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 @sparkfinance 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 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 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.
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.