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.
Sonic DeFi Workshop #3(a) Replay: Deploying Aave Fork with OEV Integration
The replay of Sonic's DeFi Workshop #3(a) is now available, featuring @billyjitsu_ from Api3 and @0xseg from Sonic Labs. The workshop covers: - Step-by-step guide to deploying an Aave fork - Integration process for Oracle Extractable Value (OEV) - Setting up OEV-ready oracles for lending platforms The session focuses on practical implementation, helping developers create their own lending markets with advanced oracle capabilities. *Watch the full workshop replay on X via [@SonicLabs](https://twitter.com/SonicLabs)*
API3 to Showcase Oracle Evolution at EthCC
API3 will demonstrate how oracles can become revenue-generating infrastructure at EthCC in Cannes, France (June 30 - July 3). The team will showcase their **Optimistic Evolution Value (OEV) Network**, which enables protocols to capture value from their oracle usage. Key points: - Protocols can monetize their oracle infrastructure - Direct value capture from data provision - Built-in solution for recapturing OEV Visit the API3 booth to learn how this approach helps dApps thrive in competitive markets.
Yearn and API3 Launch OEV-Boosted Morpho Markets
Yearn Finance has launched new OEV-Boosted USDC vaults built on Morpho Labs and powered by API3 oracles. The innovation captures value from liquidations and returns it to vault depositors, rather than losing it to validator bidding wars. Key features: - Improved yields through Oracle Extractable Value (OEV) redistribution - Exclusive use of API3 oracles for price feeds - Value captured during market volatility periods - Automated liquidation process The system works by obscuring oracle data and auctioning it to liquidators, shifting value capture from validators to the protocol. This creates a more efficient market with better returns for users. [Learn more about OEV-Boosted Vaults](https://forum.morpho.org/t/new-oev-boosted-vaults-by-yearn-api3/1833)
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.