<![CDATA[Api3]]>https://blog.api3.org/https://blog.api3.org/favicon.pngApi3https://blog.api3.org/Ghost 6.22Fri, 13 Mar 2026 23:38:46 GMT60<![CDATA[Api3 is Live on Somnia]]>https://blog.api3.org/api3-is-live-on-somnia/68c15e0f213cff000108868fWed, 10 Sep 2025 11:00:00 GMT

Api3 oracles are now live on Somnia — fully permissionless, instantly accessible, and available through the Api3 Market. Unlike traditional oracles, these feeds are powered directly by first-party nodes run by the data providers themselves. That means no middlemen, no hidden trust assumptions — just source-level integrity.

What makes this deployment stand out is that every feed on Somnia comes with OEV recapture built in. When valuable actions like liquidations are possible within a protocol, searchers can win an on-chain auction to access the latest price data before it becomes public. They use that access to execute the action, while the auction proceeds are returned to the dApp that created the opportunity.

In other words: leaked value becomes native revenue. Protocols boost performance without changing a single line of application logic.

Why Somnia

Somnia is a cost-efficient, EVM-compatible Layer 1 designed for scale. Capable of processing over 1,000,000 transactions per second with sub-second finality, it provides the foundation for mass-consumer apps like games, social platforms, and metaverses — all fully on-chain.

Built to unify fragmented metaverse ecosystems, Somnia enables interoperable assets, economies, and experiences. Its scalability, low fees, and composability make it an ideal environment for builders and users to collaborate, own, and share value.

That mission aligns perfectly with ours: delivering oracle infrastructure that lets developers recapture the value they create, instead of losing it to extractive actors.

What This Means for Developers

Deploying on Somnia now gives your dApp or metaverse app access to oracles that don’t just deliver secure, reliable data — they also generate revenue. With OEV recapture built in, every price update can create a protocol-native income stream without touching your user flow or logic.

Because feeds are maintained directly on-chain by first-party oracles, there’s no off-chain infrastructure to manage. You simply read verifiable data, focus on growth — and earn.

Whether you’re building lending markets, derivatives, or any app that depends on fresh, reliable data, you now get that data and keep the value it unlocks.

Get Started

Api3 is live on Somnia today. Explore feeds on the Api3 Market, dive into the docs, and follow @api3dao for updates.

Oracles that pay you back are here. Start building.

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<![CDATA[Api3 is live on Katana]]>https://blog.api3.org/api3-is-live-on-katana/685a7387d1ba5b0001c70020Mon, 30 Jun 2025 15:00:15 GMT

Api3 oracles are now live on Katana—fully permissionless, instantly accessible, and available through the Api3 Market. These onchain feeds are powered by first-party oracle nodes run directly by the data providers, eliminating middlemen and ensuring source-level integrity.

What sets this deployment apart is that every feed on Katana comes with OEV recapture built in, through integration with Api3’s OEV Network. When valuable actions—such as liquidations—are possible within a protocol, searchers can acquire privileged access to the latest price data by winning an onchain auction. This allows them to execute the action before the update becomes publicly available. The auction proceeds are then returned to the dApp that generated the opportunity.

This turns previously leaked value into a native revenue stream, improving protocol performance without requiring any changes to application logic.

Why Katana

Katana is a DeFi-first Layer 2 chain incubated by Polygon Labs and GSR, built to fix what’s broken in DeFi: fragmented liquidity, short-lived incentives, and value extraction from users. Instead of spreading assets thin across competing apps, Katana concentrates liquidity into a focused set of protocols and cycles revenue back to the network via chain-owned liquidity (CoL).

It’s the first Agglayer CDK chain to go live, combining deep liquidity, productive assets, and sustainable yield into a single system. Katana isn’t just another general-purpose chain—it’s a purpose-built environment where users, apps, and the network grow together.

That mission aligns directly with ours: helping dApps keep what’s theirs by providing oracle infrastructure that lets them recapture the value they create.

What This Means for Developers

Deploying on Katana now means your dApp has access to oracles that don’t just report prices—they capture value. With OEV recapture built in, every price update can generate protocol-native revenue without requiring any changes to your user flow or protocol logic. It’s as simple as using the right oracle.

Feeds are maintained directly onchain by first-party oracles, so you don’t need to run infrastructure or manage offchain dependencies. Just read secure, verifiable data, concentrate on growing your dApp—and get paid.

Whether you’re building lending markets, derivatives, or anything that depends on fresh, reliable data—you now get that data and keep the value it unlocks.

Get Started

Api3 is now live on Katana—bringing you oracles that do more than deliver reliable prices. Browse feeds on the Api3 Market, dive into the docs, and follow @api3dao for updates.

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<![CDATA[Introducing OEV-Boosted Morpho Markets]]>https://blog.api3.org/introducing-oev-boosted-morpho-markets/683f02e92272c40001e3e0fcFri, 20 Jun 2025 08:00:00 GMTThe Problem with Liquidations in DeFiIntroducing OEV-Boosted Morpho Markets

Liquidations are a critical safeguard for lending protocols — ensuring that bad debt doesn't occur. But the way liquidations are handled today results in significant value leakage.

When a borrower becomes undercollateralized, liquidators are incentivized to act quickly by being offered a portion of the borrower's collateral in return for repaying their debt. These rewards are typically structured as a percentage of the position and scale with size, creating fierce competition the larger the position is.

Depending on the environment, this competition takes on different forms — but both lead to the same outcome: wasted value.

On Chains with Blockspace Auctions: Block Builders Take the Cut

On chains that support generalized blockspace auctions — like Ethereum mainnet — liquidators often bribe block builders to prioritize their transactions. The larger the liquidation, the more intense the competition — and in many cases, the entire incentive gets bid away through blockspace auctions. The liquidator walks away with little or nothing, while the block builder — who only plays a passive role — captures all the value.

This reveals a core misalignment:

Liquidators are willing to do the job for much less.

Block builders are capturing value simply because they control ordering, not because they add value.

Introducing OEV-Boosted Morpho Markets

On Chains Without Blockspace Auctions: Spam, Gas Wars, and Randomness

On chains without generalized blockspace auctions — including most rollups and many newer L1s — the dysfunction simply takes a different form. Without a structured way to compete, liquidators resort to spamming liquidate() transactions, hoping to land in the same block as the oracle update. One lucky participant gets the full reward. Everyone else wastes gas, congests the network, and gets nothing.

This is still a form of auction, just one that plays out through guesswork and inefficiency. There are no guarantees, no coordination, and no clarity — just infrastructure arms races and probabilistic outcomes.


This is a fundamental misalignment — and it’s where Oracle Extractable Value comes in.

OEV: Changing the Auction Layer

Api3’s OEV Network changes where the competition for liquidations happens — and who ultimately benefits.

Oracles play a unique role in liquidations: they provide the price data that makes them possible. In practice, this means that price updates enabling liquidations are significantly more valuable than regular updates — but most oracles treat them the same.

Api3 doesn’t. Our oracles are aware of the economic value they unlock, and we auction off the rights to a time-limited edge that guarantees the ability to liquidate. This creates a new coordination layer — one that moves the competition into the oracle layer itself.

Instead of spamming transactions or bribing block builders, liquidators bid for access to exclusive, real-time data. That access guarantees execution. It eliminates waste. And it allows protocols to capture the value that would otherwise be lost to extractive actors.

The value that gets reclaimed can then be routed back to the users of the protocol — creating a more aligned and self-sustaining incentive structure for lending markets.

