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. 🪙
Just over a year ago, we introduced how dApps are leaking millions of dollars a year due to OEV.
Today, we are introducing the solution to recapture that value.
OEV Network is a zk-Rollup that captures OEV for all dApps across all chains.
Powered by
@0xPolygonLabs
CDK.
Today we are proud to officially announce the API3 Alliance - a collective of 125+ API providers making their services available to Web3 via Airnode.
#API3Alliance
#Web3
#FirstPartyOracles
Managed dAPIs have officially launched on the API3 Market.
DeFi protocols now have a more secure push oracle solution with multi-source, decentralized data feeds powered by first-party oracles.
120+ data feeds
on 11 networks
with 0 middlemen
#StraightFromTheSource
🧵1/8
We are happy to announce our integration and partnership with
@Plasm_Network
, providing developers on their platform with access to truly decentralized data with quantifiable security.
Today, we are incredibly thrilled to announce our ten-year development partnership with
@OpenBankProject
, the leading Open API middleware provider for the banking industry, and a global pioneer in the area of open banking.
API3's
#QRNG
Quantum Random Number Generator is now live!
It's the first true random number generator for smart contracts, using a first-party oracle hosted by
@ourANU
's Quantum Optics Group.
dApps on 13 networks can now access it free-of-charge.
👇
We just blasted off to $1 BILLION TVS. 🎉
That's 10x in less than 100 days.
API3 is redefining the oracle landscape with our developer-first approach.
Our first-party oracle architecture is built for a rollup-centric future, with swift horizontal expansion to new chains
Announcing the API3 integration with
@moonbeamnetwork
, making Airnode-enabled APIs available to developers on Moonbeam, helping improve off-chain data availability for the Polkadot ecosystem
API3 is happy to announce a partnership with Oasis Foundation, who are building the
@OasisProtocol
, a privacy-enabling blockchain.
API3 and the Oasis Foundation will also co-sponsor a grant to develop and audit a Rust version of Airnode.
API3 is:
Solving the API-Connectivity Problem.
► First-Party Oracles
► Insured Data Feeds
► DAO Governance
Cost-efficient.
Quantifiably secure.
Robust & flexible.
Expanding the applicability of the blockchain
without sacrificing decentralization ◬
Announcing API3's partnership with
@litentry
to provide cross-chain aggregated identity data to decentralized applications on multiple smart contract platforms
We are excited to work with members in the
@EntEthAlliance
to realize new, data-driven blockchain use cases, as well as develop standards for API-connectivity in enterprise blockchain, based on best practices, synergies and creativity.
We are excited to share our partnership with
@0xPolygonLabs
for the launch of OEV Network.
Building on Polygon CDK allows for an onchain order flow auction for oracle updates, with the security of a zk-Rollup.
🤝 Great team
⛓️ Great tech
Together, we're solving OEV.
+1 to the list of chains building with Polygon CDK
Welcoming OEV Network: the ZK-rollup to capture all oracle extractable value (OEV).
Developed by
@API3DAO
, the dedicated Polygon CDK chain will enable dApps and their users to benefit from the value generated from oracle’s
To support
@Arbitrum
’s mission of scaling the Ethereum network and pushing the boundaries of the Web3 ecosystem, over 100 first-party data feeds are now easily accessible through the API3 market as self-funded dAPIs.
🧵1/7
1/ Knit Finance Partners With
@API3DAO
to Expand the Scope of Multi-chain Assets using on data feeds🔥
Through this partnership, Knit Finance users will have access to a broad range of information pertaining to real-world tradable assets.
🌐 Read more:
Excited to announce our partnership with
@SovrynBTC
and participation in the
#Sovrython
, where up to $150k is available as grants and bounties for projects using or improving API3's technology
We are pleased to announce our partnership with
@wootraderS
. Wootrade will use Airnode to provide price reference data, and to create a transparent, immutable trade information record that allows traders to prove their trading history.
Today, we are happy to publish our partnership and token swap with
@POKTnetwork
. Pocket Network's decentralized blockchain infrastructure protocol will enable Airnodes to interact with smart contract platforms without any decentralization bottlenecks.
API3's Oracle Stack is live on
@lukso_io
!
Builders can now power the creative economy with:
▲ +180 decentralized data feeds (dAPIs) on the API3 Market
▲ OEV Network to recapture protocol MEV (launching soon!)
Start building today! 🛠️
We're thrilled to announce a successful strategic treasury diversification round, securing $4M in USDC.
