Price
The prices of assets returned by Mixin APIs are collected from a list of third parties, data from CoinGecko is prioritized, and followed by the prices of Ocean and 4swap.
Since the acquisition of CoinMarketCap by Binance, Mixin's APIs for capturing prices has been switched to a more independent CoinGecko platform. In addition to tracking price, quantity and market value, CoinGecko also tracks community growth, open source code development, major events and on-chain indicators .
4swap
For trading pairs related to XIN or USDT, the fund pool is more than $1500, and the 24-hour trading volume is more than $160.
Ocean Maching Engine
Crawled every hour, the price will be generated if the trading volume is more than 10 dollars within an hour.
Precautions
- Don’t panic if the price becomes 0 suddenly, the asset is safe and unaffected
- Developers should be careful not to rely solely on Mixin API prices to avoid possible losses when third-party price data fails.
If any project wants to display its price in Mixin, it is recommended to make a market in 4swap to provide liquidity.