The OEV Flywheel

This dynamic forms a self-reinforcing loop: the OEV Flywheel.

Introducing OEV-Boosted Morpho Markets

By auctioning off liquidation-triggering oracle updates, protocols capture OEV that would otherwise leak to external actors. This recaptured value is then reinvested into user incentives — boosting protocol participation, increasing activity and liquidation events, and in turn generating more OEV. As liquidity and user demand grow, the cycle strengthens.

OEV-Boosted Morpho Markets

OEV-Boosted Morpho Markets are lending markets that integrate Api3’s Oracles to capture value from liquidations and return it to the users of the market — either to suppliers, borrowers, or both.

Introducing OEV-Boosted Morpho Markets

These markets are a direct implementation of the OEV Flywheel: value is captured at the oracle layer, recycled into user incentives, and used to grow liquidity and protocol activity — which, in turn, generates even more OEV to reinvest.

Built on Morpho’s efficient architecture, these markets maintain full composability and user experience, but introduce a novel revenue stream sourced from liquidation activity that would otherwise leak away to third-parties needlessly.

Degens are still going to lever up — that much won’t change. But now, instead of the value being lost, it can be redirected to benefit the other participants in the market.

Risk-taking behavior funds protocol-native incentives.

Launching with Yearn Finance

To bring these new market designs to life, we're collaborating with Yearn Finance, who will serve as the Curator of the first OEV-Boosted Vaults.

These vaults will exclusively allocate capital to OEV-Boosted Markets — enabling them to benefit directly from the value recaptured via the oracle-layer auctions.

By curating these vaults, Yearn plays a key role in guiding capital toward more sustainable and user-aligned lending infrastructure.


The First Market: wstETH/USDC

Introducing OEV-Boosted Morpho Markets

The first OEV-Boosted Market will be a high-demand, blue-chip pair: wstETH as collateral and USDC as the borrowable asset.

This pairing was chosen for three reasons:

  • It’s one of the most active blue-chip pairs in DeFi.
  • It has deep liquidity across the ecosystem.
  • It accounts for more liquidation activity on Morpho than any other pair to date.

That makes it the ideal launchpad for demonstrating how OEV-based incentive models can reclaim and redistribute value at scale.

Rewards

To jumpstart participation and establish early momentum, this market will launch with USDC incentives distributed to suppliers and/or borrowers. These rewards will help bootstrap liquidity and usage during the initial phase.

As liquidations occur, value is captured at the oracle layer via Api3’s OEV auctions. The proceeds from these auctions will be distributed month over month via Merkl to participants in the OEV-Boosted Market — extending or even replacing the need for external incentives over time.

Conclusion

OEV-Boosted Morpho Markets mark a shift in how we think about incentives in DeFi. Instead of relying on inflationary token emissions or letting value slip away to infrastructure layers, they channel existing economic flows — like liquidation incentives — back to the users who make the market work.

By relocating competition from the blockspace to the oracle layer, Api3’s OEV Network turns a structural inefficiency into a sustainable incentive mechanism. Liquidators still compete — but users, not block builders, end up with the upside. Value stays where it's created. Incentives grow from protocol-native activity. And market participants — not middlemen — reap the rewards.

We're excited to launch this experiment with Yearn and Morpho. And we think it’s just the beginning.

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<![CDATA[Api3 Partners with Infura to Expand Liquid Staking Token Support Across L2’s]]>https://blog.api3.org/ecosystem/api3-partners-with-infura-to-expand-liquid-staking-token-support-across-l2s/67c88e08cac7d200010d7a3dThu, 06 Mar 2025 15:50:01 GMT

We’re excited to announce our partnership with Infura, a leader in decentralized blockchain infrastructure and the driving force behind the Decentralized Infrastructure Network (DIN) initiative. Infura provides enterprise-grade blockchain APIs and developer tools that prioritize high availability, scalability, and security, ensuring seamless Web3 development.

Through this partnership, Infura joins Api3’s expanding network of RPC providers, delivering cryptographically verifiable data to power our multi-source data feeds. As an RPC provider, Infura will operate a node for Api3’s oracle network, ensuring accurate, timely, and resilient data feeds, including exchange rates for liquid staking tokens (LSTs) and liquid restaking tokens (LRTs).

Infura’s Decentralized Infrastructure Network (DIN) is designed to progressively decentralize the RPC layer, ensuring high throughput, performance, and no single point of failure. With failover-enabled RPC calls and broad multichain coverage, DIN enhances the reliability and redundancy of blockchain APIs—a crucial component for the next generation of DeFi protocols.

By joining forces with Infura, Api3 takes another critical step toward bringing real-world data onchain in a verifiable and decentralized way. Together, we continue to build the foundation for secure and reliable blockchain solutions.

Streamlining LST Operations for Layer 2 Ecosystems

As the DeFi landscape evolves, Api3 is doubling down on assets crucial for the long-term performance and composability of Layer 2 ecosystems. Our partnership with Infura plays a vital role in this strategy by streamlining the operation of LST price feeds to ensure DeFi protocols are well-equipped to meet the demands of a competitive Layer 2 landscape.

In the emerging rollup-centric future, the ability to offer enhanced capital efficiency and unlock new yield opportunities offered by LSTs and LRTs will define the success of blockchain networks. Through our collaboration with Infura, Api3’s Oracle Stack is designed to meet these demands by facilitating scalable and interoperable data feeds across multiple chains. This ensures that protocols building in a multi-chain environment can efficiently access the data feeds they need to thrive. 

Redefining onchain data around source transparency

Api3’s vision is to redefine the standards for onchain data by pioneering decentralized data feeds that facilitate a direct connection between data providers and smart contracts. This first-party oracle architecture ensures end-to-end transparency and significantly improves data security and reliability through the aggregation of multiple data sources into each data feed. 

We are committed to building an open, decentralized web and are happy to welcome Infura into our growing network of data providers powering blockchain applications with next-generation oracle solutions. Builders can utilize the Api3 Oracle Stack across 40+ blockchains on the Api3 Market, with the ability to verify the source and degree of decentralization of those data feeds onchain. 

About Infura

Infura, now a product under Metamask Developer, provides enterprise-grade blockchain infrastructure, enabling developers to seamlessly build and scale decentralized applications. Its industry-leading suite of developer tools includes high-performance RPC endpoints, Web3 APIs, and access to Ethereum, Linea , varied Layer 2 networks, and a broad range of blockchain ecosystems. Infura’s Decentralized Infrastructure Network (DIN) is pioneering a distributed approach to blockchain access, enhancing reliability, security, and scalability for Web3 applications. Learn more at infura.io.

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<![CDATA[API3’s First-Party Oracle Infrastructure is Live on Ronin]]>https://blog.api3.org/ecosystem/api3s-first-party-oracle-infrastructure-is-live-on-ronin/67b751c821d13300015a071aThu, 20 Feb 2025 15:00:00 GMT

We are excited to announce that API3’s Oracle Stack is available on Ronin Network, giving developers access to over 190 data feeds on the API3 Market and the OEV Network to recapture protocol MEV due to oracle updates. Developers on Ronin can now access verifiable, multi-source, decentralized data feeds (dAPIs) powered by first-party oracle nodes, which are operated directly by the data providers.

With OEV Network being integrated with all of API3’s data feeds on Ronin, developers will have a built-in solution for recapturing MEV. Rather than protocols leaking value to searchers and block builders, the proceeds from oracle update auctions are programmatically returned to the dApp where the value originated, leading to better execution for users and better protocol performance for dApps.

