logo

1 year ago

API3 launches new oracle solutions for DeFi efficiency

API3
DeFi
Oracle
Video version coming soon
API3 launches new oracle solutions for DeFi efficiency

API3 Enhances DeFi Efficiency with New Oracle Solutions

API3 has introduced a new generation of oracle solutions aimed at improving the speed, efficiency, and sustainability of decentralized finance (DeFi). The company's focus is on enhancing the infrastructure behind DeFi to ensure long-term growth and better performance for developers.

The new Oracle Stack addresses common DeFi issues, including Miner Extractable Value, and works across multiple blockchain networks. This innovation comes as API3 recently surpassed $1 billion in Total Value Secured, demonstrating significant growth in the sector.

This new solution helps developers get the data they need and reclaim value lost during data processing. By using API3's oracle, developers can boost their protocol's performance, drive growth, and reduce fees.

  • API3 unveils new solutions to enhance DeFi speed, efficiency, and sustainability.
  • The Oracle Stack addresses Miner Extractable Value issues in DeFi transactions.
  • API3 surpassed $1 billion in Total Value Secured, marking significant growth.
  • New solution helps developers reclaim value lost during data processing.
  • API3 offers over 160 data feeds across 37 networks for improved DeFi integration.
Explore more articles like this

Subscribe to the Crypto Redefined newsletter

A weekly toolkit that breaks down the latest DeFi developments, offers sharp analysis, and uncovers new financial opportunities to help you make smart decisions with confidence. Delivered every Friday

logo

thisTLDR

BTCDeFiSEC