14db4ee8a55fd6e6b222ad050e7e00fb0.png”,
“volume_usd”: “8261189.224011”,
“volume_24hr_perecent_change”: “17.09”,
“floor_price_usd”: “79591.5288”,
“floor_price_24hr_percent_change”: “0.05”,
“average_price_usd”: “39717.255884668266”
},
//…
]
3-Step Tutorial: Methods to Get Web3 Market Information with the Moralis API
Within the following sections, we’ll present you methods to get Web3 market knowledge with Moralis in three easy steps:
Set Up MoralisWrite a ScriptExecute the Code
To show the accessibility of the Web3 Market Information API, we’ll present you methods to effortlessly get trending NFT collections by buying and selling quantity. Nevertheless, you possibly can observe exactly the identical steps for any of the opposite endpoints to, for example, get high ERC20 tokens by market cap, question high NFT collections by market cap, and so forth.
Nonetheless, earlier than we will soar into the preliminary step of this crypto market knowledge tutorial, it is advisable take care of a couple of stipulations!
Stipulations – Utilizing the Web3 Market Information API
The Moralis API helps a number of programming languages, together with JavaScript, Python, and so forth. Nevertheless, for this tutorial, we’ll be utilizing the previous. Consequently, earlier than you proceed, ensure to have the next prepared:
Step 1: Set Up Moralis
To name the Web3 Market Information API, you want a Moralis API key, and to get one, you want a Moralis account. As such, when you haven’t already, create your account instantly by clicking on the ”Begin for Free” button on the high of Moralis’ homepage:
What’s extra, to be able to use the Web3 Market Information API, you additionally want not less than Professional plan entry. To get this, click on in your profile on the backside left, hit ”Account”, go to the ”Plan & Billing” tab, and improve to the Professional plan:
When you’re a Professional plan person, you possibly can click on on the ”Settings” tab, scroll right down to the ”Secrets and techniques” part, and replica your API key:
Maintain the important thing for now, as you’ll want it within the subsequent step.
Step 2: Write a Script
For the second step, arrange a brand new undertaking in your built-in growth setting (IDE), open a brand new terminal, and run the next command within the root folder to put in the Moralis SDK:
npm set up moralis @moralisweb3/common-evm-utils
From there, you possibly can then create a brand new ”index.js” file and add the next code:
const Moralis = require(“moralis”).default;
const { EvmChain } = require(“@moralisweb3/common-evm-utils”);
const runApp = async () => {
await Moralis.begin({
apiKey: “YOUR_API_KEY”,
// …and some other configuration
});
const response =
await Moralis.EvmApi.marketData.getHottestNFTCollectionsByTradingVolume();
console.log(response.uncooked);
};
runApp();
Subsequent, add your Moralis API key by changing YOUR_API_KEY:
We then merely name the getHottestNFTCollectionsByTradingVolume() endpoint and log the response:
And that’s it for the code; you’re now able to execute the script, and we’ll present you ways within the subsequent step!
Notice: If you wish to name any of the opposite crypto Market Information API endpoints, merely exchange getHottestNFTCollectionsByTradingVolume() within the script above.
Step 3: Execute the Code
To run the script, merely open a brand new terminal and run the next command within the undertaking’s root folder:
node index.js
In return, you’ll get an array of the highest trending NFT collections by buying and selling quantity. Right here’s an instance of what it’d appear like:
[
{
“rank”: 1,
“collection_title”: “Bored Ape Yacht Club”,
“collection_image”: “https://market-data-images.s3.us-east-1.amazonaws.com/tokenImages/0x2f1ef58880d01489b8d2c9ba759cf7b14db4ee8a55fd6e6b222ad050e7e00fb0.png”,
“volume_usd”: “8261189.224011”,
“volume_24hr_perecent_change”: “17.09”,
“floor_price_usd”: “79591.5288”,
“floor_price_24hr_percent_change”: “0.05”,
“average_price_usd”: “39717.255884668266”
},
//…
]
Congratulations! That’s it; that is how straightforward it’s to get the highest trending NFT collections when working with Moralis and the Web3 Market Information API!