Ronin is an EVM-compatible blockchain designed specifically for gaming. Created by Sky Mavis, the team behind Axie Infinity, Ronin has demonstrated its ability to support massive gaming ecosystems, processing over $4 billion in NFT volume and scaling Axie Infinity to accommodate millions of daily active users. Unlike general-purpose blockchains, Ronin optimizes for near-instant transactions and minimal fees, ensuring that in-game interactions remain seamless and cost-effective. This makes it the go-to blockchain for game developers looking to provide a frictionless blockchain gaming experience.

What sets Ronin apart is its battle-tested infrastructure and strong ecosystem support. In 2021, it handled 15% of all NFT trading volume, second only to Ethereum in total NFT sales. Ronin prioritizes security and performance, implementing a curated approach to application onboarding to minimize spam and maintain high network uptime. With extensive experience in product development, community building, and scaling blockchain games, Sky Mavis, acting as a publisher, offers product integrations, investments & advisory support to developers deploying on Ronin, reducing risks and enhancing success in the rapidly evolving Web3 gaming landscape.

Developers looking to utilize data feeds on Ronin can visit the API3 Market. The API3 Market provides an easy way to browse, access, and manage a wide variety of data feeds, including popular cryptocurrencies, LSTs, and stablecoins.

Simply Read Verifiable, Decentralized Data to Power dApps

API3’s first-party oracle architecture maintains data onchain directly from the data providers. This decentralized and verifiable design eliminates rent-seeking middlemen and offers a more secure and efficient method for bringing data onchain.

One of the key benefits of dAPIs is the ease of use for dApps and chains requiring oracle services. Rather than having to manage their own infrastructure, dApps can simply read data that is natively maintained on Ronin. This solution makes it easy for dApps to quickly and easily migrate to Ronin from other EVM-compatible chains, allowing for the rapid adoption and scaling of DeFi ecosystems.

API3’s first-party oracle architecture leverages data directly from the source. The oracle nodes are operated by the data providers themselves, bringing cryptographically signed data onto the blockchain. This allows dAPIs to be verified down to the API parameters and aligns with core principles of the blockchain ethos of transparency and onchain verification.

Protocols like Aave, Compound, and various DEXes all rely on data maintained directly on the consumer chain. API3 addresses this need by maintaining data on the native-chain in a verifiable and decentralized way. With the introduction of dAPIs on Ronin, developers gain direct access to a wide assortment of real-time data straight from the source.

OEV Network: An Application-Specific Solution to Recapture MEV

DeFi protocols that rely on oracles leak a lot of MEV. For lending protocols this amounts to millions of dollars a year.

OEV Network creates an efficient market where oracle service providers and searchers come together to combat the negative impact of MEV through specialized order-flow auctions. With OEV Network, searchers don’t need to wait for the price to update onchain, they can trigger the price update when it is most valuable. As an application-specific solution, it captures all the MEV created at the protocol level due to oracle updates and gives it back to the dApp that generated the value.

OEV Network gives every lending and borrowing protocol on Ronin a built-in MEV solution by improving upon critical inefficiencies in the current oracle design space. By leveraging the security of a Layer 2 to create an efficient market for oracle updates, it not only improves the health of lending and borrowing dApps but also allows them to capture a multi-million dollar opportunity.

Getting Started with API3’s Oracle Stack

API3’s Oracle Stack is easy to implement and offers a flexible, scalable solution for developers building on Ronin. For those new to dAPIs, a developer Getting Started with dAPIs Video is available to guide you through the API3 Market.

For more information about dAPIs or OEV Network, visit our website, follow us on Twitter, or explore the technical documentation.

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<![CDATA[API3’s MEV-Aware Oracle Stack is Live on Unichain]]>https://blog.api3.org/ecosystem/api3s-mev-aware-oracle-stack-is-live-on-unichain/67b750f321d13300015a06f0Fri, 14 Feb 2025 02:00:00 GMT

We are excited to announce that API3’s Oracle Stack is available on Unichain, giving developers access to over 190 data feeds on the API3 Market and the OEV Network to recapture protocol MEV due to oracle updates. Developers on Unichain can now access verifiable, multi-source, decentralized data feeds (dAPIs) powered by first-party oracle nodes, which are operated directly by the data providers.

With OEV Network being integrated with all of API3’s data feeds on Unichain, developers will have a built-in solution for recapturing MEV. Rather than protocols leaking value to searchers and block builders, the proceeds from oracle update auctions are programmatically returned to the dApp where the value originated, leading to better execution for users and better protocol performance for dApps.

Unichain is a DeFi-native Ethereum Layer 2 designed to unify liquidity across chains by offering high-speed, low-cost transactions. Built to reduce fragmentation in DeFi, it provides a unified environment for traders, developers, and liquidity providers to operate efficiently. Unichain is the first L2 to launch as a stage 1 rollup, prioritizing decentralization. With 1-second block times at launch — and a future target of 250 ms effective blocks — Unichain significantly boosts market efficiency and minimizes MEV losses. By leveraging Ethereum’s scaling roadmap, it moves execution off Ethereum mainnet to an L2, reducing transaction costs by approximately 95%.

As part of the Superchain, Unichain will support seamless cross-chain transactions when native superchain interoperability goes live later this year. With its focus on speed, cost reduction, and deep liquidity, Unichain is positioned to become the go-to Layer 2 for the most innovative developers.

Developers looking to utilize data feeds on Unichain can visit the API3 Market. The API3 Market provides an easy way to browse, access, and manage a wide variety of data feeds, including popular cryptocurrencies, LSTs, and stablecoins.

Simply Read Verifiable, Decentralized Data to Power dApps

API3’s first-party oracle architecture maintains data onchain directly from the data providers. This decentralized and verifiable design eliminates rent-seeking middlemen and offers a more secure and efficient method for bringing data onchain.

One of the key benefits of dAPIs is the ease of use for dApps and chains requiring oracle services. Rather than having to manage their own infrastructure, dApps can simply read data that is natively maintained on Unichain. This solution makes it easy for dApps to quickly and easily migrate to Unichain from other EVM-compatible chains, allowing for the rapid adoption and scaling of DeFi ecosystems.

API3’s first-party oracle architecture leverages data directly from the source. The oracle nodes are operated by the data providers themselves, bringing cryptographically signed data onto the blockchain. This allows dAPIs to be verified down to the API parameters and aligns with core principles of the blockchain ethos of transparency and onchain verification.

Protocols like Aave, Compound, and various DEXes all rely on data maintained directly on the consumer chain. API3 addresses this need by maintaining data on the native-chain in a verifiable and decentralized way. With the introduction of dAPIs on Unichain, developers gain direct access to a wide assortment of real-time data straight from the source.

OEV Network: An Application-Specific Solution to Recapture MEV

DeFi protocols that rely on oracles leak a lot of MEV. For lending protocols this amounts to millions of dollars a year.

OEV Network creates an efficient market where oracle service providers and searchers come together to combat the negative impact of MEV through specialized order-flow auctions. With OEV Network, searchers don’t need to wait for the price to update onchain, they can trigger the price update when it is most valuable. As an application-specific solution, it captures all the MEV created at the protocol level due to oracle updates and gives it back to the dApp that generated the value.

