On Friday, the API3 team announced via X that MachFi has joined the API3 ecosystem. MachFi, a non-custodial lending & borrowing protocol on Sonic, is revolutionizing DeFi with its permissionless access and 1-Click-Leverage.
MachFi offers a seamless, permissionless lending & borrowing platform, consolidating critical DeFi services into one easy-to-use app. With the OEV Network integrated with all API3 data feeds, MachFi can also start recapturing protocol MEV, unlocking even more opportunities for innovation.
API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is trading at $1.796, up 1.5% in the last 24 hours.