Hassan Maishera
On Tuesday, the API3 team announced via X that Stout is now part of the API3 ecosystem. Stout is a native sovereign borrowing protocol driving a new DeFi era on Sonic Labs.
Stout is a permissionless borrowing and lending protocol that allows users to use their favorite assets as collateral. There are no banks or middlemen—just pure onchain finance. With the OEV Network integrated with all API3 data feeds, Stout can also start recapturing MEV protocol, 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 $0.641, up 1% in the last 24 hours.
