API3's OEV Solution Could Have Saved Aave $390k in Liquidation Transaction
API3's OEV Solution Could Have Saved Aave $390k in Liquidation Transaction
A liquidation transaction on Aave V3 resulted in a user being liquidated for over $5.6M with a $411k penalty. However, the liquidator only profited $20k as $390k was paid to the block builder to include the transaction. API3's forthcoming OEV solution could have saved Aave up to $390k in this transaction, allowing the funds to be directed to the user, LPs, borrowers, or added to Aave's treasury.
馃毃 OEV Alert! Liquidations are an important part of maintaining protocol health for lending dApps like @aave. Liquidations are a highly competitive market, with liquidators developing specialized bots in a race to capture the liquidation bonus. Transactions like this one below
馃敆 Vyro Finance Joins Api3 Ecosystem
**Vyro Finance** is integrating with the Api3 ecosystem as a CDP (Collateralized Debt Position) protocol. The platform is launching on **Unichain** and will enable users to mint **$vyUSD**, an overcollateralized stablecoin, using the following assets as collateral: - $ETH - $wstETH - $UNI This integration aims to **unlock liquidity** across the broader ecosystem by providing a stable asset backed by multiple collateral types.
Maple Finance Enables SYRUP Collateral for USDC Borrowing on Morpho
**Maple Finance** has launched a new lending feature allowing users to borrow USDC using their $SYRUP tokens as collateral. **Key Details:** - Available exclusively on [Morpho](https://app.morpho.org/ethereum/market/0x729badf297ee9f2f6b3f717b96fd355fc6ec00422284ce1968e76647b258cf44/syrupusdc-usdc) through Kabu USDC - Users can supply SyrupUSDC as collateral while earning approximately 11-12% yield - USDC borrowing rate is around 56% - The mechanism allows for recursive yield farming, generating an additional ~5% yield with each cycle - Curated by Gauntlet and MEV Capital vaults This integration expands utility for SYRUP holders, enabling them to access liquidity without selling their tokens while continuing to earn yield on their collateral.
ONDO Now Accepted as Collateral on Morpho
Morpho has integrated ONDO tokens as collateral, enabling users to borrow USDC against their Ondo Finance positions on Ethereum mainnet. **Key Details:** - ONDO holders can now use their tokens as collateral to borrow USDC - Available on Ethereum mainnet through Morpho's lending protocol - Access the market at [app.morpho.org](https://app.morpho.org/ethereum/market/0x7dea3baf843210ce0a4a9e6374cea47dcd55384fb36d2d701e69b221867b39e5/ondo-usdc) This integration expands borrowing options for real-world asset (RWA) token holders within DeFi.
First EIGEN/USDC Lending Market Launches on Morpho
A new lending market for EIGEN tokens has launched on Morpho's Ethereum mainnet. **Key Details:** - First EIGEN/USDC trading pair now available on the platform - Users can leverage their EIGEN holdings to access liquidity - Market accessible at [app.morpho.org](https://app.morpho.org/ethereum/market/0x6d1dae6238f6f296abb77d9e17a8429132458146bc89d1d2b20516b87a40dee7/eigen-usdc) This addition expands Morpho's lending options, following their recent USDC borrowing incentives on Base and Ethereum mainnet. The platform continues to build out its DeFi lending infrastructure with support for various token pairs.
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).