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2026-06-25 06:32 1mo ago
2024-06-04 01:30 2yr ago
API3 spustila Oracle Stack na Mode a Fraxtal
API3 API3 OP Optimism
CoinGecko News 78
Original source text
Table of contents

API3, a pioneer in blockchain oracle solutions, is setting the stage for significant advancements within the Optimism Superchain ecosystem. API3 is crucial in scaling a cryptographically secure on-chain economy that maximizes value for all participants by enhancing data integration and scalability with its innovative Oracle Stack.

Optimism expanded Ethereum’s scalability in the past year by introducing the Superchain thesis. This new framework facilitates growth and adoption by enabling teams to build on the OP Stack and contribute to the OP Collective, which aims to pool revenue to fund public goods and move global adoption forward.

Within the Superchain ecosystem, oracles are indispensable as they provide the necessary data and tooling to scale new chains. API3’s Oracle Stack simplifies data integration, reducing technical barriers and enabling developers to focus more on building their applications and less on dealing with infrastructure challenges.

The API3 Oracle Stack includes decentralized data feeds from the API3 Market, QRNG for generating truly random numbers on-chain, and the OEV Network to recapture protocol MEV. These components are designed to meet the demands of Superchain builders for easy integration and scalability.

API3’s integration with new chains grants them immediate access to secure and decentralized data, which is vital for applications requiring real-time data, such as lending protocols and perpetual exchanges. This streamlining of Oracle services to new networks is critical as it allows developers to move quickly from concept to production without requiring extensive code changes or infrastructure management.

Key Examples and Adoption Base, a prominent example within the Superchain ecosystem, has more than doubled its total active users to over 9 million this year. The Total Value Locked has also tripled since the beginning of the year, crossing over $1.7 billion. Exiled Racers, a project on Base, uses API3’s QRNG to generate random events for their on-chain races. API3 has recently launched its Oracle Stack on Mode and Fraxtal, with Mode amassing over $500 million TVL and a strong DeFi ecosystem. Fraxtal, developed by Frax Finance, has gained early support from prominent DeFi partners and is poised to become a leading network for developing complex financial protocols.

Looking ahead, API3 has announced that they will support World Chain at its launch later this summer. World Chain aims to leverage proof of personhood to offer verified users priority transactions and gas allowances. Protocols on World Chain will be able to utilize API3’s verifiable, decentralized data feeds, which will be integrated with the OEV Network to enhance protocol performance.

AUTHOR

Kester is an experienced freelance content writer. His focus is primarily on blockchain technology and cryptocurrency. One might even refer to him as a "blockchain enthusiast." He has been following advancements in the crypto and blockchain area for several years, researching and writing his insights in the media. In addition to being a skilled content writer, Mushumir is also knowledgeable in SEO and digital marketing. He aspires to succeed as a content creator in the digital realm, dealing with customers in the finance and tech industries to generate traffic through engaging taglines and content. Mushumir enjoys traveling, reading, and playing cricket when he is not writing. He now works as a news and article writer for BlockchainReporter.
2026-06-25 06:32 1mo ago
2024-06-19 20:12 2yr ago
API3 spouští Oracle Stack na Scrollu
API3 API3 SPELL Spell Token
CoinGecko News 78
Original source text
Table of contents

API3’s recent integration with Scroll is setting new standards for data integrity and accessibility. This strategic development not only enhances the functionality of the Scroll Layer 2 solution but also pioneers new mechanisms for data utilization in blockchain applications.

Revolutionizing Data Access in DeFi API3 is well known for its robust oracle solutions, and now it has introduced its high-tech Oracle Stack on Scroll which represents a considerable improvement on how developers can access decentralized data. Using this integration, developers can access API3s decentralized APIs (dAPIs) that will be critical for supporting the next generation of decentralized applications.

This is important because it provides a means for real-world data to be ported to and then fed directly into the blockchain networks that DeFi platforms rely on, in a way that is both secure and non-tamperable.