The round was led by
@DWFLabs
, with key investments from
@TheSpartanGroup
,
@LaserDigital_
, &
@caladanxyz
.
This capital injection will propel us toward our mission to
We are excited to announce our partnership with
@GlitchProtocol
, connecting Glitch's scalable
#DeFi
platform to the highly reliable, transparent, and decentralized price reference data it needs.
Great news! API3's Oracle Stack is live on
@Coredao_Org
🔶
Bitcoin-aligned builders can now leverage:
▲ +180 decentralized data feeds (dAPIs) on the API3 Market
▲ OEV Network to recapture protocol MEV (launching soon!)
Start building today! 🛠️
We are happy to announce our partnership with
@_birdmoney
, providing their Trust Score data over an Airnode, and price dAPIs for the next version of the lending platform.
We are eager to see what developers will build using Airnode-enabled APIs and
@maticnetwork
's cutting-edge Layer-2 technology.
Hackathon participants will be able to use crypto, traditional markets, commodities and sports data.
We are happy to share that API3 QRNG is now available on
@BuildOnBase
Mainnet, providing true random numbers to anyone in the ecosystem.
Get started now:
Announcing our partnership with
@dafiprotocol
to allow projects to issue synthetic versions of their own tokens, with API3's data being used to control the token emission -
We are incredibly excited to announce that the authoritative API3 DAO with staking is now officially live on
#Ethereum
mainnet! Read our blog post to learn how to stake your API3 tokens and gain a voting share in the API3 DAO.
The CORE/USD price feed is now available on the API3 Market. ⟁
$CORE is the native utility and governance token of
@Coredao_Org
🔶
Start using this new data feed to build out the Bitcoin Layer 2 ecosystem across 35 blockchains today.
The uniETH/ETH Exchange Rate is now available on the API3 Market.
$uniETH is the transparent and secure liquid staking token by
@Bedrock_DeFi
.
Start using this new data feed to build on-chain products across 16 blockchains today.
We are very excited to partner with
@allianceblock
in developing their trustless KYC product, and connecting enterprise API data to on-chain applications.
El Salvador’s state-owned Banco Hipotecario,
@BHElSalvador
, started working with four crypto companies to boost financial inclusion with bitcoin.
@andresengler
reports
Serious problems need serious solutions.
Lending protocols are leaking millions of dollars annually due to OEV.
OEV Network is an onchain solution for dApps to capture that value.
For every dApp. On every chain.
Here’s why we built it on
@0xPolygonLabs
CDK.
🧵👇
► Read about the Airnode release plans
► the audit of the interim version
► the audit schedule that will lead to the Authoritative DAO/staking launch
and more in the February dev update below!
We're proud to announce our partnership and integration with
@Milkomeda_com
!
Milkomeda
#dApp
developers will be able to easily access data from all API providers belonging to
#API3Alliance
, the largest selection of data providers in
#Web3
.
👇
We've just hit $500M TVS! 💥
We have entered the exponential era of adoption for API3's oracle stack.
This is a 25X increase from January.
Are you strapped in?
Thanks to our partnership with
@0Chain
, dApp developers will have access to high-performing, regulatory compliant storage, live data storage prices, and more.
The API3 Ecosystem has been steadily growing since the launch of decentralized data feeds (dAPIs) last fall.
Over the past two quarters we’ve deployed the API3 oracle stack to 16 chains and onboarded over a dozen dApps.
Builders currently use the API3 oracle stack for:
▲
"API3 will expand the applicability of the blockchain without sacrificing decentralization.
This will be achieved via dAPIs — fully decentralized and blockchain-native APIs — which will be set up, managed, and monetized at scale by the API3 DAO."
Unfortunately we are required to postpone our hackathon with Matic, originally planned to take place during EthPunk 2021 / ETHIndia Online, between Jan 22nd to Feb 20th. More details in the linked blog post.
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. 🛠️
Announcing API3's partnership with
@cellframenet
to enable the creation of quantum resistant, scalable decentralized applications using real world data
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.
Avalanche has built a thriving onchain ecosystem and has recently announced they are doubling down on asset tokenization and payments.
What does this move mean for the ecosystem and how can API3 support its growth and development?
Let's dive in👇
Through the utilization of Airnode, API3 will enable
@bigdataprotocol
's network of thousands of professional data providers to extend their services to Web 3.0 use cases.