Web3 Market Information API Use Instances
The Web3 Market Information API is ideal for serving to you construct scalable decentralized functions (dapps). Nevertheless, what precisely are essentially the most outstanding use circumstances for crypto market knowledge? And how are you going to make the most of this data when creating dapps?
To reply the questions above, be part of us within the previous sections as we discover 5 outstanding Web3 Market Information API use circumstances!
Decentralized Exchanges (DEXs)
A DEX is a peer-to-peer market the place customers can trade cryptocurrencies in a non-custodial method with out the necessity for intermediaries. Some outstanding examples of profitable DEXs embrace Uniswap, PancakeSwap, and Curve.
Entry to real-time market knowledge is a basic a part of constructing and working a DEX. This knowledge is essential in offering real-time pricing, giving customers perception into the general state of the market, and staying aggressive in a quickly rising market.
Web3 Wallets
Web3 wallets – additionally generally known as crypto wallets – are platforms for storing property like NFTs and fungible tokens. Some outstanding actors inside the area embrace MetaMask, Rainbow, and Phantom.
Utilizing crypto market knowledge when constructing a Web3 pockets may be extremely useful, as this data can provide your customers beneficial perception into their property’ efficiency. What’s extra, it may well additionally, for example, let you implement a neat token discovery characteristic, permitting customers to search out new funding alternatives by presenting the highest ERC20 tokens based mostly on value change.
NFT Marketplaces
NFT marketplaces are web sites permitting you to purchase and promote non-fungible tokens. Some outstanding examples of profitable platforms embrace OpenSea, Blur, and Rarible.
When constructing an NFT market, it’s essential that you’ve got entry to real-time Web3 on-chain knowledge. As an example, giving your customers perception into trending NFT collections might help them discover new funding alternatives or worth their present holdings.
Token Analytics
Token analytic platforms are instruments merchants can use to get beneficial perception and knowledge associated to varied cryptocurrencies. These platforms collect, course of, and current knowledge from blockchain networks, permitting customers to make extra knowledgeable funding choices. A outstanding instance is Moralis Cash!
As you possibly can think about, when constructing a token analytics platform, it’s important that you’ve got entry to real-time Web3 market knowledge. This may assist customers monitor the efficiency of digital property to allow them to discover essentially the most promising tokens to put money into.
Portfolio Trackers
Portfolio tracker platforms are web sites and software program that enable customers to trace the efficiency of their property throughout a number of blockchain networks. Some outstanding examples embrace Moralis Cash, Delta, and Kubera.
When constructing a portfolio tracker platform, you want entry to real-time crypto market knowledge because it offers you the chance to serve your prospects with up-to-date asset valuations and efficiency metrics.
Abstract: The Business’s Main Web3 Market Information API
In at the moment’s article, we explored Moralis’ industry-leading Web3 Market Information API. And in doing so, we realized that it has 4 endpoints:
getTopERC20TokensByMarketCap()getTopERC20TokensByPriceMovers()getTopNFTCollectionsByMarketCap()getHottestNFTCollectionsByTradingVolume()
Along with exploring the endpoints, we additionally coated how one can name both of them in three steps:
Set Up MoralisWrite a ScriptExecute the Code
As such, you probably have adopted alongside this far, you now know methods to combine crypto market knowledge into your future Web3 tasks utilizing Moralis!
In the event you favored this tutorial, think about exploring extra articles on our Web3 weblog. As an example, learn to establish NFT and ERC20 spam and rip-off tokens, discover the idea of account abstraction, or learn our Ethereum testnet information. Additionally, when you’re critical about constructing blockchain tasks, don’t overlook to discover some extra Moralis APIs. As an example, try the Token API and learn to get the steadiness of ERC20 tokens from any account.
If you need entry to those industry-leading instruments just like the Web3 Market Information API, keep in mind to enroll with Moralis. You may create your account at the moment and instantly begin leveraging the true energy of blockchain expertise!
