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.