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API3 Enters Into a Strategic Partnership with Caldera

Twitter icon  •  Published 6 months ago on July 8, 2024  •  Hassan Maishera

The AP13 team announced via X on Friday that it has entered into a strategic partnership with Caldera for the build and imminent launch of the OEV Network infrastructure.

API3 Enters Into a Strategic Partnership with Caldera

The AP13 team announced via X on Friday that it has entered into a strategic partnership with Caldera for the build and imminent launch of the OEV Network infrastructure.

Caldera is a leading Rollup-as-a-Service provider and plays a pivotal role in deploying and operating the OEV Network using Arbitrum Orbit. The partnership between API3 and Caldera ensures that the OEV Network will become the go-to onchain solution for recapturing protocol MEV for lending protocols.

API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is currently trading at $1.721, down by 2% in the last 24 hours.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.