OEV Network gives every lending and borrowing protocol on Unichain a built-in MEV solution by improving upon critical inefficiencies in the current oracle design space. By leveraging the security of a Layer 2 to create an efficient market for oracle updates, it not only improves the health of lending and borrowing dApps but also allows them to capture a multi-million dollar opportunity.

Getting Started with API3’s Oracle Stack

API3’s Oracle Stack is easy to implement and offers a flexible, scalable solution for developers building on Unichain. For those new to dAPIs, a developer Getting Started with dAPIs Video is available to guide you through the API3 Market.

For more information about dAPIs or OEV Network, visit our website, follow us on Twitter, or explore the technical documentation.

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<![CDATA[API3’s First-Party Oracle Stack is Live on Soneium]]>https://blog.api3.org/ecosystem/api3s-first-party-oracle-stack-is-live-on-soneium/67af875306ae360001d31d2aThu, 13 Feb 2025 02:00:00 GMT

We are excited to announce that API3’s Oracle Stack is available on Soneium, giving developers access to over 190 data feeds on the API3 Market and the OEV Network to recapture protocol MEV due to oracle updates. Developers on Soneium can now access verifiable, multi-source, decentralized data feeds (dAPIs) powered by first-party oracle nodes, which are operated directly by the data providers. 

With OEV Network being integrated with all of API3’s data feeds on Soneium, developers will have a built-in solution for recapturing MEV. Rather than protocols leaking value to searchers and block builders, the proceeds from oracle update auctions are programmatically returned to the dApp where the value originated, leading to better execution for users and better protocol performance for dApps. 

Soneium is building the backbone of the future internet, a decentralized, user-first ecosystem born from the partnership between Sony Group Corporation and Startale. Designed as a general-purpose blockchain, Soneium bridges the gap between Web2 and Web3, offering scalable, developer-friendly technology that empowers creators, developers, and communities worldwide. With its robust infrastructure and seamless integration of blockchain into everyday services, Soneium simplifies blockchain adoption, unlocking the potential of blockchain technology for a global audience.

Driven by a vision of the open internet that transcends boundaries, Soneium fosters creativity, emotion, and inclusivity. Leveraging Sony’s expertise in entertainment and technology alongside Startale’s Web3 innovation, the platform is uniquely equipped to support diverse applications across gaming, finance, and beyond. By providing intuitive tools, APIs, and compliance resources, Soneium lowers the barrier to entry for developers and mainstream users alike, enabling the creation of user-friendly dApps and compliant global applications. 

Developers looking to utilize data feeds on Soneium can visit the API3 Market. The API3 Market provides an easy way to browse, access, and manage a wide variety of data feeds, including popular cryptocurrencies, LSTs, and stablecoins. 

Simply Read Verifiable, Decentralized Data to Power dApps

API3’s first-party oracle architecture maintains data onchain directly from the data providers. This decentralized and verifiable design eliminates rent-seeking middlemen and offers a more secure and efficient method for bringing data onchain. 

One of the key benefits of dAPIs is the ease of use for dApps and chains requiring oracle services. Rather than having to manage their own infrastructure, dApps can simply read data that is natively maintained on Soneium. This solution makes it easy for dApps to quickly and easily migrate to Soneium from other EVM-compatible chains, allowing for the rapid adoption and scaling of DeFi ecosystems. 

API3’s first-party oracle architecture leverages data directly from the source. The oracle nodes are operated by the data providers themselves, bringing cryptographically signed data onto the blockchain. This allows dAPIs to be verified down to the API parameters and aligns with core principles of the blockchain ethos of transparency and onchain verification.

Protocols like Aave, Compound, and various DEXes all rely on data maintained directly on the consumer chain. API3 addresses this need by maintaining data on the native-chain in a verifiable and decentralized way. With the introduction of dAPIs on Soneium, developers gain direct access to a wide assortment of real-time data straight from the source.

OEV Network: An Application-Specific Solution to Recapture MEV

DeFi protocols that rely on oracles leak a lot of MEV. For lending protocols this amounts to millions of dollars a year. 

OEV Network creates an efficient market where oracle service providers and searchers come together to combat the negative impact of MEV through specialized order-flow auctions. With OEV Network, searchers don’t need to wait for the price to update onchain, they can trigger the price update when it is most valuable. As an application-specific solution, it captures all the MEV created at the protocol level due to oracle updates and gives it back to the dApp that generated the value.OEV Network gives every lending and borrowing protocol on Soneium a built-in MEV solution by improving upon critical inefficiencies in the current oracle design space. By leveraging the security of a Layer 2 to create an efficient market for oracle updates, it not only improves the health of lending and borrowing dApps but also allows them to capture a multi-million dollar opportunity. 

Getting Started with API3’s Oracle Stack

API3’s Oracle Stack is easy to implement and offers a flexible, scalable solution for developers building on Soneium. For those new to dAPIs, a developer Getting Started with dAPIs Video is available to guide you through the API3 Market.

For more information about dAPIs or OEV Network, visit our website, follow us on Twitter, or explore the technical documentation

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<![CDATA[API3’s MEV-Aware Oracle Stack is live on Berachain]]>https://blog.api3.org/ecosystem/api3s-mev-aware-oracle-stack-is-live-on-berachain/67af846806ae360001d31caeThu, 06 Feb 2025 02:00:00 GMT

We are excited to announce that API3’s Oracle Stack is available on Berachain, giving developers access to over 190 data feeds on the API3 Market and the OEV Network to recapture protocol MEV due to oracle updates. Developers on Berachain can now access verifiable, multi-source, decentralized data feeds (dAPIs) powered by first-party oracle nodes, which are operated directly by the data providers. 

With OEV Network being integrated with all of API3’s data feeds on Berachain, developers will have a built-in solution for recapturing MEV. Rather than protocols leaking value to searchers and block builders, the proceeds from oracle update auctions are programmatically returned to the dApp where the value originated, leading to better execution for users and better protocol performance for dApps. 

Berachain is a high-performance, EVM-identical Layer 1 blockchain built on the modular BeaconKit framework. By maintaining full compatibility with the Ethereum Virtual Machine (EVM), Berachain seamlessly supports existing execution clients like Geth, Reth, and Nethermind. This ensures that as Ethereum upgrades Berachain can adopt those changes immediately, maintaining full compatibility with all EVM-based tooling and infrastructure.

A key innovation of Berachain is its Proof-of-Liquidity (PoL) consensus mechanism. PoL reimagines Layer 1 economics by prioritizing liquidity and application growth over traditional validator rewards. By directing network incentives toward ecosystem liquidity, PoL enhances trading efficiency, price stability, and security while aligning the interests of validators, protocols, and users for long-term sustainability. Native applications like BeraSwap showcase how developers can leverage this model to build new financial primitives on Berachain.

Developers looking to utilize data feeds on Berachain can visit the API3 Market. The API3 Market provides an easy way to browse, access, and manage a wide variety of data feeds, including popular cryptocurrencies, LSTs, and stablecoins. 

Simply Read Verifiable, Decentralized Data to Power dApps

API3’s first-party oracle architecture maintains data onchain directly from the data providers. This decentralized and verifiable design eliminates rent-seeking middlemen and offers a more secure and efficient method for bringing data onchain. 

One of the key benefits of dAPIs is the ease of use for dApps and chains requiring oracle services. Rather than having to manage their own infrastructure, dApps can simply read data that is natively maintained on Berachain. This solution makes it easy for dApps to quickly and easily migrate to Berachain from other EVM-compatible chains, allowing for the rapid adoption and scaling of DeFi ecosystems. 

