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.
OEV Network Cuts Arbitrum Auction Times in Half
**OEV Network is reducing auction lengths on Arbitrum from 30 seconds to 15 seconds**, scheduled for Monday, September 8 at 10:00 UTC. The network has maintained **100% uptime over 9+ months** with more than 1,500 auctions completed. The upgrade aims to speed up the auction process while maintaining system reliability. - Auction time: 30s → 15s - Target date: Sept 8, 10:00 UTC - Expected minimal downtime - Updates via OEV Discord Channel OEV Network allows MEV searchers to bid for valuable price updates, with auction proceeds returning to the originating dApps.
API3 Pauses Services on Two Networks Due to Technical Issues
**API3 announces service changes** affecting two major networks: - **Polygon zkEVM Mainnet Beta** will be discontinued by Polygon due to technical challenges and strategic shifts - **Kava Chain** feed maintenance will be paused until demand increases **Action Required:** Developers must **update their integrations by September 11, 2025** to avoid service disruptions. This follows Polygon's previous servicing updates aimed at improving network performance and stability. The zkEVM beta shutdown represents a significant shift in Polygon's technical strategy. *Builders should review their current integrations and plan migration strategies accordingly.*
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.
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.