Simultaneously, the launch introduces the OEV Network, a technological breakthrough for updating oracles in the most efficient manner. The upgrade is concerned with making sure that the fundamental benefits of those updates are not simply siphoned off by arbitrage, but instead returned to the applications that originally built on them, and therefore recapturing MEV associated with these protocols.

Its significance is not just in the technical upgrade, but in the fact that as a global collective, it is moving towards a more sustainable and equitable financial system which minimizes value leakage and protects platform integrity.

API3's Oracle Stack is now available on @Scroll_ZKP 📜

Builders can now leverage:

▲ +180 decentralized data feeds (dAPIs) on the API3 Market
▲ OEV Network to recapture protocol MEV (launching soon!)

Start building today! 🛠️ pic.twitter.com/cXQ46FBQNF

— Api3 (@Api3DAO) June 19, 2024 Scroll’s zero-knowledge proof-based Layer 2 solution provides an Ethereum application platform with scalability and efficiency. On the flip side, incorporating API3’s Oracle Stack into Scroll expands its suite of high-throughput applications, under the backdrop of a highly-secure framework vital for the likes of DeFi operations.

By utilizing API3’s oracles, as a part of Scroll’s infrastructure, applications can provide real-time market data without adding layers to existing architectures with compromising speed, which can be critical for DeFi.

In addition, by leveraging API3’s first-party oracle nodes, operated by data providers themselves, the data not only comes from a decentralized source, but also directly from a dolefully accurate source. This model also eliminates the middlemen we have in traditional data provision that contribute to likely points of failure and thus increase the reliability of the data feeds.

So, Scroll’s integration of API3’s Ethereum-based Oracle Stack represents more than another cog in a decentralized application; it should also spark further ingenuity in the greater DeFi sector. This provides a powerful suite of tools for developers to build richer, more dynamic, and more responsible applications, pushing the boundaries of what is possible with blockchain technology to achieve a more open and inclusive financial system.

As the partnership between API3 and Scroll matures, the potential for new applications and use cases is boundless. Extending beyond simple swapping and trading, the partnership will revolutionize DeFi possibilities from streamlined liquidity management across platforms to complex financial products. 

This is not a simple tech integration, but one step closer to opening up fully autonomous, secure and efficient financial services to everybody, regardless of any geographic or economic line that divides us all.

AUTHOR

Mysterious crypto writer with expertise in blockchain, offering deep insights that captivate and intrigue readers. With a unique ability to uncover hidden insights and trends, Samuel delivers in-depth analysis and thought-provoking content that keeps readers on the edge of their seats. His writing style is engaging and informative, blending technical knowledge with a sense of intrigue, making complex crypto topics accessible to both newcomers and seasoned industry professionals. Samuel’s work continues to capture the attention of the crypto community, solidifying his reputation as a trusted voice in the space.
2026-06-25 06:32 1mo ago
2024-07-09 21:35 2yr ago
API3 spustila OEV Network na mainnetu
API3 API3
CoinGecko News 78
Original source text
Table of contents

API3 has officially launched the OEV (Oracle Extractable Value) Network on its mainnet, a significant addition to the API3 Oracle Stack. This network aims to help lending protocols recapture OEV lost during liquidations, enhancing the efficiency and profitability of these protocols.

The solution to oracle extractable value is here! 🎉

🚀 @OEVNetwork is officially live and integrated with the API3 Oracle Stack.

Every lending protocol, on every API3 supported chain, now has a built-in solution to recapture protocol MEV.

It pays to upgrade your oracle. 🪙 pic.twitter.com/I0rSpTUb6l

— Api3 (@Api3DAO) July 9, 2024 At launch, several protocols, including Orbit Protocol, INIT Capital, and Lendle, were already fully integrated with the OEV Network across multiple blockchain platforms. This integration marks the first Layer 2 solution in which Oracle service providers and searchers collaborate to combat the negative impacts of Oracle extractable value.

