On Friday, the API3 team announced via X that Omega is now part of the API3 ecosystem. Omega is powering its permissionless lending protocol with the API3 Oracle Stack, which gives users access to composable leverage and enables them to maximize their yield within the Mantle ecosystem.
Omega aims to be the premier destination for users to optimize their yield farming on Mantle. It allows users to access up to 6x leverage on their collateral in the most well-vetted and popular dApps.
With the OEV Network integrated with all API3 data feeds, Omega 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 $1.315, down 10% in the last 24 hours.