API3’s first-party oracle architecture leverages data directly from the source. The oracle nodes are operated by the data providers themselves, bringing cryptographically signed data onto the blockchain. This allows dAPIs to be verified down to the API parameters and aligns with core principles of the blockchain ethos of transparency and onchain verification.

Protocols like Aave, Compound, and various DEXes all rely on data maintained directly on the consumer chain. API3 addresses this need by maintaining data on the native-chain in a verifiable and decentralized way. With the introduction of dAPIs on Berachain, developers gain direct access to a wide assortment of real-time data straight from the source.

OEV Network: An Application-Specific Solution to Recapture MEV

DeFi protocols that rely on oracles leak a lot of MEV. For lending protocols this amounts to millions of dollars a year. 

OEV Network creates an efficient market where oracle service providers and searchers come together to combat the negative impact of MEV through specialized order-flow auctions. With OEV Network, searchers don’t need to wait for the price to update onchain, they can trigger the price update when it is most valuable. As an application-specific solution, it captures all the MEV created at the protocol level due to oracle updates and gives it back to the dApp that generated the value.OEV Network gives every lending and borrowing protocol on Berachain a built-in MEV solution by improving upon critical inefficiencies in the current oracle design space. By leveraging the security of a Layer 2 to create an efficient market for oracle updates, it not only improves the health of lending and borrowing dApps but also allows them to capture a multi-million dollar opportunity. 

Getting Started with API3’s Oracle Stack

API3’s Oracle Stack is easy to implement and offers a flexible, scalable solution for developers building on Berachain. For those new to dAPIs, a developer Getting Started with dAPIs Video is available to guide you through the API3 Market.

For more information about dAPIs or OEV Network, visit our website, follow us on Twitter, or explore the technical documentation

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<![CDATA[API3’s First-Party Oracle Infrastructure is Live on Ink]]>https://blog.api3.org/ecosystem/api3s-first-party-oracle-infrastructure-is-live-on-ink/67af83de06ae360001d31c88Mon, 06 Jan 2025 02:00:00 GMT

We are excited to announce that API3’s Oracle Stack is available on Ink, giving developers access to over 190 data feeds on the API3 Market and the OEV Network to recapture protocol MEV due to oracle updates. Developers on Ink can now access verifiable, multi-source, decentralized data feeds (dAPIs) powered by first-party oracle nodes, which are operated directly by the data providers. 

With OEV Network being integrated with all of API3’s data feeds on Ink, developers will have a built-in solution for recapturing MEV. Rather than protocols leaking value to searchers and block builders, the proceeds from oracle update auctions are programmatically returned to the dApp where the value originated, leading to better execution for users and better protocol performance for dApps. 

Ink is an Ethereum OP Stack Layer 2 blockchain built by Kraken, designed to serve as the house of DeFi within the Superchain ecosystem. By combining the power of Ethereum scaling solutions with Kraken’s decade-long expertise in security and reliability, Ink accelerates the journey toward onchain financial sovereignty. Its mission is to simplify DeFi for everyone, acting as a bridge between visionary builders and users while enabling seamless capital flows across the Superchain and beyond.

With a builder-first approach, Ink provides developers with a world-class development environment, including financial support, rich documentation, and tailored onboarding. Featuring sub-second block times, low gas fees, EVM compatibility, and Kraken’s infrastructure to abstract complexity, Ink delivers the performance, security, and scalability required to shape the next chapter of DeFi.

Developers looking to utilize price feeds on Ink can visit the API3 Market. The API3 Market provides an easy way to browse, access, and manage a wide variety of data feeds, including popular cryptocurrencies, LSTs, and stablecoins. 

Simply Read Verifiable, Decentralized Data to Power dApps

API3’s first-party oracle architecture maintains data onchain directly from the data providers. This decentralized and verifiable design eliminates rent-seeking middlemen and offers a more secure and efficient method for bringing data onchain. 

One of the key benefits of dAPIs is the ease of use for dApps and chains requiring oracle services. Rather than having to manage their own infrastructure, dApps can simply read data that is natively maintained on Ink. This solution makes it easy for dApps to quickly and easily migrate to Ink from other EVM-compatible chains, allowing for the rapid adoption and scaling of DeFi ecosystems. 

API3’s first-party oracle architecture leverages data directly from the source. The oracle nodes are operated by the data providers themselves, bringing cryptographically signed data onto the blockchain. This allows dAPIs to be verified down to the API parameters and aligns with core principles of the blockchain ethos of transparency and onchain verification.

Protocols like Aave, Compound, and various DEXes all rely on data maintained directly on the consumer chain. API3 addresses this need by maintaining data on the native-chain in a verifiable and decentralized way. With the introduction of dAPIs on Ink, developers gain direct access to a wide assortment of real-time data straight from the source.

OEV Network: An Application-Specific Solution to Recapture MEV

DeFi protocols that rely on oracles leak a lot of MEV. For lending protocols, this amounts to millions of dollars a year. 

OEV Network creates an efficient market where oracle service providers and searchers come together to combat the negative impact of MEV through specialized order-flow auctions. With OEV Network, searchers don’t need to wait for the price to update onchain, they can trigger the price update when it is most valuable. As an application-specific solution, it captures all the MEV created at the protocol level due to oracle updates and gives it back to the dApp that generated the value.OEV Network gives every lending and borrowing protocol on Ink a built-in MEV solution by improving upon critical inefficiencies in the current oracle design space. By leveraging the security of a Layer 2 to create an efficient market for oracle updates, it not only improves the health of lending and borrowing dApps but also allows them to capture a multi-million dollar opportunity. 

Getting Started with API3’s Oracle Stack

API3’s Oracle Stack is easy to implement and offers a flexible, scalable solution for developers building on Ink. For those new to dAPIs, a developer Getting Started with dAPIs Video is available to guide you through the API3 Market.

For more information about dAPIs or OEV Network, visit our website, follow us on Twitter, or explore the technical documentation

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<![CDATA[What is Api3?]]>https://blog.api3.org/basics/what-is-api3/67af862406ae360001d31cfdWed, 01 Jan 2025 02:00:00 GMTIn a sentenceWhat is Api3?

Api3 is a leading blockchain oracle provider built on first-party oracle nodes and integrated oracle extractable value (OEV) solution—delivering secure, verifiable, multi-source data while enabling dApps to get paid with OEV Rewards.

In a paragraph

Api3 is redefining blockchain oracles with a first-party approach—data comes directly from providers, eliminating middlemen, reducing costs, and increasing security by creating verifiability. With the OEV Network integrated into all data feeds, Api3 empowers dApps to not only power their smart contracts with multi-source and verifiable data but also to recapture oracle extractable value (OEV)—transforming core protocol infrastructure into a new revenue stream. Developers can permissionlessly access over 190 data feeds across all major EVM chains through the Api3 Market, a web3 data marketplace designed to make integration fast and simple. Api3 doesn’t just provide data—it’s performance infrastructure for DeFi, enabling protocols to secure their smart contracts with multi-source, verifiable data while aligning incentives that maximize value.

What is Api3?

In 500 words

Api3 is a next-generation blockchain oracle provider designed to meet the evolving needs of decentralized applications (dApps) by delivering secure, verifiable, and multi-source data. Unlike traditional oracles which rely on third-party intermediaries to relay data from providers to smart contracts, Api3 is built on the principle of first-party oracle nodes operated directly by reputable, high-quality data providers. This architecture eliminates inefficiencies, reduces costs, and removes trust assumptions, ensuring that every piece of data is sourced directly, transparently, and verifiably. By connecting smart contracts directly to data providers, Api3 enhances security while offering developers and protocols a proven, scalable, and first-principles-based solution for powering their smart contracts.

