API3 Discontinues Certain Data Feeds, Focuses on High-Demand Offerings
API3 Discontinues Certain Data Feeds, Focuses on High-Demand Offerings
🔍 Data feed shakeup...
API3 announces the discontinuation of equities, forex, and commodities data feeds on the API3 Market, effective October 1. This decision aims to optimize offerings and reduce maintenance costs.
Key points:
- Focus shifts to high-demand data feeds
- 170+ data feeds remain available on API3 Market
- Popular feeds include cryptocurrencies, LST/LRT, and stablecoins
The API3 Market continues to provide an easy-to-use platform for browsing, accessing, and managing various data feeds.
Call to Action: Visit API3 Market to explore available data feeds and start building.
API3's governance is fully decentralized—by the community, for the community. Join the DAO! Earn a variable APR of 34.5%, gain governance voting power, & stake your claim to helping redefine the oracle landscape around API3's Oracle Stack. tracker.api3.org
There was a time in the early days of DeFi when bringing data onchain was enough-but those days are over. The next generation of oracles will drive protocol performance by recapturing MEV & enhancing efficiency. 🚀 It's time to upgrade your oracle. 🧵⬇️ link.medium.com/768BdLjFFMb
Join us at @ETHWarsaw to discover how API3 is changing the oracle landscape. @UgurMersin61 will discuss why most oracle projects struggle to find a viable business model and how @OEVNetwork is set to transform the space. ⏰ Thursday 12pm on Masuria Stage
🙌🏻 We continue to announce our speakers, who will share their ideas and web3 expertise during the talks, workshops and panels: 🔸 @michalcym from @dominationfi 🔸 @vanishree_rao 🔸 @kamilgorski from @Tokenguard_io 🔸 @ngweihan_eth from @nethermind 🔸 @cryptomattk from
What happened to DeFi? Centralization = falling backwards Let’s move DeFi FORWARD ⏩ API3's Oracle Stack offers: ▲ Permissionless access ▲ Data straight from source ▲ Verifiability onchain ▲ Truly decentralized data ▲ MEV recapture mechanism Built better. ⟁
Join us at @tbc_munich to see how API3 is revolutionizing the oracle landscape with @OEVNetwork. @UgurMersin61 will show why simply bringing data onchain as an oracle isn't enough. API3 is the only oracle to offer a built-in solution for recapturing OEV, allowing dApps to thrive
ℹ️ Important Update: Streamlining Our Data Feeds Effective October 1, we will be discontinuing our equities, forex, and commodities data feeds on the API3 Market. This decision is part of our ongoing effort to optimize our offerings by focusing on high-demand data feeds and
API3 is proud to sponsor @tbc_munich and participate in the Ecosystem track. We'll be showcasing how our next-generation Oracle Stack is transforming DeFi with @OEVNetwork, giving lending protocols a built-in mechanism to recapture oracle extractable value.
📣 𝐁𝐫𝐨𝐧𝐳𝐞 𝐒𝐩𝐨𝐧𝐬𝐨𝐫 𝐀𝐧𝐧𝐨𝐮𝐧𝐜𝐞𝐦𝐞𝐧𝐭 We are excited to announce our Bronze Sponsors for the TUM Blockchain Conference 2024! 🚀 @ethereum (ESP), @API3DAO, @Obol_Collective, @Scroll_ZKP, @wm_gruppe, @ensdomains, @LidoFinance, @nil_foundation, @FilFoundation pic.x.com/VDI8XzXCfH
Most blockchain oracles give you data, but don’t let you verify the source onchain. Defy middlemen. Defy gated access. Defy trusted parties. Defy opaque data. Demand transparency. Challenge the status quo. Let's move DeFi FORWARD ⏩
Simple. Fast. Accessible. Integrating data into your smart contracts is easier than ever on the API3 Market. It’s time to upgrade your oracle. market.api3.org
Unlock the power of a next-generation oracle for your smart contracts. Get the data you need, when you need it. And get paid. 🪙 Our guide makes upgrading your oracle a breeze. youtube.com/watch?v=9qtvVg…
We're doubling down on DeFi. crypto.news/api3-launches-…
API3 DAO Ships New Integrations and Vaults Amid Market Volatility
API3 DAO continued development despite market conditions, delivering several key updates: - **New chain integration**: Robinhood Crypto support added - **Vault launch**: Purinta USDC Vault now live - **Morpho market**: CASHCAT/USDG market deployed - **Purinta features**: Additional functionality delivered The team emphasized their commitment to consistent building regardless of market direction, maintaining focus on infrastructure development and ecosystem expansion.
API3 Oracles Recapture Liquidation Value for Markets
API3 has developed an oracle system that changes how liquidation profits are distributed in DeFi markets. **How it works:** - When price movements trigger position liquidations, those updates generate value - Traditionally, this value goes to MEV searchers and block builders - API3's oracles capture this value and return it to the market itself **Current deployment:** - Over 200 data feeds available on the API3 Market - Integrated with OEV Network across 40+ chains - Provides real-time data access with value recapture built in This approach redirects profits that would normally leak out of protocols back to the platforms and their users, rather than being extracted by third parties.
Zero-Percent Borrow Campaign Runs Without Token Emissions
A new 0% borrowing campaign is operating without token emissions, breaking from the typical DeFi playbook. **How it differs:** - Traditional campaigns print tokens as rewards - Farmers typically dump those tokens immediately - Rates rise again once emissions end **This approach:** - No new tokens are minted - The market sustains itself organically - Eliminates the boom-bust cycle of emission-based incentives This model addresses a recurring problem in DeFi where artificial incentives create temporary activity that evaporates when rewards stop flowing.
Zero-Cost USDC Borrowing Against wstETH on Morpho Labs
**Free borrowing opportunity on Morpho Labs** Traders can currently borrow USDC against wstETH at 0% net cost on Morpho Labs. While the base rate is 2.8% APR, live incentives fully cover the borrowing cost. **Key details:** - Market: wstETH/USDC on Morpho Labs - Base rate: 2.8% APR - Net rate after incentives: 0% - Campaign details: [Merkl opportunities](https://app.merkl.xyz/opportunities/ethereum/MORPHOBORROW/0x6d2FbA32B8649d92432D036c16aA80779034b746) - Market link: [Morpho market](https://app.morpho.org/ethereum/market/0x6d2fba32b8649d92432d036c16aa80779034b7469b63abc259b17678857f31c2/wsteth-usdc) The opportunity is OEV-boosted and powered by API3 DAO. The incentive program has a limited duration, so rates may change when the campaign ends.
Api3 Activates Security Monitoring for Morpho Vaults with Hypernative Partnership
Api3 has launched enhanced security monitoring for its Morpho vaults through a partnership with Hypernative Labs. **Key Features:** - Continuous monitoring layer added to existing security infrastructure - Protection against malicious actors through specialized watchguard system - Three vaults now live with enhanced security: - [Api3 dCOMP USDC](https://app.morpho.org/ethereum/vault/0x36cfe1568461E499391ef0A555300F1ae2da2439/api3-dcomp-usdc) - [Api3 Core USDC](https://app.morpho.org/ethereum/vault/0xe2221Aa07ec3266DA87763E2b1e28d07A8a4e53b/api3-core-usdc) - [Kabu USDC](https://app.morpho.org/ethereum/vault/0x54210d3f1A066413891AF9E17210E787d5C6e3f4/kabu-usdc) The vaults combine OEV-boosted yields with first-party oracle data and now include always-on security monitoring as an additional protective layer beyond Api3's existing curation and oracle security measures.