API access enables third-party apps to facilitate functions like post sharing to X and post scheduling, as well as more advanced offerings, like profile and post analytics.

But now, a month later, Selig’s optimism has deflated. According to Selig’s post Wednesday, Reddit intends to charge $12,000 for every 50 million attempts to access the company’s data.

The data will be supported by its DEX tracking arm, GeckoTerminal. With the new integration, users will be able to access a unified API for crypto prices, market data and metadata.