The AP13 team announced via X on Wednesday that Sturdy is powering their isolated lending protocol with the API3 Oracle Stack on Mode. Sturdy is revolutionizing DeFi lending with a novel two-tier architecture to isolate risk between assets while avoiding liquidity fragmentation.
API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is currently trading at $1.967, down by 9% in the last 24 hours.