[PRESS RELEASE – Calgary, Canada, November 15th, 2023]
Portals, a DeFi protocol aggregator simplifying Web3 by consolidating DeFi actions, has launched a significant upgrade of its developer API after a successful Seed Extension fundraise in October. This upgrade provides builders with a comprehensive suite of tools and data to supercharge their projects.
The Portals API currently powers some of Web3’s best DeFi applications, including XDEFI, Yearn, Stake DAO, Mean finance, PoolTogether, and hundreds of anonymous builders taking advantage of the API’s user-friendly integration. Projects gain immediate access to Volume & Liquidity Data, Asset Prices, APYs, Token Images, Contract and Pool Addresses, Token Names and Symbols, and Account Balances.
The Pyxis upgrade promises to reduce the overhead and costs associated with compiling DeFi data while delivering significant new metrics to API users. This includes trading volume, volatility, historical data to calculate cost basis, Profit & Loss for all 35,000+ tokens and the countless vaults, pools, LPs, and lending positions supported on the Portals platform. In addition to expanded metrics, the Pyxis update delivers a vastly improved user experience for builders.
Portals co-founder Suhail Gangji emphasized the weight of the Pyxis upgrade milestone. He mentioned that in only a few lines of code, projects can benefit from integrating intent-based infrastructure and complete transactions gaslessly.
The Pyxis upgrade provides developers with:
- A single, unified API for data
- Seamless integration of Intent-driven transactions through Account Abstraction
- API Data to ensure the efficacy of your implementation
- Three flexible service plans catering to all projects
Portals is a platform that simplifies Web3 by enabling anyone to easily bundle complex DeFi actions. It was founded by Suhail Gangji and Nabi Ozberkman. For more information visit Website | Twitter | Discord
If you have media inquiries or need further information contact them at [email protected].
Hot Take: Portals’ Pyxis Upgrade Revolutionizes DeFi Development
The Pyxis upgrade by Portals is set to revolutionize DeFi development by providing developers with powerful tools and metrics to streamline their projects. With enhanced user experience and simplified integration processes, this upgrade marks a significant milestone in making the DeFi space more accessible for both users and builders.
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