A defining feature of the Api3 Oracle Stack is the integration of the OEV Network with all data feeds on the Api3 Market. Oracle extractable value (OEV) represents the value that can be extracted around oracle updates, such as during liquidations on lending protocols that are vital for maintaining protocol health. Traditionally, this value is forfeited to external actors, such as MEV searchers and validators, increasing the costs borne by users. Api3 flips this paradigm by enabling dApps to recapture OEV and transform this critical protocol function into a revenue stream. By integrating OEV Network across all its data feeds, Api3 not only improves the efficiency of liquidations but also provides a new mechanism for dApps to maximize value–unlocking new opportunities to boost yields, reduce fees, or fund innovation.

With over 190 data feeds across all major EVM chains, the Api3 Market is the gateway to next-generation oracle solutions. Developers can permissionlessly activate the feeds they need, instantly accessing high-quality, multi-source data for DeFi, from popular cryptocurrencies and stablecoins, to LSTs, LRTs, and more. No long onboarding, no excessive permissions—just plug-and-play-and-get paid oracle infrastructure.

As DeFi grows more complex and migrates to Layer 2 networks, Api3 ensures that developers have access to the core infrastructure needed to scale securely and efficiently. By centering its solutions around OEV, Api3 redefines what protocols should expect from their oracle providers—not just delivering data but actively enhancing protocol performance.

Api3 is more than an oracle provider—it’s an infrastructure layer that makes DeFi smarter, more efficient, and more profitable. By combining first-party data, with an integrated OEV recapture solution, and a seamless developer experience, Api3 is setting the new standard for blockchain oracles.

Your oracle shouldn’t just power your protocol—it should pay you. Upgrade your oracle to Api3.

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<![CDATA[From Expansion to Impact: What’s Cooking for API3]]>https://blog.api3.org/product/from-expansion-to-impact-whats-cooking-for-api3-2/67af82c506ae360001d31c63Fri, 27 Dec 2024 02:00:00 GMT

This year has marked an incredible period of growth for API3, solidifying our role as a leading force in securing the evolving DeFi landscape. As DeFi trends toward the adoption of Layer 2 solutions, API3 has strategically scaled its operations and product offerings to align with this shift. In 2024 alone, we expanded from supporting 16 networks to over 40 and grew our Total Value Secured (TVS) from $20 million to over $600 million. This giant leap underscores our commitment to enabling dApps to easily upgrade their oracle with developer-friendly solutions, providing next-generation oracle infrastructure wherever they are building. 

From navigating the shift to Layer 2s and redefining what lending protocols expect from their oracles to driving sustainable revenue growth through innovations like the OEV Network, we’re setting the standards for how oracles can shape the future of DeFi. 

The DeFi landscape has experienced a significant migration of Total Value Locked (TVL) to L2s this year, driven by the need for faster, more scalable, and cost effective solutions. Over the past year, Layer 2 TVL has more than doubled from under $20 billion to over $55 billion—and we’re still early.

API3 made a decisive move earlier this year to double down on DeFi, positioning itself at the forefront of this shift by supporting leading L2 networks like Blast, Mantle, Mode, Taiko, Sei Network, and Linea among others. By doing so, API3 has proven to be the go-to oracle for developers looking to build without limits and scale quickly. This adaptability ensures that dApps are able to expand to emerging markets without compromising the security of their protocol, like we saw with the recent integration of Compound Finance on Mantle Network.

From Expansion to Impact: What’s Cooking for API3
L2BEAT total value locked chart

Redefining what lending protocols want from their oracle

One of API3's biggest achievements in 2024 was the launch of the OEV Network in July. As the first Layer 2 solution engineered to help lending protocols recapture MEV (Maximal Extractable Value), the OEV Network represents a paradigm shift for what dApps are looking for in an oracle. Integrated with all data feeds on the API3 Market, the OEV Network enables lending protocols to maximize their potential revenue by reclaiming value that would otherwise leak to searchers and validators during liquidations.

Top leading protocols like Init Capital on Blast and Mantle, Juice Finance on Blast, Yei Finance on Sei Network, and Lendle on Mantle have already integrated the OEV Network to lock in these gains. These early adopters showcase the game-changing potential of API3’s built-in MEV solution to boost protocol revenue and fuel new opportunities for innovation. By centering its oracle solutions around oracle extractable value (OEV), API3 has redefined what lending protocols should expect from their oracle partners—no longer just providing data but essential allies in maximizing protocol performance.

From Expansion to Impact: What’s Cooking for API3

More TVS = More Revenue

API3's ability to translate growth in TVS directly into revenue is a game-changer. Unlike traditional oracles that simply provide data, API3's integration of the OEV Network across all of its data feeds ensures value recapture is a core part of its offerings. This not only gives us a competitive edge but also redefines how oracles should be evaluated, shifting the industry focus toward sustainable, revenue-generating models instead of relying on token sales to sustain operations.

With TVL on L2 networks expected to surge during the next bull run, API3 is positioned to harness this growth like no other oracle can. The synergy between TVS growth and revenue through OEV Network integration highlights API3’s foresight in building a futureproof business model that moves in lockstep with industry trends and the demands of DeFi protocols.

From Expansion to Impact: What’s Cooking for API3
https://x.com/API3DAO/status/1853446221299667308

The Stage is Set

API3 has executed its strategic vision with precision this year, and the stage is set for even greater growth. 

As the market gears up for the next bull run, API3 is ready not just to capture more TVS across the expanding L2 landscape, but to set new benchmarks for what next-generation oracle solutions can achieve. With OEV Network already reshaping the expectations of what oracles can deliver, and new partnerships on the horizon, API3 is poised to solidify its position as a trailblazer in moving DeFi forward. 

You’re going to love what’s coming next.

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<![CDATA[API3 Partners with Allnodes to Expand Offerings for Liquid Staking Tokens]]>https://blog.api3.org/ecosystem/api3-partners-with-allnodes-to-expand-offerings-for-liquid-staking-tokens/67af816c06ae360001d31c3eWed, 18 Dec 2024 02:00:00 GMT

We are excited to announce our partnership with Allnodes, a leader in blockchain infrastructure and a trusted provider of non-custodial hosting and staking services. Allnodes empowers developers to harness the full potential of blockchain technology with enterprise-grade solutions that prioritize security, reliability, and compliance.

This partnership expands our network of RPC providers that provide cryptographically secure and verifiable data for powering our multi-source data feeds. As an RPC provider, Allnodes will operate a node for API3’s data feeds, including exchange rates for liquid staking tokens (LSTs) and liquid restaking tokens (LRTs). 

With its proven infrastructure and expertise in multichain RPC services, Allnodes ensures API3’s data feeds remain accurate, timely, and resilient. This integration supports the growing demand for LST and LRT integrations, contributing to precise asset valuations and enhanced performance for decentralized applications.

By joining forces with Allnodes, API3 takes another critical step toward bringing real-world data onchain in a verifiable and decentralized way. Together, we continue to build the foundation for secure and reliable blockchain solutions.