ANNOUNCEMENT: we are partnering with
@API3DAO
to intro our network of 14K professional data providers to API3's Airnode
ANNOUNCMENT: we are launching BDP Oracle Market to connect $BDP's professional data providers with oracles and crypto dapp projects
The
#oracle
problem is a 3 body problem:
► data source
► oracle
► on-chain data consumer
Existing solutions model their ecosystem solely consisting of: oracles & data consumers...
while ignoring where the data originates from ◬
We just hit $100M TVS!
Developers are discovering the utility of API3's oracle stack, with steady adoption leading to vertical growth.
And we're just getting started.
With OEV Network rolling out soon, we are gearing up for L2 summer.😎
We are happy to announce that
@coingecko
is joining our growing network of data providers powering our verifiable, decentralized data feeds (dAPIs).
CoinGecko is one of the most reliable & comprehensive cryptocurrency data providers for traders & developers.
#BuildwithCoinGecko
API3 is pleased to share that first-party oracles will be accessible on the Polygon zkEVM scaling solution soon after launch.
zkEVM dApps will have access to 100+ first-party crypto and forex data feed services, accelerating the adoption of the DeFi ecosystem.
The
@OasisProtocol
is going to join our upcoming bi-weekly communtiy call on Thursday.
If you have any questions, feel free to ask us during the session or drop a comment below 👇
Excited to partner with
@enyaai
to provide developers on
#Bobanetwork
🧋 with access to over 125 different first-party data sources, and DAO-governed data feeds (dAPIs)
Our newest partner
@deficliq
will use API3's first-party oracles and dAPIs to provide their users with reliable access to real-world data directly from Airnode-enabled APIs.
We are extremely proud and thrilled to announce our official partnership with
@API3DAO
.
With this collaboration, we aim to receive access to API3's airnode-enabled APIs as well as dAPIs.
$CLIQ $API3
API3
#Airnode
is now available on
#Telos
network!
@HelloTelos
has self-deployed Airnode onto their testnet, enabling Telos dApps to access real-world data via 180+
#Web3
APIs.
👇
Since the authoritative DAO launch 24 hour ago, a total of 4.7 Million API3 tokens have been staked.
Please make sure to check out our tutorial series, if you have any questions regarding the authoritative DAO:
API3 aims to solve the API connectivity problem for all smart contract platforms and use cases. This requires its operations to scale massively. In this post, we propose a blueprint for this and discuss the tokenomic implications.
There’s been a lot of confusion about oracle extractable value (OEV) this week.
We pioneered the concept to recapture OEV in our 2022 litepaper and have been leading the way in finding the best solution ever since.
Here’s a short thread to understand the basics:
🧵👇
#API3
is an effort to simplify and commoditize Web3 oracle infrastructure -
it connects API providers who want to serve Web3 & dApp devs who require off-chain data.
With
#Airnode
first-party oracles, these API providers serve Web3 directly instead of via third-party resellers.
It’s time to start recapturing OEV.
With a solution for every dApp, on every chain.
Simply read any data feed and start earning.
Yes, it can be that easy.
Introducing our new series "Redefining Trust" ▲
We examine industry use cases where costly inefficiency & risk can be mitigated using data-rich smart contracts.
Our 1st installment looks at the high-value high-friction world of aviation finance.
In March, API3 will begin phase 1 of dAPI (data feed) rollout whereby 100+ dAPIs serving Cryptocurrency and Forex data feeds will be accessible in a fully self-serve & permissionless format on 10 different networks. These are known as self-funded dAPIs.
Get ready for the
@avax
effect! Join us for a Spaces on January 31 with the growing ecosystem of dApps.
Discover how data, oracles, and DeFi converge, and learn about the latest in subnet scaling and app chains.
Plus, see how dApps can leverage OEV Network to capture MEV.
API3 is pleased to announce a partnership with
@CUDOS_
, a decentralized cloud computing network and Layer 2 solution.
Developers on the Cudos network will be able to natively leverage API3’s data providers via Airnode-enabled APIs and dAPIs (data feeds).
Announcing the partnership with
@ShieldFinance
, a DeFi insurance aggregator, to provide the API3 DAO and community with insurance to hedge against market risks
API3 is working on new video material to highlight the project as well as provide easy to digest educational material. Subscribe to our Youtube channel to catch the latest videos.
API3's managed dAPIs are now available on
@BuildOnBase
Developers on Base can now utilize over 120 verifiable, decentralized data feeds straight from the source.
🧵1/9
The term «API» no longer solely refers to the technical implementation of an interface — but often to a full-fledged product that includes the service it wraps ◬