The OEV Network introduces a specialized transaction-based auction system for Oracle updates. This system allows searchers to bid for the rights to perform valuable price updates, particularly during liquidations. The proceeds from these auctions are returned to the dApp that generated the value, potentially saving millions in lost revenue annually.

Addressing Inefficiencies Current oracle solutions treat all price updates equally, leading to inefficiencies and lost value. The OEV Network creates a competitive market for price updates, ensuring that the rights to perform these updates go to the highest bidder, thereby recapturing value for the protocols involved.

Lending protocols like Aave and Venus have already paid substantial amounts in liquidation bonuses this year, with Aave V3 disbursing $23.4 million and Venus $5.8 million. These bonuses ensure the protocols’ health and represent significant value leakage to searchers and block builders. The OEV Network offers a solution to recapture some of this lost value.

API3 Strategy Lead Ugur Mersinlioglu highlighted the overpayment issue for liquidation services, noting that searchers give up 99% of the available incentive to block builders due to aggressive competition. The OEV Network shifts this competition from block space to Oracle updates, ensuring the proceeds benefit the dApps generating the value.

The OEV Network addresses off-chain order-flow auctions’ transparency and accountability issues. By providing an on-chain execution environment on Arbitrum Orbit, the network ensures a cheap, fast, and secure bidding process for Oracle updates, marking a significant step towards more transparent and accountable auctions.

API3’s partnership with Arbitrum and Caldera ensures a secure, permissionless, and scalable environment for the OEV Network. Arbitrum Orbit supports the backend infrastructure, guaranteeing execution, uptime, and scalability. The OEV Network operates seamlessly on all data feeds within the API3 Market, leveraging Layer 2 network security to create an efficient market for Oracle updates. This integration not only improves data feed granularity when needed most but also has the potential to recapture millions of dollars each year for lending protocols.

AUTHOR

Kester is an experienced freelance content writer. His focus is primarily on blockchain technology and cryptocurrency. One might even refer to him as a "blockchain enthusiast." He has been following advancements in the crypto and blockchain area for several years, researching and writing his insights in the media. In addition to being a skilled content writer, Mushumir is also knowledgeable in SEO and digital marketing. He aspires to succeed as a content creator in the digital realm, dealing with customers in the finance and tech industries to generate traffic through engaging taglines and content. Mushumir enjoys traveling, reading, and playing cricket when he is not writing. He now works as a news and article writer for BlockchainReporter.
2026-06-25 06:32 1mo ago
2024-07-17 16:40 2yr ago
API3 integruje IronClad Finance pro půjčování na síti Mode
API3 API3
CoinGecko News 78
Original source text
Table of contents

API3, a prominent player in the decentralized oracle network that enables APIs to feed data directly into blockchain smart contracts, has announced a strategic integration with IronClad Finance. This collaboration aims to revolutionize the decentralized lending market on the Mode network, marking a significant advancement in the accessibility and functionality of DeFi (decentralized finance) applications.

IronClad Finance, known for its robust DeFi solutions within the Superchain ecosystem, has adopted the API3 Oracle Stack to enhance its lending services. This integration facilitates a more secure and reliable data flow, crucial for the accuracy and efficiency of financial services on the blockchain. 

IronClad users can now engage in lending activities with enhanced trust and transparency, leveraging the decentralized and self-regulating features of the API3 network.

New Opportunities in Decentralized Finance The partnership introduces several innovative features to the IronClad lending platform. Users can participate either as depositors or borrowers, engaging with the platform to manage their digital assets effectively. By providing liquidity, users have the opportunity to earn passive income, a compelling feature that draws more participants into the DeFi space.

IronClad Finance offers unique borrowing options, including interest-free and variable rate borrowing. This flexibility supports a wide range of financial strategies and user needs, from conservative savers to aggressive traders looking for instant leverage. 

