API3's Oracle Stack is Now Live on Sonic

Twitter icon  •  Published há 1 semana on December 18, 2024  •  Hassan Maishera

On Tuesday, the API3 team announced via X that API3's Oracle Stack is now available on the Sonic blockchain.

API3's Oracle Stack is Now Live on Sonic

On Tuesday, the API3 team announced via X that API3's Oracle Stack is now available on the Sonic blockchain. Builders can now leverage over 190 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, Sonic protocols will have a built-in mechanism to recapture MEV. With the OEV Network being integrated with all of API3’s data feeds on Sonic, developers will have a built-in solution for recapturing MEV.

Sonic is an EVM Layer 1 offering 10,000+ TPS, sub-second finality, and developer-first incentives, such as earning up to 90% of app fees. With SonicVM and SonicDB for speed, scalability, and low costs, it's the ultimate platform for high-performance dApps.

API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is trading at $1.913, down 6% in the last 24 hours. 

Fantom is building a programmable platform on a directed acyclic-graph-based distributed ledger. Its FTM coin is down 9% in the last 24 hours and is currently trading at $1.2877.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.