API3 Market Expands with New Data Feeds
API3 Market Expands with New Data Feeds
🔥 New Feeds Unleashed
API3 has announced the availability of several new data feeds on its decentralized oracle market, enabling developers to build on-chain products across multiple blockchains. The latest additions include exchange rates for staked and synthetic assets like sUSDe/USDe, sDAI/DAI, sAVAX/AVAX, and ezETH/ETH, as well as price feeds for stablecoins such as LUSD, FRAX, GHO, crvUSD, and USDY. Other notable listings include the DYM/USD price feed for the Dymension ecosystem token, the apxETH/pxETH exchange rate for Redacted Cartel's auto-compounding vault, the TIA/USD price feed for Celestia's data availability network token, and the rsETH/ETH exchange rate for Stader's liquid restaking token.
The sDAI/DAI Exchange Rate is now available on the API3 Market. $sDAI allows users on @sparkdotfi to deposit DAI to receive the yield generated by @MakerDAO protocol while still being able to participate in DeFi activities like staking or lending. Start using this new data feed
The FRAX/USD price feed is now available on the API3 Market. $FRAX is a fully collateralized USD-pegged stablecoin governed by @fraxfinance. Start using this new data feed to build onchain products across 17 blockchains today. 🛠️
The rswETH/ETH Exchange Rate is now available on the API3 Market. $rswETH is the native LRT @swellnetworkio, offering users staking rewards while retaining liquidity & the ability to participate in DeFi. Start using this new data feed to build onchain products across 17
The crvUSD/USD price feed is now available on the API3 Market. $crvUSD is a native collateralized-debt-position (CDP) stablecoin based on @CurveFinance Lending-Liquidating AMM Algorithm. Start using this new data feed to build onchain products across 17 blockchains today. 🛠️
The ezETH/ETH Exchange Rate is now available on the API3 Market. $ezETH is the liquid restaking token offering user’s rewards on their staked ETH or LSTs @RenzoProtocol. Start using this new data feed to build onchain products across 17 blockchains today. 🛠️
The rsETH/ETH Exchange Rate is now available on the API3 Market. $rsETH is a LRT powered by @staderlabs that offers liquidity to illiquid assets deposited in restaking platforms. Start using this new data feed to build onchain products across 16 blockchains today.
The LUSD/USD price feed is now available on the API3 Market. $LUSD is the native decentralized stablecoin of @LiquityProtocol. Start using this new data feed to build onchain products across 17 blockchains today. 🛠️
The DYM/USD price feed is now available on the API3 Market. $DYM is the native governance token that powers the @dymension ecosystem. Start using this new data feed to build onchain products across 16 blockchains today.
The sAVAX/AVAX Exchange Rate is now available on the API3 Market. $sAVAX is the liquid staking token users receive for staking their AVAX on @BenqiFinance. Start using this new data feed to build onchain products across 17 blockchains today. 🛠️
The sUSDe/USDe Exchange Rate is now available on the API3 Market. $sUSDe is the staked version of USDe, allowing depositors to generate yield on the synthetic dollar by @ethena_labs. Start using this new data feed to build onchain products across 17 blockchains today. 🛠️
The apxETH/pxETH Exchange Rate is now available on the API3 Market. $apxETH is the vault share token that users receive when they deposit pxETH into the auto-compounding rewards vault by @redactedcartel. Start using this new data feed to build onchain products across 16
The TIA/USD price feed is now available on the API3 Market. $TIA is the native token of @CelestiaOrg’s modular data availability network. Start using this new data feed to build onchain products across 16 blockchains today.
The USDY/USD Exchange Rate is now available on the API3 Market. $USDY is the premier tokenized US Treasuries product by @OndoFinance that acts as an alternative to stablecoins. Start using this new data feed to build on-chain products across 16 blockchains today.
YeiFinance Launches on Injective EVM with API3 Oracle Integration
**YeiFinance has officially launched on Injective EVM**, integrating API3's first-party oracles with OEV (Oracle Extractable Value) capabilities. - Builders can now access **real-time data feeds** through API3's oracle infrastructure - The integration provides **secure and transparent** data delivery directly from source - API3 served as a **launch partner** for Injective EVM mainnet This deployment enables developers to leverage advanced oracle functionality including OEV capture mechanisms. The partnership represents API3's continued expansion across EVM-compatible networks. Developers can access the data feeds at [market.api3.org/injective](http://market.api3.org/injective).
New DeFi Infrastructure Proposes Single Entity for Chain Money Markets
A new DeFi concept is emerging that could **simplify blockchain infrastructure** by consolidating multiple services into one entity. Currently, blockchain networks must interact separately with: - Lending protocols - Oracle services - Curator networks The proposed solution would allow chains to access **complete money market functionality** through a single provider with aligned incentives. This approach aims to reduce complexity while maintaining the **"skin in the game"** principle - ensuring the service provider has financial stake in successful outcomes. The concept addresses a key pain point in current DeFi architecture where fragmented services can create operational overhead and potential failure points. *Key benefit: Streamlined access to essential DeFi services without sacrificing decentralization principles.*
Morpho's OEV-Boosted Vaults Hit $30M in Deposits
**Morpho's OEV-Boosted Vaults** have reached over **$30 million in deposits**, focusing on sustainable yield generation through blue-chip collateral. Key features: - **Blue-chip collateral only** for reduced risk - **Liquidation incentive recapture** boosts returns - **Real yield** without unsustainable mechanisms The vault emphasizes **principal protection** over high-risk yield farming strategies. Growth from $20M+ in October shows steady adoption of the conservative approach. [Access the vault](https://app.morpho.org/ethereum/vault/0x68Aea7b82Df6CcdF76235D46445Ed83f85F845A3/oev-boosted-usdc)
RLP/USD Oracle Feed Goes Live on API3
**RLP token now has live price feeds** through API3 oracles, providing transparent multi-source pricing across 40+ blockchain networks. **Key details:** - RLP serves as the risk-bearing layer for USR stablecoin - Token holders earn yield by absorbing systemic risk - Available on [API3 Market](https://market.api3.org) This follows the earlier launch of RESOLV/USD feeds in July, expanding Resolv Labs' oracle infrastructure for their DeFi ecosystem.
Morpho Labs and Yearn Finance OEV-Boosted Vault Update
Morpho Labs and Yearn Finance continue their collaboration on OEV (Maximal Extractable Value) recapture through their joint vault initiative. The OEV-Boosted USDC vault has shown significant growth since its launch, surpassing $10M in deposits. Key points: - Partnership focuses on returning value to users - Vault specifically designed for USDC deposits - Plans include expansion to additional markets and chains - Aims to provide sustainable yield opportunities Visit [Morpho's OEV-Boosted Vault](https://app.morpho.org/ethereum/vault/0x68Aea7b82Df6CcdF76235D46445Ed83f85F845A3/oev-boosted-usdc) to learn more.