DeFi · rank #555

Api3 API3

API3 cycle analysis · chart, confirmed lows and fundamentals

$0.2814+0.0% 1d-4.8% 7d+7.4% 30d

Amber List Recovering held Phoenix · monthly · score 65 mixed

63.9% below its 365-day high of $0.7800 (2025-11-09), +52.9% off the 365-day low. Snapshot 2026-10-21 UTC.

From the peak to today, log scale
0.1860.80823.512024-052025-072026-10low 0.184 (96%)false bottommonthly trigger 0.244
Where it stands

On the Amber List.

Held on the Amber List: it last met the Amber List rules. Today it reads Watch; a tier moves down only after five consecutive scans below its rules.

Recovering: a monthly swing low has confirmed. The badge coexists with the tier; it is not a completed recovery.

Phoenix monthly: stopped falling by the rules, +52.9% above the Aug 2026 trough. Details below.

What changed

Since the previous scan.

Tier, recovering badge and Phoenix state are unchanged between these two observations.

Comparing 2026-10-20 with 2026-10-21 UTC. Classification, not price returns.

Recorded timeline →

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

Monthly 2U

Last bars
2Dr 2Dr 2Dg 2Ug 2Ur
Confirmed low
$0.1840 · 2026-08-31
Position
2 of median 6.0 (max 12)
Current low
$0.1840 · confirmed
Cycle-low confidence
41% · in band
Confirmed lows
9

Weekly 1

Last bars
2Ug 1g 2Ug 2Dr 1g
Confirmed low
$0.2184 · 2026-09-20
Position
5 of median 5.0 (max 20)
Current low
$0.2533 · unconfirmed
Confirms above
$0.3285
Cycle-low confidence
62% · in band
Confirmed lows
43

Daily 1

Last bars
2Dr 2Dr 1g 2Ug 1g
Confirmed low
$0.2533 · 2026-10-18 (daily)
Position
3 of median 5.0 (max 24)
Current low
$0.2533 · confirmed
Cycle-low confidence
32%
Confirmed lows
323
The full read, in sentences
  • Monthly: forming bar is a red 2-Up. Last confirmed swing low 0.184 (Aug 2026), month 2 of a cycle that has typically run 6. Cycle-low confidence 41%.
  • Weekly: forming bar is a green inside bar. Last confirmed swing low 0.2184 (Sep 2026), week 5 of a cycle that has typically run 5. Current low 0.2533 is unconfirmed — it confirms above 0.3285. Cycle-low confidence 62%.
  • Daily: bar is a green inside bar. Last confirmed swing low 0.2533 (2026-10-18), day 3 of a cycle that has typically run 5. Cycle-low confidence 32%.
  • Amber List: 64% below the 2025-11-09 high; +53% off the 365-day low.
  • Phoenix: 96% decline over 30 months, monthly swing low confirmed (next-bar), now +53% above the trough; pullback #2 confirmed 2026-09-27.
  • Gauges: Mayer multiple 1.05 (neutral); -77% vs the 200-week average; -96% from the all-time high.

Has Api3 bottomed?

A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the API3 snapshot records on 2026-10-21 UTC:

Monthly: the last confirmed swing low is $0.1840 from 2026-08-31. The current candidate is marked confirmed. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $0.2184 from 2026-09-20. A newer candidate at $0.2533 is unconfirmed; its confirmation level is above $0.3285, provided the candidate low is not undercut first. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $0.2533 from 2026-10-18. The current candidate is marked confirmed.

How bottom confirmation works. Cycle-low confidence is a heuristic score, not a calibrated probability of a profitable trade.

How far is Api3 below its high?

The Coinbase price snapshot is 63.9% below its rolling 365-day high of $0.7800 from 2025-11-09. Separately, CoinGecko reports -97.3% relative to its all-time high of $10.30 in the fundamentals snapshot pulled 2026-10-21.

Different sources and observation times can produce different drawdowns. Compare crypto drawdowns and reference highs.

The recorded history

scan observations, not exact transition times

First observed 2026-09-19. 33 observations; absence from a captured scan is unmatched, never recovery.

  1. First observed: Amber List; recovering · Phoenix monthly

Phoenix

stopped falling, by the rules
Peak
$4.94 · Feb 2024
Trough
$0.1840 · Aug 2026
Decline
-96.3% over 30 months
Above trough
+52.9%
Monthly
confirmed (next-bar) · trigger $0.2440
Weekly
confirmed (next-bar)
False bottom
$0.5250 · Jun 2025 (2 higher highs, then undercut)
Entry
pullback #2 low $0.2184 confirmed 2026-09-27 · trigger $0.2849
Score 65
decline30
confirmation25
earliness0
stale0
false bottom10
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx
Health76 / 100 · Strong
Liquidity (24h volume / market cap)
can you get out
31.6 %15.0 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.27 x13.0 / 15
Size (market-cap rank)
survivorship
555 #0 / 15
Usage (price / annualized fees)
fees people actually pay to use it (DefiLlama)
31.1 x18.8 / 20
TVL backing (market cap / TVL)
capital parked in it (DefiLlama)
2.19 x13.0 / 15
Fee momentum (30d vs prior 30d)
is usage growing into the recovery
6.7 %5.7 / 10
Age on Coinbase
survived a cycle
4.9 yrs10.0 / 10

7 of 7 measurable; score renormalized over what was measurable.

Market cap
$42.9M
Fully diluted
$54.5M
24h volume
$13.6M
Circulating
146,622,473
All-time high
$10.30 · 2021-04-06 (-97.3%)
TVL
$19.6M (protocol)
Fees 30d
$113.4K
Revenue 30d
$5.7K
Fees 1y
$1.2M
Mayer multiple
1.051 · neutral
vs 200-week avg
-77.2%
Pi cycle
0.363
On Coinbase since
2021-12-09 (1778 bars)
CoinGecko id
api3

Continue your cycle research

How to read a crypto cycle chart · Calculation rules and sources