API3 Integration with INIT on Blast L2
API3 Integration with INIT on Blast L2
INIT has integrated with API3 on Blast L2, utilizing API3's dAPIs for the Liquidity Hook Money Market. API3's verifiable, decentralized data feeds ensure accurate asset prices on INIT. Blast L2 now offers access to over 140 decentralized data feeds, including a QRNG for random numbers and an upcoming OEV Network launch for MEV recapture. Developers on Blast L2 can easily access and integrate these data feeds from the API3 Market. Join the community to build with a secure and scalable approach to on-chain real-world data.
API3's verifiable, decentralized data feeds are now available on @Blast_L2, with the full oracle stack being deployed to give builders access to: ▲ +140 decentralized data feeds (dAPIs) ▲ QRNG for truly random numbers ▲ OEV Network to recapture protocol MEV (launching soon!)
We've just launched new data feeds on @Blast_L2. 💥 Builders on Blast can simply read any data feed: ▲ No need to push your own prices ▲ No gas costs ▲ Built to scale Now live on the API3 Market. #StraightFromTheSource
Sonic DeFi Workshop #3(a): Deploy Your Own Aave Fork
Sonic Labs is hosting Workshop #3(a) focused on deploying Aave forks with Oracle Extractable Value (OEV) integration. Key Details: - **Hosts**: billyjitsu_ from Api3 and 0xseg from Sonic - **Topic**: Step-by-step guide to fork Aave and integrate OEV oracles - **Date**: June 20 - **Time**: 15:00 UTC - **Platform**: Live stream on X (formerly Twitter) This technical workshop will demonstrate how to launch your own lending protocol based on Aave's architecture while making it OEV-ready. [Join the livestream](https://twitter.com/SonicLabs)
OEV-Boosted Morpho Markets Launch with API3 and Yearn
Morpho Labs introduces enhanced lending markets that capture and redistribute liquidation value back to market users. This new system, called OEV-Boosted Morpho Markets, is built through a collaboration between Morpho Labs, Yearn Finance, and API3. Recent market activity demonstrated the potential, with $19M in liquidations on Morpho Labs. A successful test on a tBTC/USDC lending market showed effective OEV capture. Key features: - Liquidation value retained within markets - Automated yield boosting - Integration with Yearn's curation - Powered by API3's infrastructure [Learn more about OEV-Boosted Markets](https://blog.api3.org/introducing-oev-boosted-morpho-markets/)
OEV Network Revolutionizes Oracle Updates and L2 Performance
OEV (Oracle Extractable Value) Network is transforming how oracle updates and liquidations work on L2s: - Eliminates block-level spam during oracle updates and liquidations - Creates an efficient market for oracle updates where searchers can bid for valuable updates - Moves data competition off-chain, improving L2 performance - Replaces probabilistic arms races with definitive outcomes - Allows searchers to update prices at optimal times The system addresses data feed granularity issues while making the entire process more efficient and predictable.
ETHPrague Conference to Address DeFi Value Recapture Through OEV
The upcoming ETHPrague conference (May 27-29) will feature discussions on Optimistic Execution Value (OEV) in DeFi protocols. The event aims to educate developers and protocol owners about: - Methods to recapture value currently being lost in DeFi operations - Implementation strategies for OEV integration - Revenue enhancement opportunities for protocols The conference follows a successful presentation at ETH Bratislava, where similar topics were explored. Attendees can find representatives for detailed discussions by looking for Api3-branded participants.
Oracle Migration Guide: Earn Rewards and Enhance Security
A new migration guide helps lending protocols transition from Chainlink to API3, offering multiple benefits: - Earn revenue through Oracle Extractable Value (OEV) Rewards - Enhance security with multi-oracle support - Seamless upgrade process that maintains system stability The guide comes as lending protocols increasingly recognize untapped revenue potential in oracle services. @MetisDevs workshop provides implementation support for protocols looking to upgrade their oracle infrastructure.