On Wednesday, the API3 team announced via X that API3's Oracle Stack is now available on ApeCoin Chain. Builders can now leverage over 180 data feeds (dAPIs) on the API3 Market and OEV Network to recapture protocol MEV.
With all data feeds on the API3 Market integrated with the OEV Network, ApeChain protocols will have a built-in mechanism to recapture MEV. dApps can simply read any data feed on the API3 Market, provide their beneficiary address, and start earning.
API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is trading at $1.745, down 1% in the last 24 hours.
ApeCoin (APE) is the governance and utility token of the APE ecosystem. It is a decentralized protocol layer that supports the APE community building at the forefront of Web 3.0. APE is trading at $1.128, up 3% in the last 24 hours.