Moreover, the platform features a groundbreaking Collateralized Debt Position (CDP) system, allowing users to leverage their holdings for additional financial activities without the need for traditional credit checks or lending protocols.

AUTHOR

Mysterious crypto writer with expertise in blockchain, offering deep insights that captivate and intrigue readers. With a unique ability to uncover hidden insights and trends, Samuel delivers in-depth analysis and thought-provoking content that keeps readers on the edge of their seats. His writing style is engaging and informative, blending technical knowledge with a sense of intrigue, making complex crypto topics accessible to both newcomers and seasoned industry professionals. Samuel’s work continues to capture the attention of the crypto community, solidifying his reputation as a trusted voice in the space.
2026-06-25 06:32 1mo ago
2024-08-10 02:30 1yr ago
API3 spustila Oracle Stack na Zircuit
API3 API3 ZRC Zircuit
CoinGecko News 78
Original source text
Table of contents

API3’s Oracle Stack is now available on Zircuit to advance the capabilities of the decentralized applications.  API3’s Oracle Stake shares this strategic launch on Zircuit through its official X account. Through this launch, API3’s Oracle Stack will enable the developers to use a powerful toolset to develop advanced decentralized applications (dApps).

API3's Oracle Stack is now available on @ZircuitL2!

Builders can now leverage:

▲ +160 decentralized data feeds (dAPIs) on the API3 Market
▲ OEV Network to recapture protocol MEV

Start building out the DeFi ecosystem on Zircuit today! 🛠️ pic.twitter.com/gypAGy356V

— Api3 (@Api3DAO) August 9, 2024 APi3’s Oracle Stack is a decentralized platform best known for its transparent, secure, and reliable data feeds to smart contracts. On the other hand, Zircuit is a no-code digital platform developed to create and deploy decentralized applications (dApps) on the Layer2 blockchain networks. Utilizing their key features, both API3’s Oracle Stack and Zircuit will collaborate to advance the capabilities of dApps.

Developers To Build DeFi Ecosystem on Zircuit APi3’s Oracle Stack launch on Zircuit will make it convenient for the developers to build their DeFi ecosystem on Zircuit. Developers can leverage 160 plus transparent and secure decentralized data feeds for their projects available on the API3 market. Additionally, OEV Network is also integrated which allows users to protocol MEV to enhance the efficiency of their DeFi operations.

Zircuit Builders Can Visit API3 Market to Utilize dAPIs This launch makes it easy for Zircuit builders the utilization of dAPIs easily available and accessible in the API3 market. API3 market suits best the needs of the builder as it offers an easy way to access, browse, and manage the wide range of data feeds related to major crypto assets, stablecoins, and LST/LRTs.   

AUTHOR

Dan is a seasoned wordsmith known for his sharp editorial insight, meticulous attention to detail, and passion for compelling storytelling.
2026-06-25 06:32 1mo ago
2024-09-17 23:00 1yr ago
API3 a Coin Metrics posilují cenové feedy pro DeFi
API3 API3
CoinGecko News 78
Original source text
Table of contents

API3, a prominent platform providing decentralized data, has disclosed an important partnership with Coin Metrics, a well-known entity in crypto-related financial intelligence. The respective collaboration focuses on fortifying the decentralized data feeds of API3, especially for liquid staking reward tokens and liquid staking tokens. The platform took to its official X account to reveal this development.

We’re excited to welcome @coinmetrics to API3’s network of data providers!

As a leading provider of transparent, high-quality crypto asset market data, Coin Metrics brings their CM Reference Rates to our ecosystem, enabling precise, real-time price data for LSTs/LRTs.