Streamlining LST Operations

As the DeFi landscape evolves, API3 is doubling down on assets crucial for the long-term performance and composability of Layer 2 ecosystems. Our partnership with Allnodes plays a vital role in this strategy by streamlining the operation of LST price feeds to ensure DeFi protocols are well-equipped to meet the demands of a competitive Layer 2 landscape.

In the emerging rollup-centric future, the ability to offer enhanced capital efficiency and unlock new yield opportunities offered by LSTs and LRTs will define the success of blockchain networks. Through our collaboration with Allnodes, API3’s Oracle Stack is designed to meet these demands by facilitating scalable and interoperable data feeds across multiple chains. This ensures that protocols building in a multi-chain environment can efficiently access the data feeds they need to thrive. 

Redefining onchain data around source transparency

API3’s vision is to redefine the standards for onchain data by pioneering decentralized data feeds that facilitate a direct connection between data providers and smart contracts. This first-party oracle architecture ensures end-to-end transparency and significantly improves data security and reliability through the aggregation of multiple data sources into each data feed. 

We are committed to building an open, decentralized web and are happy to welcome Allnodes into our growing network of data providers powering blockchain applications with next-generation oracle solutions. Builders can utilize the API3 Oracle Stack across 37 blockchains on the API3 Market, with the ability to verify the source and degree of decentralization of those data feeds onchain. 

About Allnodes

Allnodes stands out as a leading non-custodial platform, delivering premium hosting and staking services for over 80 blockchain protocols. Beyond serving crypto investors, Allnodes has made a significant impact in the blockchain space, providing essential infrastructure for developers and innovators. With its RPC endpoint solutions and blockchain snapshots, Allnodes empowers the growth and advancement of decentralized ecosystems.

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<![CDATA[API3’s First-Party Oracle Infrastructure is Live on Sonic]]>https://blog.api3.org/ecosystem/api3s-first-party-oracle-infrastructure-is-live-on-sonic/67af80b406ae360001d31c1aTue, 17 Dec 2024 02:00:00 GMT

We are excited to announce that API3’s Oracle Stack is available on Sonic, giving developers access to over 190 data feeds on the API3 Market and the OEV Network to recapture protocol MEV due to oracle updates. Developers on Sonic can now access verifiable, multi-source data feeds (dAPIs) powered by first-party oracle nodes, which are operated directly by the data providers. 

With OEV Network being integrated with all of API3’s data feeds on Sonic, developers will have a built-in solution for recapturing MEV. Rather than protocols leaking value to searchers and block builders, the proceeds from oracle update auctions are programmatically returned to the dApp where the value originated, leading to better execution for users and better protocol performance for dApps. 

Sonic is an EVM-compatible Layer 1 blockchain designed to deliver unparalleled speed, scalability, and developer support. As one of the fastest settlement layers for digital assets, Sonic achieves over 10,000 transactions per second (TPS) with real sub-second confirmation times, making it an ideal choice for high-performance applications. By combining this speed with robust infrastructure, Sonic empowers developers to create seamless user experiences while maintaining top-tier security.

Sonic offers a host of developer-friendly features and incentive programs to drive innovation and adoption. With Fee Monetization, developers can earn up to 90% of their app’s fees, encouraging the creation of applications that boost on-chain traffic. The Innovator Fund further supports teams by expediting the adoption of new applications and incentivizing innovative ventures.

Sonic’s technology stack includes its virtual machine for lightning-fast, 100% EVM-compatible execution in Solidity and Vyper, and its database storage, which delivers low-latency performance with low-cost maintenance and minimal storage requirements. These features, coupled with the network’s scalability and streamlined experience, make Sonic a powerful platform for building the next generation of blockchain applications.

Developers looking to utilize data feeds on Sonic can visit the API3 Market. The API3 Market provides an easy way to browse, access, and manage a wide variety of data feeds, including popular cryptocurrencies, LSTs, and stablecoins. 

Simply Read Verifiable, Decentralized Data to Power dApps

API3’s first-party oracle architecture maintains data onchain directly from the data providers. This decentralized and verifiable design eliminates rent-seeking middlemen and offers a more secure and efficient method for bringing data onchain. 

One of the key benefits of dAPIs is the ease of use for dApps and chains requiring oracle services. Rather than having to manage their own infrastructure, dApps can simply read data that is natively maintained on Sonic. This solution makes it easy for dApps to quickly and easily migrate to Sonic from other EVM-compatible chains, allowing for the rapid adoption and scaling of DeFi ecosystems. 

API3’s first-party oracle architecture leverages data directly from the source. The oracle nodes are operated by the data providers themselves, bringing cryptographically signed data onto the blockchain. This allows dAPIs to be verified down to the API parameters and aligns with core principles of the blockchain ethos of transparency and onchain verification.

Protocols like Aave, Compound, and various DEXes all rely on data maintained directly on the consumer chain. API3 addresses this need by maintaining data on the native-chain in a verifiable and decentralized way. With the introduction of dAPIs on Sonic, developers gain direct access to a wide assortment of real-time data straight from the source.

OEV Network: An Application-Specific Solution to Recapture MEV

DeFi protocols that rely on oracles leak a lot of MEV. For protocols like lending dApps, this amounts to millions of dollars a year. 

OEV Network creates an efficient market where oracle service providers and searchers come together to combat the negative impact of MEV through specialized order-flow auctions. With OEV Network, searchers don’t need to wait for the price to update onchain, they can trigger the price update when it is most valuable. As an application-specific solution, it captures all the MEV created at the protocol level due to oracle updates and gives it back to the dApp that generated the value.OEV Network gives every lending and borrowing protocol on Sonic a built-in MEV solution by improving upon critical inefficiencies in the current oracle design space. By leveraging the security of a Layer 2 to create an efficient market for oracle updates, it not only improves the health of lending and borrowing dApps but also allows them to capture a multi-million dollar opportunity. 

Getting Started with API3’s Oracle Stack

API3’s Oracle Stack is easy to implement and offers a flexible, scalable solution for developers building on Sonic. For those new to dAPIs, a developer Getting Started with dAPIs Video is available to guide you through the API3 Market.

For more information about dAPIs or OEV Network, visit our website, follow us on Twitter, or explore the technical documentation

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<![CDATA[API3’s Oracle Stack is live on World Chain]]>https://blog.api3.org/ecosystem/api3s-oracle-stack-is-live-on-world-chain/67af7fee06ae360001d31bf7Fri, 06 Dec 2024 02:00:00 GMT

We are excited to announce that API3’s Oracle Stack is available on World Chain, giving developers access to over 170 data feeds on the API3 Market and the OEV Network to recapture protocol MEV due to oracle updates. Developers on World Chain can now access verifiable, multi-source, decentralized data feeds (dAPIs) powered by first-party oracle nodes, which are operated directly by the data providers. 

With OEV Network being integrated with all of API3’s data feeds on World Chain, developers will have a built-in solution for recapturing MEV. Rather than protocols leaking value to searchers and block builders, the proceeds from oracle update auctions are programmatically returned to the dApp where the value originated, leading to better execution for users and better protocol performance for dApps. 

World Chain is a blockchain designed with a human-centric approach, emphasizing accessibility, user empowerment, and community-driven governance. As an open-source, permissionless Layer 2 network secured by Ethereum, World Chain is built on the OP Stack and integrated into the Superchain, providing better scalability and interoperability.  With a launch base of over 14.5 million users, it leverages innovative features like Priority Blockspace for Humans (PBH) to prioritize genuine, human-verified transactions over automated systems, thus mitigating the impact of MEV attacks and reducing gas fees for users. This human-first model fosters an inclusive ecosystem where verified users benefit from simplified and cost-effective transactions.

