API3

dAPIs provide a simple and scalable solution for developers who need off-chain data. They serve decentralized data feeds from first-party oracles onchain, aligning with blockchain principles and offering data source transparency.

API3 has identified a potential security risk and has taken immediate action to mitigate it. No funds were lost and no harm occurred. The affected components have been redeployed with a fix and all known affected users have been contacted to switch to the new deployments. Users are advised to update their proxies immediately. API3 is committed to security and transparency and will provide a detailed report once all at risk parties have addressed the concern.

The API3 Market now offers the mETH/ETH Exchange Rate. Mantle Staked Ether ($mETH) is the receipt token of the ETH liquid staking protocol governed by @0xMantle.

API3 community invites you to join an event with BuildOnBase, KaikoData, and fxdxdex on Dec 6 to discuss the data infrastructure of onchain finance.

DeFi projects like Liquity Protocol, Synthetix, and Venus Protocol are starting to embrace oracle diversity by incorporating two or even three oracle models. This is crucial for scaling DeFi as it provides fallback options in case of events that impact users.

The $GNS/USD price feed is now available on the API3 Market, enabling the development of secure DeFi markets using @GainsNetwork_io's native token. Users can start building on-chain products across 16 blockchains using this data feed.

The RIF/USD price feed has been added to the API3 Market, allowing users to build onchain products across 16 blockchains using the RIF native token.

Join our Spaces tomorrow as we discuss the future of onchain finance on Polygon's zkEVM. We will explore the key components needed for a thriving DeFi ecosystem and learn from upcoming dApp developers on zkEVM.

API3 offers over 120 data feeds on 16 networks, with zero middlemen, allowing developers to easily access decentralized and verifiable data. API3's first-party architecture provides transparency and allows smart contracts to consume data directly from reputable sources. dAPIs can be operated on any EVM-compatible blockchain, enabling reliable access to high-quality market data. The API3 Market offers a wide variety of data feeds, including crypto, liquid staking derivatives, forex, equities, and commodities.

API3 will be providing resources and ideas for developers at the ETHGlobal Istanbul Hackathon. They offer dAPIs on the API3 Market, QRNG for generating random numbers onchain, and Airnode to connect API providers directly to the blockchain.