This… pic.twitter.com/q469XBGRGc

— Api3 (@Api3DAO) September 17, 2024 API3 and Coin Metrics to Partner to Revolutionize Data Feeds Concerning Liquid Staking Coins In an exclusive X post, API3 noted that this partnership permits Coin Metrics to provide verifiable cryptocurrency market data. This data powers the latest and advanced Defi protocols. Coin Metrics emerged back in 2017. Now it has turned into a trusted company providing secure, accurate, and transparent data concerning the crypto market. They reportedly deliver a couple of chief pricing data types. They include CM Principal Market Prices and CM Reference Rates.

Coin Metrics, while covering more than 1,000 prominent crypto assets, sources the respective data from a cautiously curated group of markets. In addition to this, it utilizes strict methodologies to guarantee reliability and accuracy. With low-latency APIs, the data thereof rapidly reaches consumers. This makes it a preferred choice for decentralized finance protocols depending on precise and up-to-date asset valuations.

The integration between API3 and Coin Metrics will potentially benefit from the CM Reference Rates. They are responsible for aggregating exclusive pricing data from around the crypto sector. This partnership improves the ability of API3 to offer decentralized price feeds regarding LSTs. This guarantees that DeFi protocols can access precise data that plays a crucial role in streamlined operations.

The Endeavor Will Assist in Restructuring Price Feeds to Fulfill the New Demands The initiative will play a crucial role in restructuring price feeds to better accommodate these tokens, enhancing their integration and usability across various platforms. According to API3, this development will create a more efficient and scalable solution, paving the way for protocols to meet the increasing demands that arise from a competitive Layer 2 (L2) environment. As blockchain technology continues to evolve, this restructuring is expected to be particularly vital in supporting the market’s transition toward a more rollup-centric future.

AUTHOR

Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
2026-06-25 06:32 1mo ago
2025-08-19 09:23 11mo ago
API3 po zalistování na Upbit vyskočil na 8měsíční maximum
API3 API3 LINK Chainlink RLY Rally USDT Tether
CoinGecko News 86
Original source text
The cryptocurrency Api3 (API3) reached an 8-month high today after Upbit, South Korea’s largest digital asset exchange, announced its listing.

The triple-digit price surge has also made API3 the top daily gainer on CoinGecko. Additionally, the announcement has sparked significant interest, propelling the token to the top of trending coins in the market.

Upbit Listing Triggers API3 Rally For context, API3 is a decentralized oracle network that connects decentralized applications (dApps) with real-world data using first-party oracles. In contrast to traditional oracle solutions, which rely on third-party intermediaries, API3 empowers API providers to run their own oracles, enhancing data authenticity and reducing trust-related issues.

The coin is already available on several major exchanges, including Binance, Coinbase, OKX, and more. Now, it has made its debut on Upbit.

API3 went live for trading at 17:00 Korean Standard Time (KST) on August 19. The exchange informed users that the token is available to trade against two pairs: Korean Won (KRW) and Tether (USDT).

“Please ensure you check the network before depositing the digital asset. Deposits and withdrawals made through networks other than the specified network will not be supported,” the notice read.

After the initial listing announcement, API3 surged by 121.43% from $0.84 to $1.86. The latter level was last seen in December 2024. At the time of writing, the price adjusted to $1.77, retaining gains of 112.5%.

Furthermore, the market capitalization also doubled from nearly $100 million to over $200 million at press time. The pump in market value has pushed API3 to become the 3rd largest oracle coin by market cap, trailing only behind Chainlink (LINK) and Pyth Network (PYTH).

API3 Price Performance Post Upbit Listing. Source: TradingViewThe price surge was accompanied by a massive rise in volume as trading began. The daily trading volume increased 409.6%, reaching $473 million. Importantly, much of this came from Upbit.

CoinGecko data showed that the South Korean exchange dominated 24.58% ( $118 million) of the volume, with trading only beginning just a few hours ago.

Meanwhile, the market reaction is typical for coins securing Upbit’s support. The exchange, which commands the highest trading volume in South Korea, has a history of influencing market performance through its listings. This pattern is seen with other tokens that experienced significant price movements following similar announcements.