Right now’s article will dive into the ins and outs of the Moralis Web3 Market Data API. With this software, you possibly can seamlessly get the highest ERC20 tokens by market cap, question the highest trending NFT collections, and way more with solely single strains of code. For a fast begin, listed below are the 4 endpoints of the Web3 Market Data API:
getTopERC20TokensByMarketCap():
const response = await Moralis.EvmApi.marketData.getTopERC20TokensByMarketCap();
[
{
"rank": 1,
"token_name": "Wrapped Ether",
"token_symbol": "WETH",
"token_logo": "
"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": "
"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": "
"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 study extra concerning the Web3 Market Data API and the assorted endpoints, be part of us all through this text, or try the official Market Data API documentation!
By familiarizing your self with the API for market information in Web3, you’ll be capable to seamlessly combine crypto market information into your future blockchain initiatives very quickly. As such, don’t neglect to enroll with Moralis, and also you’ll be capable to construct quicker and extra effectively!
Overview
We’ll kickstart as we speak’s article by initially overlaying the ins and outs of crypto market information. In doing so, we are going to briefly discover what it’s and why it’s essential. From there, we’ll dive straight into the Moralis Web3 Market Data API, as that is essentially the most accessible technique to get crypto market information. 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 how one can get trending NFT collections. Lastly, to conclude the article, we’re going to discover 5 outstanding Web3 Market Data API use instances!
Additionally, do you know that the API solely scratches the floor of what’s potential with Moralis? In case you’re severe about constructing Web3 initiatives, contemplate trying out some extra Moralis instruments. As an example, discover the NFT API and discover ways to get verified NFT collections in a heartbeat!
However, with out additional ado, let’s proceed with the article by taking a look at what market information in Web3 is!
What’s a Web3 Market Data API? – Exploring Crypto Market Data
On-chain Web3 market information is an integral a part of the crypto {industry}. Not solely does it assist merchants make extra knowledgeable funding selections, however understanding and buying one of these Web3 information can also be a vital a part of blockchain growth.
Web3 market information dictates the whole lot from what NFT collections have gotten widespread, 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 should you’re constructing a Web3 pockets, NFT market, or buying and selling platform; you want an environment friendly technique to combine crypto market information into your initiatives to offer your clients a compelling person expertise (UX).
Nonetheless, querying and deciphering this information is simpler mentioned than finished. And should you have been to do it your self from scratch, it could require an abundance of growth time and sources. Happily, you don’t need to reinvent the wheel when working with Moralis and the {industry}’s main crypto Market Data API!
Introducing the #1 Web3 Market Data API
With the Moralis Web3 Market Data API, you possibly can effortlessly unlock the total energy of cryptocurrency market information. This software enables you to get trending NFT collections, high ERC20 tokens by market cap, and way 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 initiatives!
Utilizing the Web3 Market Data API gives a great deal of advantages, and under, you could find three outstanding examples:
- Engaged and Knowledgeable Customers: Hold your customers engaged and knowledgeable with trending Web3 market information.
- Improved Consumer Expertise (UX): Present an improved UX with user-friendly options on your Web3 initiatives.
- Retain Clients: Hold your clients by offering up-to-date market information.
The Web3 Market Data API options the next 4 endpoints:
getTopERC20TokensByMarketCap()getTopERC20TokensByPriceMovers()getTopNFTCollectionsByMarketCap()getHottestNFTCollectionsByTradingVolume()
Within the sections to return, we’ll cowl each individually, providing you with a extra in-depth understanding of how they work!
Get High 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 would seem like:
[
{
"rank": 1,
"token_name": "Wrapped Ether",
"token_symbol": "WETH",
"token_logo": "
"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 High ERC20 Tokens by Value 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 Data 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 seem like:
{
"gainers": [
{
"rank": "1",
"token_name": "Wrapped Ether",
"token_symbol": "WETH",
"token_logo": "
"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 High 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 seem 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 Data 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 seem like under:
[
{
"rank": 1,
"collection_title": "Bored Ape Yacht Club",
"collection_image": "
"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: Easy methods to Get Web3 Market Data with the Moralis API
Within the following sections, we’ll present you how one can get Web3 market information with Moralis in three simple steps:
- Set Up Moralis
- Write a Script
- Execute the Code
To exhibit the accessibility of the Web3 Market Data API, we’ll present you how one can effortlessly get trending NFT collections by buying and selling quantity. Nonetheless, you possibly can comply with exactly the identical steps for any of the opposite endpoints to, as an example, get high ERC20 tokens by market cap, question high NFT collections by market cap, and many others.
However, earlier than we are able to leap into the preliminary step of this crypto market information tutorial, you want to take care of just a few stipulations!
Conditions – Utilizing the Web3 Market Data API
The Moralis API helps a number of programming languages, together with JavaScript, Python, and many others. Nonetheless, for this tutorial, we’ll be utilizing the previous. Consequently, earlier than you proceed, ensure that to have the next prepared:
Step 1: Set Up Moralis
To name the Web3 Market Data API, you want a Moralis API key, and to get one, you want a Moralis account. As such, should 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, with a view to use the Web3 Market Data API, you additionally want at the very least 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:
Hold 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 surroundings (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 the way within the subsequent step!
Word: If you wish to name any of the opposite crypto Market Data 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 would seem like:
[
{
"rank": 1,
"collection_title": "Bored Ape Yacht Club",
"collection_image": "
"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 simple it’s to get the highest trending NFT collections when working with Moralis and the Web3 Market Data API!
Web3 Market Data API Use Instances
The Web3 Market Data API is ideal for serving to you construct scalable decentralized purposes (dapps). Nonetheless, what precisely are essentially the most outstanding use instances for crypto market information? 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 Data API use instances!
Decentralized Exchanges (DEXs)
A DEX is a peer-to-peer market the place customers can alternate 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 information is a elementary a part of constructing and working a DEX. This information 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 house embrace MetaMask, Rainbow, and Phantom.
Utilizing crypto market information when constructing a Web3 pockets will be extremely helpful, as this data may give your customers invaluable perception into their property’ efficiency. What’s extra, it may additionally, as an example, assist you to implement a neat token discovery function, 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 information. As an example, giving your customers perception into trending NFT collections may also help them discover new funding alternatives or worth their present holdings.
Token Analytics
Token analytic platforms are instruments merchants can use to get invaluable perception and information associated to varied cryptocurrencies. These platforms collect, course of, and current information from blockchain networks, permitting customers to make extra knowledgeable funding selections. A outstanding instance is Moralis Money!
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 information. It will assist customers observe 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 information because it offers you the chance to serve your clients with up-to-date asset valuations and efficiency metrics.
Abstract: The Trade’s Main Web3 Market Data API
In as we speak’s article, we explored Moralis’ industry-leading Web3 Market Data 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 Moralis
- Write a Script
- Execute the Code
As such, you probably have adopted alongside this far, you now know how one can combine crypto market information into your future Web3 initiatives utilizing Moralis!
In case you favored this tutorial, contemplate exploring extra articles on our Web3 weblog. As an example, discover ways to establish NFT and ERC20 spam and rip-off tokens, discover the idea of account abstraction, or learn our Ethereum testnet information. Additionally, should you’re severe about constructing blockchain initiatives, don’t neglect to discover some extra Moralis APIs. As an example, try the Token API and discover ways to get the steadiness of ERC20 tokens from any account.
If you’d like entry to those industry-leading instruments just like the Web3 Market Data API, bear in mind to enroll with Moralis. You’ll be able to create your account as we speak and instantly begin leveraging the true energy of blockchain expertise!