What truly sets World Chain apart are its unique primitives, such as free gas fees for verified individuals, native mobile distribution through mini-apps, and Sybil resistance powered by World ID. These features enable developers to build new applications that can reach a global audience with minimal barriers. World Chain's dedication to creating a blockchain for real human interaction, combined with its seamless integration into the Superchain and Ethereum’s security, presents new opportunities for bringing the world onchain. 

Developers looking to utilize data feeds on World Chain can visit the API3 Market. The API3 Market provides an easy way to browse, access, and manage a wide variety of data feeds, including popular cryptocurrencies, LSTs, LRTs, and stablecoins. 

Simply Read Verifiable, Decentralized Data to Power dApps

API3’s first-party oracle architecture maintains data onchain directly from the data providers. This decentralized and verifiable design eliminates rent-seeking middlemen and offers a more secure and efficient method for bringing data onchain. 

One of the key benefits of dAPIs is the ease of use for dApps and chains requiring oracle services. Rather than having to manage their own infrastructure, dApps can simply read data that is natively maintained on World Chain. This solution makes it easy for dApps to quickly and easily migrate to World Chain from other EVM-compatible chains, allowing for the rapid adoption and scaling of DeFi ecosystems. 

API3’s first-party oracle architecture leverages data directly from the source. The oracle nodes are operated by the data providers themselves, bringing cryptographically signed data onto the blockchain. This allows dAPIs to be verified down to the API parameters and aligns with core principles of the World Chain ethos of transparency and onchain verification.

Protocols like Aave, Compound, and various DEXes all rely on data maintained directly on the consumer chain. API3 addresses this need by maintaining data on the native-chain in a verifiable and decentralized way. With the introduction of dAPIs on World Chain, developers gain direct access to a wide assortment of real-time data straight from the source.

OEV Network: An Application-Specific Solution to Recapture MEV

DeFi protocols that rely on oracles leak a lot of MEV. For protocols like lending dApps, this amounts to millions of dollars a year. 

OEV Network creates an efficient market where oracle service providers and searchers come together to combat the negative impact of MEV through specialized order-flow auctions. With OEV Network, searchers don’t need to wait for the price to update onchain, they can trigger the price update when it is most valuable. As an application-specific solution, it captures all the MEV created at the protocol level due to oracle updates and gives it back to the dApp that generated the value.OEV Network gives every lending and borrowing protocol on World Chain a built-in MEV solution by improving upon critical inefficiencies in the current oracle design space. By leveraging the security of a Layer 2 to create an efficient market for oracle updates, it not only improves the health of lending and borrowing dApps but also allows them to capture a multi-million dollar opportunity. 

Getting Started with API3’s Oracle Stack

API3’s Oracle Stack is easy to implement and offers a flexible, scalable solution for developers building on World Chain. For those new to dAPIs, a developer Getting Started with dAPIs Video is available to guide you through the API3 Market.

For more information about dAPIs or OEV Network, visit our website, follow us on Twitter, or explore the technical documentation

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<![CDATA[API3’s Oracle Stack is live on ApeChain]]>https://blog.api3.org/ecosystem/api3s-oracle-stack-is-live-on-apechain/675b31491e61fc0001272a1fWed, 20 Nov 2024 01:00:00 GMT

We are excited to announce that API3’s Oracle Stack is available on ApeChain, giving developers access to over 180 data feeds on the API3 Market and the OEV Network to recapture protocol MEV due to oracle updates. Developers on ApeChain can now access verifiable, multi-source, decentralized data feeds (dAPIs) powered by first-party oracle nodes, which are operated directly by the data providers. 

With OEV Network being integrated with all of API3’s data feeds on ApeChain, developers will have a vertically integrated solution for recapturing MEV. Rather than protocols leaking value to searchers and block builders, the proceeds from oracle update auctions are programmatically returned to the dApp where the value originated, leading to better execution for users and better protocol performance for dApps. 

ApeChain is designed to revolutionize the blockchain experience by focusing on ecosystem discovery, unique web3 rails, and top-of-funnel exposure for developers and users. Focusing on three key areas—Content, Tools, and Distribution—ApeChain aims to enhance user interactions and developer efficiency within the blockchain ecosystem. By leveraging innovative infrastructure and the use of $APE as its native gas token, ApeChain enhances $APE’s utility and creates a dynamic, robust economic framework.

At its core, ApeChain is an Arbitrum Orbit chain, strategically settling on Arbitrum One to benefit from its security and infrastructure while maintaining the advantages of being an independent chain. This approach means ApeChain inherits Ethereum’s liquidity and security while fostering deep coordination with Arbitrum developers. The Arbitrum One tech stack is geared to support ApeCoin with key roadmap milestones including Timeboost, BoLD, Cluster Chains, and Stylus, further solidifying ApeChain as a premier blockchain consumer experience.

Developers looking to utilize data feeds on ApeChain can visit the API3 Market. The API3 Market provides an easy way to browse, access, and manage a wide variety of data feeds, including popular cryptocurrencies, LSTs, and stablecoins. 

Simply Read Verifiable, Decentralized Data to Power dApps

API3’s first-party oracle architecture maintains data onchain directly from the data providers. This decentralized and verifiable design eliminates rent-seeking middlemen and offers a more secure and efficient method for bringing data onchain. 

One of the key benefits of dAPIs is the ease of use for dApps and chains requiring oracle services. Rather than having to manage their own infrastructure, dApps can simply read data that is natively maintained on ApeChain. This solution makes it easy for dApps to quickly and easily migrate to ApeChain from other EVM-compatible chains, allowing for the rapid adoption and scaling of DeFi ecosystems. 

API3’s first-party oracle architecture leverages data directly from the source. The oracle nodes are operated by the data providers themselves, bringing cryptographically signed data onto the blockchain. This allows dAPIs to be verified down to the API parameters and aligns with core principles of the blockchain ethos of transparency and onchain verification.

Protocols like Aave, Compound, and various DEXes all rely on data maintained directly on the consumer chain. API3 addresses this need by maintaining data on the native-chain in a verifiable and decentralized way. With the introduction of dAPIs on ApeChain, developers gain direct access to a wide assortment of real-time data straight from the source.

OEV Network: An Application-Specific Solution to Recapture MEV

DeFi protocols that rely on oracles leak a lot of MEV. For protocols like lending dApps, this amounts to millions of dollars a year. 

OEV Network creates an efficient market where oracle service providers and searchers come together to combat the negative impact of MEV through specialized order-flow auctions. With OEV Network, searchers don’t need to wait for the price to update onchain, they can trigger the price update when it is most valuable. As an application-specific solution, it captures all the MEV created at the protocol level due to oracle updates and gives it back to the dApp that generated the value.OEV Network gives every lending and borrowing protocol on ApeChain a built-in MEV solution by improving upon critical inefficiencies in the current oracle design space. By leveraging the security of a Layer 2 to create an efficient market for oracle updates, it not only improves the health of lending and borrowing dApps but also allows them to capture a multi-million dollar opportunity. 

Getting Started with API3’s Oracle Stack

API3’s Oracle Stack is easy to implement and offers a flexible, scalable solution for developers building on ApeChain. For those new to dAPIs, a developer Getting Started with dAPIs Video is available to guide you through the API3 Market.

For more information about dAPIs or OEV Network, visit our website, follow us on Twitter, or explore the technical documentation

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