API3

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.

Morpho vaults now integrate **Hypernative's real-time threat detection** to protect capital that captures OEV (Oracle Extractable Value) instead of losing it to MEV bots. **Key Protection Layers:** - 24/7 monitoring infrastructure - Proactive threat detection via Hypernative - Defense-in-depth approach for vault security **Vault Performance:** - $30M+ in deposits - Blue-chip collateral only - Yield boosted by recapturing liquidation incentives The integration adds another security layer over capital in OEV-Boosted Morpho Vaults, which route oracle extractable value back to depositors rather than external bots.

Api3 has integrated its vaults with Superform, making them accessible through the platform starting today. **What This Means:** - Users can now access Api3 vaults directly through [Superform](https://superform.xyz) - This integration expands the range of vault options available on the Superform platform - Api3 joins other protocols like Euler Finance in offering vaults through Superform Api3 specializes in providing verifiable, decentralized data feeds directly from source.

An oracle project completely eliminated its authority over data sources and governance mechanisms in May 2026. **Key Changes:** - Removed ability to modify data sources - Eliminated upgradable proxies that could change protocol rules - Stripped all centralized control points **Market Response:** Demand dropped to exactly zero following the changes. **Context:** Previously, the oracle's primary function wasn't data provision—it was risk management. In over 90% of cases, the team advised projects against risky implementations, essentially acting as gatekeepers. The experiment reveals a tension in decentralized infrastructure: users may prefer trusted intermediaries over fully autonomous systems, even when decentralization is the stated goal.

Morpho has reduced borrow rates on its MORPHO/USDC market, creating a unique situation where users are **paid to borrow USDC** when using MORPHO tokens as collateral. **Key Details:** - Users can now borrow USDC against their MORPHO holdings at reduced rates - The rate reduction makes borrowing costs negative, effectively paying borrowers - This follows the March launch of borrowing incentives for MORPHO holders **How It Works:** MORPHO token holders can deposit their tokens as collateral and borrow USDC at favorable rates. The incentive structure currently offsets borrowing costs, resulting in net positive returns for borrowers. Access the market: [Morpho USDC Market](https://app.morpho.org/ethereum/market/0x6d95bf5fad1b0427205ee2b595f80b52e22394173de0832efa79fde88abb8525/morpho-usdc)

**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.

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.

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 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).

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.*